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The Latest Breaking News from Alibaba

Jack Ma buys Alibaba stocks, in show of support for struggling empire

Alibaba Group Holding Ltd gained its most in six months after billionaire co-founder Jack Ma bought stock, a much-needed boost for a company weathering internal turmoil and a stock market rout.

The Times of India

Asian Markets Mostly Up, Hong Kong Boosted By Alibaba Rally

Most Asian markets rose Wednesday, with Hong Kong leading the pack for a second day following reports Alibaba's co-founders had bought huge stakes in the firm, a day after it emerged China was planning a blockbuster boost for the country's stuttering equities.

International Business Times

Why Amazon (AMZN) and Alibaba (BABA) Should Be on Your Radar in 2024

The increasing need for online services and the prevalence of e-commerce present favorable prospects for both Amazon.com (AMZN) and Alibaba Group Holding (BABA). Let’s assess their fundamentals to understand why these stocks are worth owning….

StockNews.com

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Even your TikTok dances aren't safe from AI training

Alibaba's Animate Anyone is trained on over 300 TikTok videos.

Creative Bloq

Is Beaten-Down Xpeng Motors Stock a Buy Ahead of Make-or-Break 2024?

Xpeng Motors stock has dropped sharply from its 2023 highs amid the sell-off in Chinese stocks. However, 2024 is set to be a crucial year for the company, and if it can execute on the plans that it has outlined, Xpeng stock could see much better days.

Barchart

10 2024 Stock Picks From An Investing Expert

These 2024 stock picks have the potential to beat the market over the next 12 months.

Kiplinger

Baidu's ChatGPT Rival Ernie Bot Surpasses 100 Million Users

US-based AI startup OpenAI's ChatGPT reached 100 million weekly active users in November last year.

International Business Times UK

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2 Cheap, Undervalued Tech Stocks That Look Set for a 2024 Rebound

Despite U.S. stock markets trading near their all-time highs, PayPal and Alibaba are two cheap and undervalued stocks that could rebound in 2024.

Barchart

JD.com Triumphs in Antimonopoly Battle with Alibaba

JD.com emerges victorious in a groundbreaking antimonopoly lawsuit against Alibaba, marking a major win in the fierce battle for dominance in the Chinese i...

Top News

US court rejects Chinese ecommerce giant Alibaba's effort to quash faked Squishmallows case

A judge in New York has ruled that Alibaba must face a lawsuit by a U.S. toymaker alleging that the Chinese ecommerce giant's online platforms were used to sell counterfeit Squishmallows

The Independent UK

Alibaba is replacing its e-commerce head after just nine months in the job as it tries to beat back Pinduoduo- and Temu-owner PDD

Eddie Wu, Alibaba Group CEO, is now taking direct control over the tech giant's e-commerce division.

Fortune

Shanghai Composite Index Fell 1.03% on Wednesday

Shenzhen Component Index closed down 1.41%

Caixin Global

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The Independent UK

China's Alibaba names CEO Eddie Wu to head its e-commerce business as its growth falters

China's Alibaba Group says its CEO Eddie Wu will head its core e-commerce business, as the company seeks to drive growth and fend off fast-growing online shopping rivals like Pinduoduo

Caixin Global

Shanghai Composite Index Rose 0.05% on Tuesday

Shenzhen Component Index closed up 0.11%

Barchart

2 Best ETFs to Buy for 2024, Based on Analysts' Forecasts for U.S. Stocks

With most analysts predicting low single-digit returns from U.S. stocks in 2024, the VanEck Gold Miners ETF and KraneShares CSI China Internet ETF are two exchange-traded funds (ETFs) that look like good buys for 2024.

StockNews.com

Alibaba (BABA) vs. Trip.com (TCOM) - Analyzing the Gain Potential of China Stocks

Amid China's potential economic acceleration fueled by gradual stimulus measures, which of the two stocks, Alibaba (BABA) or Trip.com (TCOM), hold the key to superior gains at this juncture? Let’s find out….

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news in one place.

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The Conversation

Growth of autocracies will expand Chinese global influence via Belt and Road Initiative as it enters second decade

China currently faces daunting challenges in its domestic economy. But weakness in the real estate market and consumer spending at home is unlikely to stem its rising influence abroad.

Fortune

JD.com's billionaire founder tells employees not to 'lie flat' as Temu-owner PDD catches up to him and Alibaba founder Jack Ma

"We need to change, or there’s no way out for our company," JDD founder Richard Liu wrote in a post on the company's internal forum.

Fortune

China’s former entrepreneurial golden child, Jack Ma, appears to be back with a food venture

Alibaba founder Jack Ma largely disappeared from public life following a crackdown by the Chinese government—now it seems he's back.

TechRadar

China in a bull shop: One of the largest Chinese tech companies has announced a 'game-changing' 3,072-core RISC-V server that used an indigeneous CPU — on US soil

China hits a key milestone with Alibaba demonstrating the first cloud server powered by a RISC-V chip.

Fortune

Baidu reveals expectations-beating earnings and touts its new ChatGPT-like AI models, amid leadership chaos at U.S. competitor OpenAI

Baidu took an early lead in the race to dominate China's AI sector with the release of ERNIE Bot earlier this year.

Barchart

Will Improving Fundamentals Inspire Foreign Investors to Return to Chinese Stocks?

Shares of China’s Alibaba Group Holdings (BABA ) tumbled more than -10% last Thursday and Friday after the company canceled a spinoff of its cloud division, citing U.S. restrictions on advanced semiconductor sales to China. Tencent Holdings (TCEHY ) also fell more than -3% last Friday, despite reporting better-than-expected quarterly...

StockNews.com

Diving Into Chinese Tech: Analyzing the Prospects of Alibaba (BABA) and Hello Group (MOMO) for Investors

Despite several challenges, the Chinese economy has demonstrated exceptional resilience recently. Therefore, top-tier Chinese stocks, such as Alibaba Group (BABA) and Hello Group (MOMO), could be ideal portfolio additions now. Continue reading.

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