The new CEO of Alibaba Group, Eddie Wu, said that this alliance of companies will actively introduce artificial intelligence technologies into the structure of their activities and promote young people to senior management positions.
The media, citing knowledgeable persons, reported that the cloud unit of Alibaba Group Holding is currently exploring the possibility of conducting a private round of financing to raise funds from Chinese state-owned enterprises.
Alibaba Cloud has developed two open-source artificial intelligence models that are able to recognize information contained not only in text materials but also in images.
Standard Chartered and Ant Group agreed to enhance their partnership in driving green and inclusive finance, global fund management and sustainable development
Michael Evans, president of Alibaba Group, announced the intention of the Chinese e-commerce giant to launch its Tmall website in Europe.
With the help of green computing technologies, Chinese fintech giant Ant Group reduced carbon emissions by over 62,100 tonnes of carbon dioxide equivalents (CO2e) in 2022
The e-commerce division of Alibaba Group Holding Ltd. intends to direct huge investments to the development of its Taobao trading application.
The ecommerce industry has boomed over the last few decades, but the crazy thing is it is only just getting started. Indeed, online consumerism will be ubiquitous in the future, and it’s expected to grow significantly and reach $7.3 trillion by 2025. There’s still a lot of opportunity out there for businesses in the industry and people […]
At the peak of the popularity of ChatGPT, Chinese tech giant Alibaba is preparing to introduce an AI-enabled chatbot assistant speaking both English and Mandarin
Chinese e-commerce giant Alibaba Group has sold a 3.1% stake in Indian digital payments company Paytm.
The billionaire Jack Ma will give up control of the Chinese fintech giant Ant Group under a corporate restructuring
Don’t miss out on livestream shopping opportunities: everything you need to know about this market trend
© 2025 PAY SPACE, LLC
03148 Ukraine, Kyiv, 2A P.Kurinoho str.
