Chinese tech giant Alibaba Group Holding Ltd and its US digital payment processor agreed to pay $600 million to resolve a federal investigation into whether they failed to prevent the sale and importation of illegal pharmaceuticals and controlled substances, the Justice Department said.
Chinese tech giant Alibaba Group Holding Ltd and its US digital payment processor agreed to pay $600 million to resolve a federal investigation into whether they failed to prevent the sale and importation of illegal pharmaceuticals and controlled substances, the Justice Department said.
Washington’s most powerful lobbying firms are rushing to cut ties with Chinese tech giants including Alibaba Group Holding Ltd. and Tencent Holdings Ltd. as new US restrictions reshape the influence game for many Chinese companies.
Washington’s most powerful lobbying firms are rushing to cut ties with Chinese tech giants including Alibaba Group Holding Ltd. and Tencent Holdings Ltd. as new US restrictions reshape the influence game for many Chinese companies.
Alibaba Group Holding Ltd. headquarters in Hangzhou, China.
Alibaba Group Holding Ltd. shares slid to a 16-month low in Hong Kong after Anthropic PBC accused the Chinese technology giant of “illicitly” accessing its artificial intelligence model.
Alibaba Group Holding Ltd. shares slid to a 16-month low in Hong Kong after Anthropic PBC accused the Chinese technology giant of “illicitly” accessing its artificial intelligence model.
Alibaba Group Holding Ltd. shares slid to a 16-month low in Hong Kong after Anthropic PBC accused the Chinese technology giant of “illicitly” accessing its artificial intelligence model.
Alibaba Group Holding Ltd. shares slid to a 16-month low in Hong Kong after Anthropic PBC accused the Chinese technology giant of “illicitly” accessing its artificial intelligence model.
Anthropic PBC accused Alibaba Group Holding Ltd. of waging a large-scale effort to “illicitly” access its Claude artificial intelligence model using thousands of fraudulent accounts. Bloomberg's Maggie Eastland has the latest. (Source: Bloomberg)
Anthropic PBC accused Alibaba Group Holding Ltd. of waging a large-scale effort to “illicitly” access its Claude artificial intelligence model using thousands of fraudulent accounts. Bloomberg's Maggie Eastland has the latest. (Source: Bloomberg)
Anthropic PBC accused Chinese technology giant Alibaba Group Holding Ltd. of waging a large-scale effort to “illicitly” access its Claude artificial intelligence model using thousands of fraudulent accounts that undermine the US AI developer’s decision to keep its products out of China.
Anthropic PBC accused Chinese technology giant Alibaba Group Holding Ltd. of waging a large-scale effort to “illicitly” access its Claude artificial intelligence model using thousands of fraudulent accounts that undermine the US AI developer’s decision to keep its products out of China.
Stickers for Claude software on a laptop at Anthropic PBC's Code with Claude developer conference in London. Photographer: Chris Ratcliffe/Bloomberg
Alibaba Group Holding Ltd. sued the Department of Defense to be removed from a blacklist that identifies the e-commerce leader as supporter of the Chinese military, appealing to the US justice system to avoid a designation the company says is arbitrary and unjustified.
Alibaba Group Holding Ltd. sued the Department of Defense to be removed from a blacklist that identifies the e-commerce leader as supporter of the Chinese military, appealing to the US justice system to avoid a designation the company says is arbitrary and unjustified.
Signage at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, on Thursday, Feb. 6, 2025. President Donald Trump's new trade levies against China includes a broadside against international e-commerce, with apparent plans to extinguish a long-held tariff exemption for packages worth less than $800.
Alibaba Group Chairman Joe Tsai and General Catalyst Managing Director Jeannette zu Furstenberg discuss investment opportunities and leadership with the development of artificial intelligence with Bloomberg's Francine Lacqua and Tom Mackenzie at the VivaTech x Bloomberg Awards in Paris. (Source: Bloomberg)
Alibaba Group Chairman Joe Tsai and General Catalyst Managing Director Jeannette zu Furstenberg discuss investment opportunities and leadership with the development of artificial intelligence with Bloomberg's Francine Lacqua and Tom Mackenzie at the VivaTech x Bloomberg Awards in Paris. (Source: Bloomberg)
Ant Group Co. is testing an overhaul to its Alipay super app that would introduce an AI agent interface, a major escalation in its battle for users with archrival WeChat.
Ant Group Co. is testing an overhaul to its Alipay super app that would introduce an AI agent interface, a major escalation in its battle for users with archrival WeChat.
An Alipay sign at an Ant Group Co. office building in Shanghai, China, on Monday, July 10, 2023. As Jack Ma’s clash with the Chinese government draws to a close after almost three years, it’s clear how costly the conflict has proven for his companies, Ant Group and Alibaba Group Holding Ltd.
