Alibaba Group Holding
Alibaba shares plunge 11% after $10.2 billion share placement to fund AI expansion
Alibaba shares dropped 11% after announcing an HK$80 billion share placement to fund AI expansion. The company will issue 710 million shares below the previous closing price. Proceeds will enhance AI capabilities amid a 75% decline in quarterly net profit.
2 min read24 Aug 2026Alibaba stock is on a tear. Why China AI excitement is building.
The tech conglomerate's American depositary receipts are up 116% so far in 2025.
1 min read2 Oct 2025Alibaba share price hits four-year high after Nvidia partnership and $53B global AI infrastructure plan
Alibaba share price jumped nearly 10% after the company announced a deal with Nvidia, new AI models, and global data center expansion plans.
3 min read24 Sep 2025Jack Ma’s big test: Can he please Chinese regulators by helping Alibaba's delivery workers?
Jack Ma’s return from exile to Alibaba has boosted morale, but the real test lies elsewhere: whether he can turn delivery riders who have long been squeezed by price wars into allies. Supporting them could not only strengthen Alibaba’s core business but also win Beijing’s approval.
3 min read24 Sep 2025Sovereign AI is best developed as an enabler of soft power rather than hard
The true goal of sovereign AI mustn’t just be to attain self-sufficiency, but to amass power. Developers of trustworthy models that empower people could find a ready market across the globe.
4 min read26 Aug 2025Antfin to exit Eternal in $612 mn block deal
The term sheet showed that the clean-up trade was made at a 4.63% discount to Eternal’s closing share price on 6 August.
2 min read6 Aug 2025Antfin to fully exit Paytm in ₹3,800 crore block deal
The deal is being described as a “clean-up trade” and will not carry any post-sale lock-in requirement.
1 min read4 Aug 2025Alibaba Group Holding share price surges 7% on unveiling DeepSeek contender
Alibaba Group Holdings saw a 7% increase in shares on March 6 after introducing a new model that matches DeepSeek's performance using significantly less data.
1 min read6 Mar 2025Alibaba Q3 Results: Chinese retailer posts higher-than-expected revenue of $38.58 billion
Alibaba Group exceeded Wall Street's revenue expectations for Q3, driven by strong year-end shopping and cost-conscious consumer strategies. Shares rose 2.7% in premarket trading, with international demand and promotions boosting sales.
1 min read20 Feb 2025Qwen 2.5 Max: AI battle heats up as Alibaba claims its new model outperforms Meta and DeepSeek in benchmarks
Qwen 2.5 Max: Alibaba claims its new AI model demonstrates superior performance over competitors such as Meta's Llama and DeepSeek’s V3, highlighting the competitive pressure from DeepSeek's rapid rise in the AI market.
1 min read30 Jun 2025Wait for it…
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