Alibaba Refocuses on Core Online and Global Ventures Alibaba's strategic sale aims to strengthen its core online business and foster international growth, including a new venture in Korea.
Alibaba Sells Sun Art Stake at a Loss Alibaba, after investing $3.6 billion in Sun Art in 2020, sells its stake at a loss. Explore the financial implications and strategic decisions behind this move.
Alibaba Sells Sun Art Stake to DCP Capital for $1.6 Billion Alibaba Group divests its Sun Art Retail shares to DCP Capital, a private equity firm, for $1.6 billion, marking a strategic shift in retail investments.
Alibaba Shifts Focus to Online by Selling Sun Art Stake Alibaba strategically pivots towards online business by selling its Sun Art stake, moving away from physical retail. Discover the implications for the digital landscape.
Alibaba's Cloud Unit Slashes AI Model Prices by 85% Alibaba Cloud drastically reduces prices on large language models by up to 85%, making AI more accessible. Discover the latest in cloud computing cost efficiency.
Alibaba Cloud Cuts Prices on Large Language Models by Up to 85% Alibaba's cloud division drastically reduces costs on its large language models, offering up to 85% savings. Discover how these price cuts can benefit your business.
Alibaba Nears Merger with E-Mart's E-commerce Platform in South Korea Alibaba Group is close to merging its South Korean operations with E-Mart Inc.'s e-commerce platform, marking a significant move in the e-commerce sector.
Alibaba Expands Globally Amid Slower China Growth Alibaba is ramping up its international expansion efforts to counteract slower growth in the Chinese market. Discover how this e-commerce giant adapts its strategy.
Alibaba Shares Rise 3.5% Amid Positive Asian Tech Sentiment Alibaba shares surged 3.5%, driven by strong market sentiment in Asian tech stocks. Discover what’s fueling this growth in the tech industry.
Yovole Highlights Alibaba as Key Client Ahead of Potential US IPO Yovole names Alibaba as a major client, signaling potential growth as it considers a US IPO. Stay updated on Yovole's strategic moves involving Alibaba.