Alibaba sold its 73.66% stake in Sun Art to DCP Capital for US$1.6bn, reflecting a shift away from its New Retail strategy.

Alibaba reshuffles commerce business, faces market share losses in China, AI growth opportunity yet to boost cloud ...

Private equity firm DCP Capital has agreed to acquire Alibaba’s majority stake in Sun Art, which operates the RT-Mart chain ...

Alibaba Group Holding is pushing further into the expanding market for artificial intelligence (AI) hardware through a new ...

We recently published a list of 8 Best Low Volatility Stocks To Buy Right Now. In this article, we are going to take a look ...

Alibaba cuts prices on large language models by up to 85% amid fierce competition in Chinese market, while investing in AI ...

Alibaba Group Holding's cloud computing business is collaborating with Chinese start-up 01.AI to develop artificial ...

After disposing of Sun Art and Intime, an 'asset-light' Alibaba is expected to be in a better position to compete against ...

Chinese companies remain engaged in a price war to win market share, prompting Alibaba Cloud to initiate discounts on its visual language model, Qwen-VL, CNBC cites from Alibaba’s WeChat post on ...

Alibaba Group Holding Ltd. agreed to sell its shares in Sun Art Retail Group Ltd. to private equity firm DCP Capital, ...

Alibaba Group Holding Ltd has agreed to sell its shares in Sun Art Retail Group Ltd to private equity firm DCP Capital, ...

Alibaba Cloud, the cloud computing arm of Alibaba Group Holding, has given users of its visual reasoning artificial ...