Alibaba
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Here are everything Alibaba unveiled today: Cloud computer, logistics robot, cloud gaming platform and more
Zhang Jianfeng, president of Alibaba Cloud Intelligence Business Group and president of Alibaba DAMO Academy, today unveiled Wuying, Alibaba's first cloud computer, a supercomputer that grows in the cloud, at the 2020 Apsara Conference.
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Jack Ma says he won't choose the Internet if he starts up again
Jack Ma, the founder of Alibaba, recently said that if he were to start up again, he would not choose the Internet, but would enter a traditional industry.
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Alibaba, Xpeng's largest outside shareholder, holds 13.3% of stake
As of August 26, Alibaba owned 19% of Xpeng's Class A common stock, or 13.3% of Xpeng's outstanding common stock, according to Alibaba and Xpeng's filings with the US Securities and Exchange Commission.
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Alibaba says it's approaching 1 billion consumers in China
After years of hard work, Alibaba is now approaching one billion domestic consumers and 180 million overseas consumers annually, Daniel Zhang, Chairman of the Board and CEO of Alibaba Group, said today.
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Alibaba suspends plans to invest in Indian companies
Alibaba has suspended plans to invest in Indian companies and will not put in new money to expand its investments in India for at least six months, Reuters said, citing people with knowledge of the matter.
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Jack Ma's Ant Group files for dual listing in Hong Kong and Shanghai
Ant Group, controlled by Alibaba founder Jack Ma, filed a listing prospectus with China's Nasdaq-style sci-tech innovation board, also known as the STAR market, and concurrently filed an A1 Application Proof with the Hong Kong Stock Exchange, a key step towards its A+H dual listing.
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Alibaba stops UCWeb and other innovative services in India
Based on sustainability concerns, Alibaba has decided to discontinue the services of UCWeb and other innovative businesses in India, Zhang Yong, chairman and chief executive officer of Alibaba, said on Thursday during the company's analyst call for the first quarter of fiscal 2021.
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WeChat launches mini-store to compete with Alibaba
The WeChat team today announced that the mini-store, which began internal testing on July 24, is fully open to companies, individually owned businesses, and individuals.
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Alibaba Cloud will use AI to improve Beijing's traffic congestion
Alibaba Cloud announced today that it will fully serve the construction of Beijing City Brain, using AI to alleviate local traffic congestion problems.
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Alibaba's autopilot upgrade gives LiDAR recognition more than 3x improvement
DAMO Academy, Alibaba's research and innovation institute, today announced that its sensing algorithm has enabled high-beam simulation of low-wire-beam LiDAR. This indirectly increases the LiDAR wiring harness by a factor of three or more, enabling low-cost generic LiDAR to replace high-cost radar, it said.