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Tag: Alibaba

Alibaba to raise HK$12bn in exchangeable bonds
Business featured

Alibaba offers $1.5m grants to African entrepreneurs

Alibaba Philanthropy and the Jack Ma Foundation have announced $1.5 million in grants for African entrepreneurs creating innovative solutions to the continent’s major challenges. This forms part of the launch of the 8th edition of Africa’s Business Heroes. The 2026 edition carries the theme ‘Defining Africa’s Future Today’. It targets entrepreneurs working in climate-smart agriculture, […]

Tech

Alibaba expands AI push with affordable coding tools

Alibaba Group Holding Ltd., the Chinese e-commerce giant and rising leader in artificial intelligence, is expanding its push into software coding tools by offering affordable access to several top AI models in China. The company’s cloud division is providing a coding tool built on open-source models, including Alibaba’s own Qwen 3.5, as well as models […]

Alibaba partners with Apple on AI for iPhones in China
Tech

Alibaba unveils smart glasses challenging Meta in China

Alibaba Group has launched its first consumer hardware product: the Quark S1 smart glasses. Powered by its proprietary Qwen AI, the glasses feature translucent displays that overlay digital information onto the user’s surroundings, positioning them as a direct competitor to Meta’s Ray-Ban smart glasses in the Chinese market. This launch extends Alibaba’s ambitious reorganization into […]

Alibaba launches advanced AI coding model ‘Qwen3-Coder’
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Alibaba launches advanced AI coding model ‘Qwen3-Coder’

Alibaba Group has unveiled a new open-source artificial intelligence model, Qwen3-Coder, designed to assist with software development tasks. Described by the company as its most advanced coding tool to date, the release marks Alibaba’s latest move in the intensifying global competition to develop cutting-edge AI technologies. The model, launched on Wednesday, is optimized for tasks […]

Alibaba to raise HK$12bn in exchangeable bonds
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Alibaba to raise HK$12bn in exchangeable bonds

Chinese technology giant Alibaba Group is seeking to raise approximately HK$12 billion (US$1.53 billion) through the issuance of exchangeable bonds, the company announced on Thursday. The move is aimed at bolstering Alibaba’s investments in cloud infrastructure and its expanding global commerce operations. The bonds will be exchangeable for shares in Alibaba Health Technology, a Hong […]

Alibaba Cloud expands with data centres in Malaysia, Philippines
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Alibaba Cloud expands with data centres in Malaysia, Philippines

Alibaba Cloud, the cloud computing division of Chinese tech giant Alibaba Group, has expanded its footprint in Southeast Asia with the launch of a third data centre in Malaysia and plans to open a second facility in the Philippines this October. The announcement was made in a company statement released on Wednesday, following the official […]

The European Commission has accepted a set of binding commitments from Alibaba’s AliExpress in response to concerns over the dissemination of illegal and pornographic materials on its platform, the EU’s executive arm announced on Wednesday. The decision follows an investigation launched in March, which focused on AliExpress’s failure to adequately prevent and remove prohibited content, including unregulated medicines, food supplements, and adult material. The inquiry raised the possibility of a significant fine under the EU’s Digital Services Act (DSA). In a statement, the Commission said it had endorsed a series of “wide-ranging commitments” by the Chinese e-commerce giant, making them legally binding. These include strengthened systems for monitoring and detecting illegal products, greater transparency in advertising and algorithmic recommendations, and enhanced traceability of third-party sellers on the platform. However, regulators warned that AliExpress could still face penalties. The Commission's preliminary findings suggest that the company underestimated the risks posed by illegal content and failed to adequately sanction repeat offenders among its traders. AliExpress retains the right to respond to these findings. “We have proactively engaged and closely collaborated with the European Commission throughout this process from the outset, and we will continue to do so,” AliExpress said in a statement. “We are confident that a positive and compliant result will be achieved through continuing our mutual dialogue with the Commission to address any remaining concerns.” The case marks one of the first major enforcement actions under the Digital Services Act, which requires large online platforms to take stronger steps against the spread of harmful and illegal content in the EU digital market.
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EU forces Alibaba’s AliExpress to tighten content controls

The European Commission has accepted a set of binding commitments from Alibaba’s AliExpress in response to concerns over the dissemination of illegal and pornographic materials on its platform, the EU’s executive arm announced on Wednesday. The decision follows an investigation launched in March, which focused on AliExpress’s failure to adequately prevent and remove prohibited content, […]

Alibaba, RedNote partner to streamline app shopping on Taobao
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Alibaba, RedNote partner to streamline app shopping on Taobao

Chinese e-commerce giant Alibaba has entered a strategic partnership with RedNote, a popular lifestyle and content-sharing platform also known locally as Xiaohongshu, to enable seamless app-to-app shopping for users. The collaboration will allow RedNote users to directly click product links and shop on Alibaba’s flagship e-commerce platform, Taobao. The integration formalises a new in-app shopping […]

Alibaba partners with Apple on AI for iPhones in China
Tech

Alibaba unveils Qwen3 AI model series amid China’s AI boom

Alibaba Group Holding has unveiled the Qwen3 series, the latest version of its flagship AI model, keeping pace with the rapid development in China’s AI sector following the rise of DeepSeek. Announced on April 29, Qwen3 reportedly matches or surpasses DeepSeek’s performance in key areas such as mathematics and coding. Alibaba also ssid that the […]

Alibaba, RedNote partner to streamline app shopping on Taobao
News

Alibaba to resume hiring as Xi’s meeting spurs confidence

Alibaba Group Chairman Joe Tsai announced on Tuesday that the company will restart hiring, citing renewed confidence following Chinese President Xi Jinping’s recent meeting with business leaders. Speaking at HSBC’s Global Investment Summit in Hong Kong, Tsai described the rare February gathering—attended by key Chinese tech figures, including Alibaba co-founder Jack Ma—as a strong signal […]

Alibaba launches advanced AI coding model ‘Qwen3-Coder’
News

Alibaba’s AI breakthrough boosts shares

Alibaba Group’s latest artificial intelligence (AI) development sent its Hong Kong-listed shares soaring over 8% on Thursday. The surge followed the company’s announcement of its new AI reasoning model, QwQ-32B, which it claims rivals the widely recognized DeepSeek R1. In a post on X, Alibaba’s AI division revealed that the QwQ-32B model, with 32 billion […]

Alibaba partners with Apple on AI for iPhones in China
Tech

Alibaba releases AI video generation model for free

Alibaba has announced that its video and image-generating AI model, Wan 2.1, is now publicly available as open-source software. This move is expected to increase its adoption and intensify competition in the AI sector. Alibaba said it is open-sourcing four models from its Wan 2.1 series, the latest version of its foundational AI model capable […]

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