Alibaba Group Holding Ltd. is offering $1.5 billion to buy Chinese grocery delivery firm Pupu, initiating a bidding war as part of a broader campaign to wrest market share from online commerce rival Meituan.
Alibaba Group Holding Ltd. is offering $1.5 billion to buy Chinese grocery delivery firm Pupu, initiating a bidding war as part of a broader campaign to wrest market share from online commerce rival Meituan.
A delivery worker for Meituan in Shanghai. Photographer: Qilai Shen/Bloomberg
Shares of Alibaba Group Holding Ltd. and JD.com Inc. slid after Chinese regulators scolded leading e-commerce players for what it called misleading promotions, Beijing’s latest warning against unchecked competition in the vast online arena.
Shares of Alibaba Group Holding Ltd. and JD.com Inc. slid after Chinese regulators scolded leading e-commerce players for what it called misleading promotions, Beijing’s latest warning against unchecked competition in the vast online arena.
Alibaba Group Holding Ltd. has replaced the head of its Dingtalk app, making a high-profile leadership change after an internal debate erupted over the productivity platform’s place in the company’s broader AI strategy.
Alibaba Group Holding Ltd. has replaced the head of its Dingtalk app, making a high-profile leadership change after an internal debate erupted over the productivity platform’s place in the company’s broader AI strategy.
Shares of Alibaba Group Holding Ltd. and JD.com Inc. slid after Chinese regulators scolded leading e-commerce players for what it called misleading promotions, Beijing’s latest warning against unchecked competition in the vast online arena.
Shares of Alibaba Group Holding Ltd. and JD.com Inc. slid after Chinese regulators scolded leading e-commerce players for what it called misleading promotions, Beijing’s latest warning against unchecked competition in the vast online arena.
The Pentagon accused some of China’s biggest companies, including Alibaba Group Holding Ltd., Baidu Inc. and BYD Co. of supporting the Chinese military, doubling down on an earlier decision to label crown jewels of the country’s corporate world as threats to US national security.
The Pentagon accused some of China’s biggest companies, including Alibaba Group Holding Ltd., Baidu Inc. and BYD Co. of supporting the Chinese military, doubling down on an earlier decision to label crown jewels of the country’s corporate world as threats to US national security.
The Pentagon in Arlington, Virginia, US, on Wednesday, Oct. 15, 2025. National news organizations including Bloomberg News, five major television networks and the New York Times said they would refuse to sign new reporting limits set out by Defense Secretary Pete Hegseth's Pentagon. Photographer: Al Drago/Bloomberg
PDD Holding Inc.’s shares suffered their worst drop in a year after the company’s first-quarter revenue missed expectations in part due to fierce domestic competition and weak consumer sentiment in China.
PDD Holding Inc.’s shares suffered their worst drop in a year after the company’s first-quarter revenue missed expectations in part due to fierce domestic competition and weak consumer sentiment in China.
The PDD Holdings Inc. logo Photographer: Chan Long Hei/Bloomberg
China is restricting overseas travel for top AI professionals in private firms such as Alibaba Group Holding Ltd. and DeepSeek, suggesting an escalation in measures intended to safeguard its technology and catch up to the US in a pivotal sphere.
China is restricting overseas travel for top AI professionals in private firms such as Alibaba Group Holding Ltd. and DeepSeek, suggesting an escalation in measures intended to safeguard its technology and catch up to the US in a pivotal sphere.
AI signage at the Canton Fair in Guangzhou, in April.
China is restricting overseas travel for top AI professionals in private firms such as Alibaba Group Holding Ltd. and DeepSeek, suggesting an escalation in measures intended to safeguard its technology and catch up to the US in a pivotal sphere.
China is restricting overseas travel for top AI professionals in private firms such as Alibaba Group Holding Ltd. and DeepSeek, suggesting an escalation in measures intended to safeguard its technology and catch up to the US in a pivotal sphere.
AI signage at the Canton Fair in Guangzhou, in April.
Alibaba Group Holding Ltd. added a new processor to its expanding AI technology stack, enhancing a push to cover every aspect of artificial intelligence development.
Alibaba Group Holding Ltd. added a new processor to its expanding AI technology stack, enhancing a push to cover every aspect of artificial intelligence development.
Signage at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, on Thursday, Feb. 6, 2025. President Donald Trump's new trade levies against China includes a broadside against international e-commerce, with apparent plans to extinguish a long-held tariff exemption for packages worth less than $800. Photographer: Qilai Shen/Bloomberg
Baidu Inc. posted a better-than-feared 1% drop in revenue after growth in nascent AI businesses offset a steady decline in traditional internet revenue, buying the search leader time to catch rivals such as Alibaba Group Holding Ltd. in the post-ChatGPT era.
Baidu Inc. posted a better-than-feared 1% drop in revenue after growth in nascent AI businesses offset a steady decline in traditional internet revenue, buying the search leader time to catch rivals such as Alibaba Group Holding Ltd. in the post-ChatGPT era.
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