Caixin
Company Index
Alibaba Cloud
Alibaba Cloud
NEWS
company-info
Jack Ma tells employees ‘we must reform for the future’
Apr.15 2024 07:27 AM
company-info
  • Alibaba, under the leadership of founder Jack Ma and executives Daniel Zhang and Joseph Tsai, is refocusing on its core e-commerce and cloud computing businesses after a period of reflection and business contraction. This shift includes divesting non-core assets, such as traditional retail operations, to protect its main revenue streams amid challenges like the pandemic, competition, and regulatory fines.
  • Alibaba's internal restructuring aims to improve user experience and organizational efficiency in response to past shortcomings in market competition. The company has initiated significant personnel changes, emphasizing AI-driven strategies and prioritizing customer satisfaction over chasing KPIs.
  • Despite efforts to revitalize growth through strategic adjustments in e-commerce and cloud services, Alibaba faces intense competition both domestically and internationally. Its stock price has significantly declined from its peak in 2020, reflecting market skepticism about the effectiveness of these reforms. Meanwhile, Alibaba continues to explore opportunities for expansion in international markets through platforms like AliExpress (速卖通) and its B2B services.
Apr.13 2024 20:24 PM
company-info
The company has cut the prices of more than 100 products by up to 55% as growth in the sector, and the company’s market share, has diminished
Mar.1 2024 09:26 AM
company-info
The likes of Alibaba, Tencent and Huawei have accelerated their global expansion this year, thanks largely to the buzz around AI, encroaching on the territory of U.S. leaders Microsoft and Amazon
Dec.27 2023 18:36 PM
company-info
After the spinoff, the workplace collaboration platform will operate as a standalone unit within the e-commerce giant
Aug.15 2023 20:32 PM
company-info
The unit of the e-commerce giant has made two of its large language models open source, which can help companies create generative AI tools like ChatGPT
Aug.4 2023 17:23 PM
company-info
China is unlikely to see a major Covid outbreak anytime soon, an expert says. Plus, the country grants authorities more powers to fight spies
Apr.28 2023 08:59 AM
company-info
Unit of e-commerce giant to offer core cloud services for as much as 50% less while offering free trials as it prepares to go public
Apr.27 2023 03:49 AM
company-info
Nio denies short-seller claims of dodgy accounting, U.S. accused of cyberattacks on Chinese research institutes
Jul.1 2022 20:31 PM
company-info
Didi shareholders approve U.S. delisting, mysterious firm seeks control of Arm China
May.24 2022 20:58 PM
company-info
Vice premier reiterates support for digital platforms, CATL gains European safety certificate
May.20 2022 19:56 PM
company-info
Company’s admission follows MIIT rebuke, as well as praise from the cybersecurity industry for uncovering one of the more serious software vulnerabilities found in recent years
Dec.25 2021 03:35 AM
company-info
Domestic clients turning into competitors and the encroachment of foreign giants are threatening the sky-high growth of Alibaba, Tencent and Huawei’s cloud businesses
Jul.21 2021 20:57 PM
company-info
Daniel Zhang broadens scope of power for leaders of e-commerce giant’s technology, retail and wholesale businesses in continuation of sweeping restructuring
Dec.20 2019 08:40 AM
company-info
Attention has turned to the e-commerce giant’s future leaders as Jack Ma's retirement approaches
May.14 2019 21:11 PM
company-info
Hu Xiaoming had run Alibaba’s cloud business for three years before taking long-vacant job at its fintech affiliate
Nov.30 2018 18:43 PM