Alibaba

Chinese e-commerce giant Alibaba Group revealed chairman and CEO Daniel Zhang will step down to focus on its cloud division, with his current role to be split between two senior executives.

Alibaba Group disclosed plans to list its cloud business after lining up external financing, part of its first move to split into six independent units.

El grupo Alibaba ha presentado un modelo propio de IA generativa y se ha comprometido a desplegarlo en todo su ecosistema de aplicaciones y empresas, a fin de rivalizar con los recientes avances de los gigantes tecnológicos Microsoft y Google…

Chinese e-commerce giant Alibaba was tipped to invest as much as IDR1. 5 trillion ($100. 1 million) to take a stake in Indonesian operator Smartfren Telecom as part of a plan to expand its data centre business in the country.

The prospect of Alibaba’s listing of its financial arm Ant Group moving forward after an 18-month delay was dampened by the securities regulator denying it is looking at resuming the IPO.

E-commerce giant Alibaba Group reportedly added WeChat Pay as a remittance option in an effort to alleviate pressure from Chinese authorities related to its market dominance.

Alibaba Group, gigante chino del comercio electrónico, ha incluido WeChat Pay como opción de pago, en un intento de aliviar la presión de las autoridades chinas contra su posición de dominio en el mercado.