Tag Archives: alibaba

CoinspeakerAlibaba Records Impressive Fiscal Q1 2024 Revenue Growth of 14% The company’s expansion into new business verticals has played a significant role in bolstering its fiscal Q1 2024 results. Alibaba Records Impressive Fiscal Q1 2024 Revenue Growth of 14%

CoinspeakerSoftBank Group May See Profit after Vision Fund Lost $48B Analysts expect that the Vision Fund investment arm of SoftBank Group turned a profit and might announce as much in its upcoming report. SoftBank Group May See Profit after Vision Fund Lost $48B

CoinspeakerAlibaba Cloud Unveils Open-Sourced AI Models to Challenge Meta’s Llama 2 The move follows Meta's release of its own open-sourced LLM, Llama 2, in July Alibaba Cloud Unveils Open-Sourced AI Models to Challenge Meta’s Llama 2

CoinspeakerSoftBank’s Chip Designer Arm Eyes $70B Valuation in Upcoming IPO The move to go public comes amid growing interest in artificial intelligence chips, reflected in the increased market mood towards technologies linked to generative AI. SoftBank’s Chip Designer Arm Eyes $70B Valuation in Upcoming IPO

CoinspeakerAnt Group Prepares for Hong Kong IPO with Strategic Restructuring Ant Group’s IPO was halted in 2020 after the Chinese government intervened, citing rising concerns about the company's growth and potential systemic threats to the financial industry. Ant Group Prepares for Hong Kong IPO with Strategic Restructuring

CoinspeakerMeta’s Llama AI Model Now Accessible to Alibaba Cloud’s Customers The collaboration between Alibaba and Meta holds significant implications for both companies. Meta’s Llama AI Model Now Accessible to Alibaba Cloud’s Customers

CoinspeakerAlibaba Rolls Out AI Image Generation Model to Enhance Business Productivity In addition to Tongyi Wanxiang, Alibaba Cloud unveiled ModelScopeGPT, a versatile framework designed to streamline complex AI tasks across language, vision, and speech domains. Alibaba Rolls Out AI Image Generation Model to Enhance Business Productivity

CoinspeakerAlibaba Explores Different Options for Video Streaming Platforms Youku, Tudou Alibaba is reviewing its video platform assets and is also planning restructuring to boost growth while creating separate entities for video streaming platforms. Alibaba Explores Different Options for Video Streaming Platforms Youku, Tudou

CoinspeakerYahoo Set to Make Comeback by Going Public via IPO The tech industry has witnessed a surge in IPOs this year, reflecting the robust investor appetite for innovative and high-growth companies. Yahoo Set to Make Comeback by Going Public via IPO

Freshippo’s expansion comes three months after its parent company Alibaba revealed its restructuring plans. Freshippo, Alibaba Group’s retail grocery subsidiary, has opened 12 new stores across Mainland China. The stores are strategically located in key cities such as Beijing, Shanghai, and Guangzhou, aiming to cater to the growing demand for high-quality products and exceptional service in the highly competitive grocery market. According to an official press release on June 30, seven of...