Pentagon Identifies 8 Chinese Tech Giants for Military Watchlist
Pentagon recommends adding Alibaba, Baidu, BYD and 5 other Chinese tech firms to military companies list, raising concerns for US investors despite recent Trump-Xi trade agreement.
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Alibaba Beats Revenue Expectations on AI Boom and E-Commerce Growth
Alibaba reports 5% revenue growth to $35B, driven by AI development and quick commerce expansion. Cloud revenue up 34% as China tech giant doubles down on artificial intelligence investments.
Alibaba's Qwen AI App Soars to 10M Downloads in Just One Week
Alibaba's (BABA) Qwen AI assistant reaches 10 million downloads within a week of launch, competing with ChatGPT in China's growing consumer AI market.
PDD Holdings Beats Earnings But Warns of Tough Times Ahead
PDD Holdings (PDD) reports 9% revenue growth and beats profit forecasts, but shares fall as company cautions about fierce competition and regulatory challenges affecting its China and Temu businesses.
China’s Singles’ Day Sales Soar with AI Boost
Alibaba, JD.com, and Douyin see record-breaking Singles’ Day sales as AI helps brands grow amid a slow economy.
Alibaba Accused of Supporting Chinese Military Operations Against US Targets
White House memo claims Alibaba provides tech support to Chinese military for operations targeting US infrastructure, raising national security concerns about data access and cyber threats.