2026-01-14
Bloomberg
Sources: Chinese chip designer Montage, a Shanghai-listed company valued at ~$22B, plans a Hong Kong IPO that could raise $900M+, backed by Alibaba and JPMorgan
Chinese chip designer Montage Technology Co. is set to enlist Alibaba Group Holding Ltd. and JPMorgan Asset Management among …
2025-12-30
Bloomberg
1 related
Sources: Chinese AI startup MiniMax is seeking to raise $600M+ from its Hong Kong IPO, set for January 2026, and has secured Alibaba and the ADIA as backers
Bloomberg :
2025-12-28
Financial Times
A look at Chinese food delivery giant Meituan's subsidy war with Alibaba and JD.com, leading Meituan to a big Q3 loss and internal debate over global expansion
Competition from Alibaba and JD.com for fast-growing instant retail market has hit the Beijing-based group
2025-11-29
Bloomberg
4 related
Meituan reports Q3 revenue up 2% to $13.4B and a $2.3B adjusted net loss, worse than $1.9B est., its first loss since 2022, amid a price war with JD and Alibaba
Luz Ding / Bloomberg :
2025-11-28
Bloomberg
4 related
Meituan reports Q3 revenue up 2% to $13.4B and a $2.3B adjusted net loss, worse than $1.9B est., its first loss since 2022, amid a price war with JD and Alibaba
Meituan posted its first loss in almost three years, reflecting the toll of a three-way battle with Alibaba Group Holding Ltd …
2025-11-25
Bloomberg
15 related
Alibaba reports Q2 revenue up 5% YoY to ~$35B, vs. ~$34.5B est., Chinese e-commerce revenue up 16% YoY, and net income down to ~$3B, as it boosts cloud spending
Alibaba Group Holding Ltd. posted better-than-projected 34% growth in its cloud business, offsetting a plunge in profit …
2025-11-12
Bloomberg
6 related
JD.com says it had record sales during China's Singles' Day event, without disclosing transaction values, despite Chinese deflation; Alibaba didn't release data
Jacob Gu / Bloomberg :
2025-09-24
Bloomberg
25 related
Alibaba's Hong Kong-listed shares hit a nearly four-year high after CEO Eddie Wu announced plans to increase AI spending beyond the $53B target over three years
Alibaba Group Holding Ltd.'s shares surged to their highest in nearly four years after revealing plans to ramp up AI spending past …
2025-09-17
Bloomberg
2 related
Alibaba, Tencent, and Baidu have raised $5B+ via bonds in September for AI and digital infrastructure; combined with JD.com, their 2025 AI capex could top $32B
Bloomberg :
2025-09-08
CNBC
9 related
Shenzhen-based humanoid startup X Square Robot raised ~$100M led by Alibaba, taking its total funding to ~$280M, and releases a foundation model for embodied AI
Evelyn Cheng / CNBC :
Loading articles...