Alibaba

At the time of flooding in many parts of China, DAMO Academy, Alibaba's research and innovation institute, urgently upgraded its remote sensing AI technology and developed water body recognition algorithms for flood control to support the Ministry of Water Resources' monitoring and analysis.

Alibaba's Ant Group plans to raise $30 billion in a dual listing in Shanghai and Hong Kong that is expected to happen as soon as September, according to the Hong Kong Economic Journal.

Less than half a month after raising $500 million in a Series C+ round, Chinese electric car company Xpeng Motors has raised another round of over $300 million in funding, according to 36Kr. 

China’s top antitrust agency is looking at whether to launch a probe into Alipay and WeChat Pay, Reuters reported on Friday citing sources with knowledge of the matter. 

Alibaba Cloud, the biggest cloud service provider in China by market share, today announced the opening of three super data centers in Nantong, Hangzhou and Ulanqab that will add over a million servers.

Alibaba and its founder Jack Ma has been summoned by an Indian court in a case in which a former employee in the country says he was wrongfully fired and is seeking $268,000 in damages, Reuters reported on Sunday citing documents.

Ant Group, the fintech arm of Alibaba and parent company of Alipay, will create dozens of billionaires and plenty of multimillionaires with its upcoming IPO.

Ant Group, the fintech arm of Alibaba, today announced the upgrade of the Ant Blockchain to "Ant Chain" and the release of an all-in-one machine for the Ant Chain.

Alibaba recently announced that its self-developed NFC technology breaks through the limits of the communications industry, expanding the traditional near-field communication perception distance in any direction from 20 cm to 3 meters, the longest in the world.

Ant Group, the online payment service arm of China’s Alibaba Group, today announced on Weibo that it plans dual listing on Shanghai's STAR board and HK.