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China e-commerce leader Alibaba on Thursday said it plans to raise about $3.2 billion through the sale of a zero-coupon ...
Alibaba approves cloud computing unit spin-off, prepares for grocery and logistics arms to go public
HONG KONGHONG KONG — Alibaba plans to spin-off of its cloud computing business and said Thursday that its logistics and grocery units will explore initial public offerings as the Chinese e-commerce ...
Alibaba Group’s shares listed on the Hong Kong Stock Exchange surged 19% following the release of impressive financial results, with the company’s cloud computing division showing powerful performance ...
An industry professional in cloud computing told Jiemian News that under the wave of AI large models, Alibaba Cloud and Volcano Engine have adopted relatively aggressive market strategies, while ...
Alibaba is looking to raise $3.2 billion through the sale of zero-coupon convertible bonds. As reported by Reuters, the ...
Alibaba and Tencent race to support 'Palworld,' a hit game dubbed 'Pokémon with guns,' with cloud services. Palworld' craze in China boosts cloud computing rivalry between Alibaba and Tencent, despite ...
Not all investors are eager to own the spinoff stocks. However, Alibaba Cloud is riding on massive tailwinds. The first business unit that will become fully independent is Alibaba Cloud. The plan is ...
AI workloads bring higher margins and stickier customer relationships. Alibaba’s competitive positioning remain strong in its ...
Chinese tech giant Alibaba Group Holding Ltd. has opened a new campus for its cloud computing unit, Alibaba Cloud, in its home city of Hangzhou. Per the South China Morning Post, which Alibaba owns, ...
The e-commerce juggernaut has reportedly developed a new AI chip, and is plowing cash into advancing its related businesses.
Technology company Bosch has signed an expanded agreement with Alibaba Group for cloud computing and AI technologies. The two ...
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