Being an avid basketball fan seems to have paid off for Alibaba cofounder and chairman Joseph Tsai, contributing to a $2.3 billion boost to his wealth.

Ant Group has offloaded shares in Orbbec and Youon. The Alipay owner generated a positive return on both 2018 investments.

Alibaba’s scale and strong fundamentals made it a smart pick post-IPO suspension. See why BABA stock is poised for growth ...

Joe Tsai reiterated his priority in Brooklyn is championships, not cash. And when asked if he was interested in buying an NFL ...

Amazon.com, Google-parent Alphabet, Microsoft, and Meta Platforms will far outstrip their Chinese rivals’ spending on ...

Joe Tsai took aim at the $500 billion attached to OpenAI's Stargate project—and the idea of investors building data centers ...

The scramble for talent by Alibaba, owner of the South China Morning Post, comes as Chinese start-up DeepSeek has set off a national frenzy to adopt AI in various industries and sectors ...

Alibaba owns the Post. Introduced in early 2024, these AI tools are designed to assist sellers in marketing, product management, customer engagement and risk control - which form part of efforts ...

Any new growth initiative supported by Beijing's authorities would likely also provide some stimulus to Alibaba Group Holdings as well which owns one of China's largest cloud services. With China ...

PDD Holdings , which operates e-commerce platforms Pinduoduo and Temu, missed market estimates for quarterly revenue on ...