A new plan from the Zhejiang government will see billions of yuan spent through 2027 to support AI companies and attract ‘top talent’.

Meitu Inc, a Chinese tech company known for its popular image-editing app and content-sharing software, announced on Tuesday a strategic partnership with Alibaba Group's wholly-owned subsidiary Alibaba.com China Ltd, and received a $250 million investment.

Alibaba stock price plunged as investors reacted to reports that the Trump administration was scrutinizing the deal with Apple.

In its latest fiscal quarter, Alibaba generated the U.S. dollar equivalent of about $32.6 billion in revenue, up about 7% year over year, although this failed to meet the expectations of analysts. On the bottom line, Alibaba's adjusted earnings increased significantly but also fell short of estimates.

A federal court in Chicago denied Alibaba’s motion to modify a temporary restraining order in this trademark infringement lawsuit brought by the owner of Miffy, a rabbit character originating in Dutch picture books,

The Chinese e-commerce giant’s fourth-quarter revenue grew as consumer sentiment held up and the e-commerce giant’s AI efforts continued to bear fruit

Alibaba posted quarterly revenue that missed analysts' estimates on Thursday, as the e-commerce group works on new strategies to keep consumers spending amid persistent economic weakness in China and uncertainty over the impact of tariffs.

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