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Alibaba to hire 2k graduates in China amid youth unemployment, eased regulations
Alibaba's e-commerce arm is hiring 2,000 graduates as youth unemployment hits record levels and regulatory crackdown eases.

China's Alibaba rolls out ChatGPT rival Tongyi Qianwen
The new AI model will be added to Alibaba's Slack-like DingTalk app as well its smart home appliance provider Tmall Genie.

Alibaba to split empire into 6 units as co-founder Jack Ma returns to China
Alibaba Group plans to split into six units and explore fundraisings or listings for most of them, it said on Tuesday, in a major revamp as Beijing vows to ease a sweeping regulatory crackdown and support its private enterprises.

Alibaba founder Jack Ma is living in Tokyo now: Report
Ma, 58, has largely disappeared from public view since he criticised the Chinese regulators in 2020, accusing the state-run banks of having a “pawnshop mentality” and calling for bold new players that can extend credit to the collateral poor.

Indonesian tech firm GoTo in talks with Alibaba, Softbank for stake sale
Formed via a merger of ride-hailing provider Gojek and e-commerce firm Tokopedia, GoTo raised $1.1 billion in one of the world’s largest initial public offerings this year. The share sale boosted the value of stakes of China’s Alibaba and SoftBank’s Vision Fund to almost $5 billion combined.
