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Can Alibaba’s HK$5 billion plan put Hong Kong films back on the global stage? Industry players say it’s possible
The division’s film also said it would set up an office in Hong Kong as its second base. Parent company Alibaba Group owns the South China Morning Post. The plan, titled the “Hong Kong ...
Business Insider1y
Jack Ma's Alibaba was once China's answer to Silicon Valley giants – but its turnaround plan appears to be in trouble
In March 2023, Alibaba announced a radical restructuring program that would see it split into six businesses led by separate CEOs amid the increased scrutiny. That has not gone according to plan ...
Business Insider India1y
Alibaba to make significant job cuts amid IPO plans
Chinese internet giant Alibaba is making significant job cuts, reportedly around 7 per cent of its workforce, as it plans separate IPOs for its various business groups. In March, Alibaba Group ...
U.S. News & World Report10d
Alibaba Releases AI Model It Claims Surpasses DeepSeek-V3
BEIJING (Reuters) -Chinese tech company Alibaba on Wednesday released a new ... costs prompting investors to question huge spending plans by leading AI firms in the United States.
TASS8y
Alibaba plans to expand business in Russia — Jack Ma
ST. PETERSBURG, June 17. /TASS/. The global e-commerce giant Alibaba Group plans to expand its presence in Russia, the company’s Board Chairman and founder Jack Ma said following his ...