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Chinese apps including from JD.com and Alibaba complete data compliance process
Issues such as excessive collection of personal information, excessive use of permissions and inconvenient account cancellation were rectified.
Chinese stock exchanges add Alibaba into Stock Connect Scheme
Alibaba's shareholders had previously approved the upgrade of its HK listing to primary status.
Alibaba’s China e-commerce platforms to accept rival Tencent’s WeChat Pay
Taobao and Tmall have informed merchants about the draft plan.
China’s market regulator says Alibaba has completed three-year ‘rectification’ period
In 2021, the regulator slapped a record $2.75 billion fine on the e-commerce giant.
Alibaba gets shareholder nod to upgrade Hong Kong listing
The move is aimed at attracting investments from mainland China.
China’s spending slump weighs as e-commerce giant Alibaba misses estimates
Alibaba is also grappling with stiff competition from JD.com, Pinduoduo and Douyin.
China’s AI startups struggle to raise revenues as titans like Alibaba, ByteDance cut prices
Sequoia Capital estimates that $600b in revenue is needed to compensate for the cost of data centres that run generative AI.
Alibaba bets on Gen AI tools to help cross-border merchants
The tech conglomerate has been grappling with how to make its global marketplaces more competitive.
Alibaba’s AliExpress recruits Beckham to ‘score more’ global sales
AliExpress also signed on as a sponsor of the UEFA Euro 2024 tournament earlier this year.
Alibaba says it holds 36% stake in Moonshot as it pivots to AI for future growth
Alibaba is so far backed as many as five generative AI startups in China.
