Sources: Tencent and Alibaba are in talks to invest in DeepSeek at a $20B+ valuation, partly benchmarked against Moonshot's pending round at an $18B valuation
Chinese tech giants Tencent Holdings and Alibaba Group are in talks to invest in DeepSeek, the AI upstart that recently started fundraising …
Alibaba buys import ecommerce platform Kaola from NetEase for ~$2B, will integrate it into Tmall, creating the largest cross-border ecommerce platform in China
Alibaba Group said today it has acquired NetEase Kaola for $2 billion and will integrate it into Tmall, creating the largest cross-border e-commerce platform in China.
Alibaba to buy all remaining outstanding shares of Chinese food delivery service Ele.me at a $9.5B valuation
Chinese tech giant Alibaba Group has announced that it will acquire all outstanding shares that it does not already own in online food delivery company Ele.me, in a deal valuing the target company at ...
Sources: Alibaba-backed mobile search company Quixey, which raised more than $130M, in process of shutting down
Quixey, a seven-year-old mobile search company that raised more than $130 million from Alibaba Group and others, is in the process of shutting down, said a person with direct knowledge of the situatio...
Filing shows Alibaba is now the largest outside shareholder in e-commerce site Zulily with 9.3% of total shares
Alibaba takes big stake in Seattle's zulily e-commerce site — Alibaba Group, the giant Chinese online retailer, has emerged as the biggest outside shareholder in Seattle-based zulily …