News & Insights Across Asia
The Chinese animated blockbuster “Ne Zha 2” has achieved merchandise sales exceeding 300 million yuan on Alibaba’s platforms, reflecting its immense popularity and strong demand for related products.
Alibaba’s shares surged 15% following better-than-expected earnings and a commitment to aggressive AI and cloud computing investments over the next three years.
Alibaba partners with Apple to integrate AI into Chinese iPhones, boosting Alibaba’s stock to a three-year high and aiming to enhance Apple’s competitiveness in China’s smartphone market.
Apple partners with Alibaba to develop AI features for iPhone users in China, boosting Alibaba’s Hong Kong shares by 8%. The collaboration aims to enhance personalized services using user data.
Alibaba unveils its latest AI model, Qwen 2.5-Max, claiming it surpasses DeepSeek-V3 and leading competitors. The release marks a significant move in China’s escalating AI advancements.
Chinese tech giants Alibaba, Tencent, and JD.com are collaborating to expand payment and delivery options, enhancing user experience and resource integration in the e-commerce industry.