Alibaba and Other China Tech Stocks Tumble
Shares in U.S.-listed Chinese technology companies such as Alibaba, JD.com and Temu's parent company PDD fell sharply Monday. Alibaba recently stood about 9.5% lower, while PDD lost 8%. The pullback follows an extraordinary runup for some of these stocks,
Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...
Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...
Alibaba's shares opened 10% higher in Hong Kong on Friday to reach their highest level in more than three years, after it ...
The US tech behemoth signals a strategic pivot with cancelled data center contracts while the Chinese tech giant's shares ...
The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.
Alibaba Group Holding Ltd. has announced an ambitious plan to invest over 380 billion yuan ($53 billion) in AI infrastructure over the next three years. Alibaba joins global AI race by investing $53 ...
Alibaba just dropped a bombshell: it's pouring $52.4 billion into AI and cloud computing over the next three yearsmore than ...
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