China and Hong Kong stocks declined on Tuesday due to a sell-off in tech heavyweights and increased U.S. tariff risks. The ...
China and Hong Kong markets faced setbacks with key tech stocks dropping amid rising U.S. tariff concerns. The Hang Seng Tech ...
Dentsu’s latest Ad Spend Report projects ad spend to grow 5.8% in 2025 across Asia Pacific region, surpassing both global GDP ...
Chinese tech now offers an alternative. Generative AI is not the only field where export controls have failed. Sales at ...
Alibaba Group Holding Ltd.'s U.S.-listed stock fell more than 10% on Monday after the online retailer said it plans to spend about $53 billion over the next three years on its cloud computing and ...
The sell-off in Chinese equities, including a 4% decline in Baidu (NASDAQ: BIDU) and a 9% drop in PDD Holdings, was largely ...
Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.
Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...
U.S.-listed shares of Alibaba Group are falling 3% in premarket trading Monday after the Chinese tech giant announced plans to invest more than $52 billion in artificial intelligence and cloud ...
Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing ...
Alibaba Group plans to invest more than $52 billion on AI and cloud infrastructure over the next three years, in a bid to seize more opportunities in the artificial-intelligence era.
Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...