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The Latest Breaking News from Alibaba

Alibaba bids $1.5 billion for China grocer Pupu in Meituan fight

Alibaba is reportedly offering $1.5 billion for Chinese grocery delivery firm Pupu, initiating a bidding war to gain market share from rival Meituan. This move highlights intense competition for scarce retail assets in China's local commerce and fresh produce sectors. The escalating bids signal a potential return to market-share competition…

The Economic Times

Nvidia begins Vera CPU sales pitch to Chinese clients, sources say

The outreach underscores how the world's most valuable company is quickly pivoting to the new product to revive its rapidly declining fortunes in China, as shipments of its second-most powerful AI chip, the H200, to the country have stalled for months.

The Economic Times

China Sees Red As US Tags BYD, Baidu And Alibaba In 'Military List'

The Pentagon had added several non-state-backed Chinese companies, including electric vehicle maker BYD, and technology firms Alibaba and Baidu to its military list, aimed at identifying companies which the US administration views as having links to the Chinese military.

International Business Times

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China opposes US move to list top firms as military companies

China says it firmly opposes the U.S. adding several prominent Chinese businesses to its list of military-linked companies

The Independent UK

Explained: SpaceX's IPO includes a 'greenshoe' option. Here's what that means

SpaceX's record $75 billion IPO includes a greenshoe option, allowing for the sale of an additional 15% of shares. This standard feature, designed to stabilize trading, could raise SpaceX an extra $11.2 billion if demand remains strong. The greenshoe option, named after a 1960 IPO, helps manage volatility for newly…

The Economic Times

What is SpaceX's IPO ticker and where will it be listed as SpaceX stock begins trading today, June 12, in the biggest IPO in history— should investors buy on day one?

SpaceX IPO Ticker, Nasdaq Listing and $1.78 Trillion Valuation: The wait is finally over. SpaceX stock began its historic market debut today, June 12, 2026, after pricing at a fixed $135 per share the night before. The company raised a record $75 billion, landing an opening valuation of approximately $1.77…

The Economic Times

SpaceX's IPO could be largest in history. Here's how it compares to previous record-holders

The hotly anticipated IPO is set to be the largest in stock market history, and is more than 7.5 times Alibaba's IPO, in second place.

Fortune

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SpaceX lowballed its bankers on fees. Goldman Sachs has another way to win big

The real money comes after the opening bell.

Fortune

Alibaba, Baidu, and BYD Flagged as 'Chinese Military Company' by Pentagon Over Security Concerns

The US has controversially added Alibaba, Baidu, and BYD to a list of Chinese military companies, sparking tensions and prompting the firms to challenge the designation.

International Business Times UK

Dear Alibaba Stock Fans, Mark Your Calendars for June 30

New Pentagon restrictions tied to BABA's controversial Chinese military company designation officially take effect on June 30. Alibaba investors will be watching closely.

Barchart

Tech Brief (June 10): China Targets 10,000 Humanoid Robots in Commercial Use by End-2026

Chinese tech insiders cash out after AI stock rally, Pentagon adds Alibaba, Baidu, BYD and Nio to Chinese military-linked list

Caixin Global

US puts Alibaba, BYD and Baidu on Chinese military blacklist

The Pentagon has added 188 Chinese companies to its military blacklist — its biggest ever expansion — in a move that targets household names far beyond the defence sector.

Euronews

BYD and Alibaba among big names aiding China’s military, Pentagon says

Updated Pentagon list includes swathe of China’s top technology firms in move that could inflame tensions between the countries

The Guardian - UK

US labels Alibaba and BYD as aiding Chinese military

The Pentagon has added Chinese businesses including tech giant Alibaba, electric car maker BYD and search engine Baidu to its list of Chinese military firms.

AAP

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France 24

Beijing condemns US move to blacklist Chinese companies

China said Tuesday that it “firmly opposed” the US decision to blacklist major Chinese companies including Alibaba and Baidu, after Washington accused them of aiding the Chinese military. Beijing warned against what it called the “unreasonable suppression” of Chinese firms and called on Washington to correct its decision.

The Times of India

The Pentagon on Monday reinstated and expanded a list of Chinese companies it accuses of supporting China's military, naming major firms including Alibaba Group Holding, Baidu Inc., Tencent Holdings and electric vehicle maker BYD Co. The move is likely to add further strain to already tense US-China relations.

The Economic Times

US says BYD, Baidu and Alibaba and other tech giants are aiding China's military

The U.S. has updated its list of Chinese companies aiding Beijing's military, adding tech giants like Alibaba and Baidu, alongside chipmakers CXMT and YMTC. This move, superseding a 2025 list, could heighten U.S.-China tensions and impact firms through future contracting restrictions.

The Economic Times

Alibaba, BYD, Baidu are helping China military - Pentagon makes shocking claims

US-China relations: Pentagon's update on Monday comes months after it briefly released -- then withdrew -- an earlier version of the list without explanation.

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The Independent UK

Pentagon labels tech giant Alibaba and electric car maker BYD as aiding Chinese military

The Pentagon has added several prominent Chinese businesses to its list of Chinese military companies

The Independent UK

The Latest: Trump dismisses idea that Iran betrays his ‘no new wars’ campaign message

President Donald Trump is dismissing the idea that launching the war with Iran this year betrayed his refrain of “No new wars” that he made as he campaigned for the White House

The Economic Times

US says BYD, Baidu and Alibaba are aiding China's military

America has released a new list of Chinese companies it believes support Beijing's military. Major firms like Alibaba, Baidu, and BYD are included. Other companies like WuXi AppTec and RoboSense Technology are also on the list. While not imposing immediate sanctions, the Pentagon will stop contracting with these firms in…

The Economic Times

DeepSeek close to sealing $7 billion funding in historic AI deal

Chinese AI startup DeepSeek is nearing a massive $7.4 billion funding round, with tech giants Tencent and CATL leading the investment. DeepSeek’s fundraising would mark a new level of ambition from China’s AI leaders as they seek to compete with their American counterparts in the field.

Fortune

‘The next China is still China’: McKinsey’s Joe Ngai and Nick Leung on why global business can’t write off the Chinese economy

“You can’t find another China. There’s no other China out there now," Greater China chair Joe Ngai says.

AAP

Manulife Hong Kong and Alibaba Cloud Sign Strategic Partnership to Accelerate and Scale AI Innovation

HONG KONG, June 2, 2026 /PRNewswire/ -- Manulife Hong Kong today announced a strategic partnership with Alibaba Cloud, a leading global provider of AI infrastructure and the intelligence backbone of Alibaba Group, to establish a collaboration framework focused on advancing responsible AI innovation and accelerating the deployment of AI technologies…

Tom’s Hardware

Sellers circumvent Lenovo’s retro handheld ban with cheap wholesale storefronts — $41 gray-market G02 units pop up on Alibaba following initial storefront purge, systems were pulled from sale amid copyright drama and regional restrictions

Lenovo has pulled the G02 from sale on different Chinese e-commerce platforms after the company discovered that it was being sold outside of China.

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