Baidu also said earlier this week it will soon finish internal testing for a ChatGPT alternative called 'Ernie Bot'
The China State Administration for Market Regulation, which is responsible for stopping monopolistic behavior, has fined Alibaba, Tencent and numerous other companies.
Beijing's harsh regulatory crackdown means Ant now stresses its autonomy, to the point that Alibaba might even compete with its one-time sister company
India's Ministry of Corporate Affairs and the Mumbai Police have launched investigations into Alibaba Cloud (India) LLP, sources have told The Economic Times
Leading the charge will be Trudy Dai, a founding member of the company, who has been tasked with revitalizing Alibaba's business and organization
Covid lockdowns in China lifted Alibaba's earnings, thanks to surging demand for cloud services as millions of citizens work from home and shop online
Shares plunged, then recovered, after CCTV revised a report to make clear the individual involved was not billionaire Alibaba founder Jack Ma
Chinese tech stock surge, gaining faster than overall stock market as investors hope China's tech crackdown is easing.
Millions sought food from the Alibaba's Freshippo after most supermarkets and stores shut, but the system was overloaded by a 200-300% rise in orders, company says
Brokerage and data provider E-House China said it continues to explore ways to secure the requisite funds to repay the 2022 Notes on the maturity date