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.

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.

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On March 26th, Alibaba Group announced that its logistics subsidiary Cainiao had withdrawn its initial public offering and listing application on the Hong Kong Stock Exchange.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

Alibaba stated that in order to expand its business in South Korea, the company will invest $1.1 billion (approximately KRW 1447.1 billion) in the Korean market over the next three years.