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Ant International appoints US basketball star Sabrina Ionescu as global ambassador

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The four-time WNBA All-Star will boost Ant's global footprint and youth appeal beyond Asia.

China ecommerce titans show growth without profit in Q2: JD, Meituan, Alibaba under pressure

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Intense competition in China’s delivery market means revenue gains come at the cost of falling profits.

Alibaba pledges 'aggressive' AI investment, reports fastest growth in a year

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Revenue jumped 8% as Alibaba's AI-driven strategy paid off. A surge in investor confidence has sent its share price soaring over 60% since the start of the year.

Alibaba, Tencent beat forecasts with strong results

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Both Chinese tech giants continue to record robust growth. Meanwhile, Tencent's market capitalisation is already more than double that of Alibaba’s.

Daniel Zhang suddenly exits Alibaba Group as new chairman and CEO takes over

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In a surprise move, Zhang has resigned as head of Alibaba's Cloud Intelligence Group, after stepping aside from his position as chairman and CEO earlier this year.

Alibaba Group names new chairman and CEO

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In a surprise succession plan, Alibaba has announced a new chairman and chief executive to replace Daniel Zhang. The e-commerce major has been struggling to bounce back post-Covid.

Alibaba to split into six units, each to pursue independent IPOs

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The shake-up comes a day after founder Jack Ma made a rare public appearance in China.

Alibaba to shut down Tmall in Hong Kong

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Sources tell Campaign the reasons for the retreat have nothing to do with performance or competition from HKTVMall, but is instead part of the company's consolidating business strategy.

Asia-Pacific Power List 2022: Chris Tung, Alibaba

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In the past year, Tung used the Alibaba brand as a beacon of strength and hope despite uncertainty around many events such as the Olympics and the 11.11 shopping festival.

Alimama to debut ad trading and bidding with five video sites

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HANGZHOU - In June, Alibaba Group will start allowing Taobao and Tmall merchants to bid in real-time for display advertising space within popular online video websites through the company’s Alimama online advertising exchange.

Digital happenings this week from Alibaba, Mengniu, Ogilvy, MediaCom China, AKQA and more

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A roundup of the latest digital people moves, account wins, pitches and developments across the Asia-Pacific region.

Lowe China scoops Alipay, K-Boxing menswear

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SHANGHAI - Lowe China has won the creative duties for Alipay, the online payment system under the Alibaba Group, and local menswear brand K-Boxing, which has an annual turnover of US$1.23 billion.

Alibaba Group gets into search with the launch of Etao.com

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BEIJING – Asia's largest e-commerce player Alibaba Group is pursuing a share of China's lucrative search business by launching its own search engine Etao.com, with Microsoft's support.

Alibaba launches corporate news site Alizila to improve business coverage

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HANGZHOU - Alibaba Group has launched corporate news site Alizila to provide Alibaba users with updates, videos and information about Alibaba Group products and services as well as the global e-commerce industry.

Alibaba launches two new shopping platforms

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HANGZHOU – Alibaba Group’s online shopping and socialising platform Taobao has partnered with Wasu Media Internet to launch an interactive television shopping platform and a digital portal.