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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.

The Alibaba Group logo is lit up at its office building in Beijing, China (Reuters/File)
Published on Aug 19, 2023 11:49 AM IST
Bloomberg | | Posted by Singh Rahul Sunilkumar

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.

The large language model — dubbed Tongyi Qianwen, roughly translated to “Truth from a Thousand Questions” — will be incorporated across all of Alibaba’s products and services in the “near future, (REUTERS)
Updated on Apr 11, 2023 02:23 PM IST
Bloomberg |

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 (REUTERS)
Published on Mar 28, 2023 05:29 PM IST
Reuters |

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.

Alibaba Group co-founder and executive chairman Jack Ma(REUTERS/File)
Published on Nov 29, 2022 08:52 PM IST

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.

GoTo is gauging the interest of early backers including Alibaba Group Holding Ltd. and SoftBank Group Corp. for a managed sale of some of their shares to new investors
Published on Oct 21, 2022 10:29 AM IST
Bloomberg | | Posted by Aryan Prakash
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