It is reported that Alibaba's Metaverse team laid off a large number of employees and then adjusted the team's strategic focus to welcome the "dimensional universe era" after the Metaverse cools down.

On the 25th anniversary of Alibaba's founding, Alibaba founder Jack Ma said on Ali Intranet: Seeing that Internet A technology is surging again and competition in various industries is fierce, many of Ali's businesses are facing challenges and are facing being surpassed.。"This is expected, because no company can always be number one in any field, and only competition can make itself strong and the industry healthier, not to mention Ali has never been a protected company, Ali believes in the power of the market and the value of innovation."。Ali's first quarter financial report for fiscal year 2025 shows that Ali's revenue is 2432.400 million yuan, up 4% YoY, estimated 2498.500 million, with adjusted EBITA down 1% YoY to 450.3.5 billion yuan。

WeChat said, at present and Taobao platform merchant function adaptation is opening, the specific on-line time please pay attention to Taobao platform announcement.

Alibaba Group's three-year rectification work has ended, and authorities will continue to guide its compliance operations to enhance its competitiveness and revive economic growth.

On August 28, Alibaba announced that the previously announced voluntary conversion of the company's secondary listing status on the Hong Kong Stock Exchange to primary listing status was officially effective.

Alibaba announced that its shareholders have approved plans to upgrade the company's listing in Hong Kong to a primary listing, a move that could attract a large amount of investment from mainland China.

Thanks to the expansion of business scale and improved operational efficiency, Alibaba's core business achieved steady growth this quarter, with revenue in the first quarter increasing 4% year-on-year, but net profit falling 27% year-on-year.

Recently, PricewaterhouseCoopers, which has been frequently dismissed by listed companies, can be said to have temporarily "breathed a sigh of relief". On July 5, Alibaba released an announcement showing that the company will renew its contract with PricewaterhouseCoopers as its auditor for the 2025 fiscal year. So how much will Alibaba pay for the audit? Although not mentioned in the above announcement, but according to the division's annual report for fiscal year 2024 disclosed in May of this year Alibaba paid a total of 165 million yuan to PwC for fiscal year 2024. Alibaba and PwC have a deep history, and the two sides have been cooperating for 24 years. According to Alibaba's annual report for fiscal year 2022, in 1999, Alibaba began to employ PricewaterhouseCoopers (that is, Hong Kong's PricewaterhouseCoopers)

Alibaba Cloud teams up with Moonshot AI and Zhaopin Group in an attempt to introduce various partners in the industry chain in a more open stance and establish a more open ecology of big AI models.

Alipay+ has partnered with Khan Bank to enable digital payments for users of 12 international e-wallets, aiming to boost tourism and businesses across Mongolia.

AliExpress, an international e-commerce site owned by Chinese e-commerce giant Alibaba, is understood to have signed former Manchester United and Real Madrid star David Beckham as a brand ambassador.

HSBC says historically internet companies have tended to see their share prices fall in the short term after issuing convertible bonds.

Alibaba Group reported its fiscal 2024 fourth quarter and full year results and declared a 4 billion dollars dividend for fiscal 2024.

This week, Ali and JD.com's quarterly reports will be widely watched as they are seen as a barometer of consumer sentiment in the world's second-largest economy.

On April 10th, Alibaba founder Jack Ma posted on the company's intranet after five years, sharing his views on company reform and future prospects.

AliCloud announced price reductions across the board in overseas markets, the average reduction is 23%, with a maximum reduction of 59%. After this, actual prices will be lower than any other international mainstream cloud vendors.

In 2024, Taobao content e-commerce will strive to achieve a surprisingly goal in user scale, anchors and GMV.

On March 26th, Alibaba Group announced that its logistics subsidiary Cainiao had withdrawn its initial public offering and listing application on the Hong Kong Stock Exchange.

It is reported that Alibaba's 1688 platform has announced full integration with Taobao, relevant information has been confirmed by officials from Taobao and Tmall Group.

Recently, Ali, Baidu, 360 and other Internet giants have officially announced to upgrade the long text processing function of their AI products, and the fuse comes from the explosion of intelligent assistant Kimi.。