Alibaba Group Holding Ltd. (BABA) Latest Company News

Aug 24, 2026, 09:17 UTC
XPeng Robotics announced the completion of its first financing round of over $900 million, with a post-money valuation of over $6.3 billion (about 43 billion yuan), setting a record for single-round private equity financing in China's embodied intelligence industry.
Source:
Aug 24, 2026, 02:51 UTC
Alibaba's subsidiary Shanghai Aslan Business Travel Service Co., Ltd. has fully established a new company, Zhejiang Alibaba Business Travel Technology Co., Ltd., with a registered capital of 10 million yuan, to provide business travel and agency services.
Source:
- finance.sina.cn
Aug 23, 2026, 23:51 UTC
Michael Burry sold all his holdings in Alibaba and switched to JD.com, citing overvaluation.
Source:
Aug 21, 2026, 15:55 UTC
Lazada unveiled its 'Global Full-Domain Ecosystem' for Chinese brands, including the 'One-Click Light Overseas' project, on August 20, 2026.
Source:
- nbd.com.cn
- wap.eastmoney.com
Aug 21, 2026, 05:31 UTC
Chinese robotics startup Dexmal is seeking a valuation of around 20 billion yuan ($3 billion) in an ongoing funding round, demonstrating strong investor interest in the country's firms chasing a breakthrough in physical artificial intelligence.
Source:
- bloomberg.com
- aastocks.com
Aug 21, 2026, 04:38 UTC
Alibaba Cloud announced plans to increase the proportion of self-developed chips in its data centers, replacing commercially purchased chips, to improve competitiveness and gross margins.
Source:
- theregister.com
Aug 20, 2026, 09:35 UTC
Alibaba announced that its Zhenwu series chips have achieved large-scale commercial deployment.
Source:
Aug 19, 2026, 19:19 UTC
A life insurance policy's residual cash value right was auctioned on Alibaba Asset platform, with 41 bids and a final price of 161,700 yuan, an over 80% premium over the starting price of 89,700 yuan.
Source:
- wap.eastmoney.com
- m.21jingji.com
Aug 19, 2026, 09:58 UTC
Weibo released its Q2 2026 financial results on August 19, 2026, reporting total quarterly revenue of $453.8 million (about HK$3.585 billion), including advertising revenue of $381 million, and adjusted operating profit of $125.4 million with a 28% adjusted operating margin.
Source:
Aug 19, 2026, 01:01 UTC
AI video platform Shengshu Technology, backed by Alibaba, is considering an IPO in Hong Kong next year, aiming to raise over $500 million, and is working with CICC and CITIC Securities.
Source:
- aastocks.com
Aug 18, 2026, 23:00 UTC
A Forbes investigation reveals that American startups supplying datasets to OpenAI, Anthropic, and the U.S. military are also selling the same refined data to Chinese AI labs, including Tencent, Ant Group, Alibaba, and ByteDance, forming a $500 million annual data supply chain.
Source:
- redstate.com
Aug 18, 2026, 10:18 UTC
LimX Dynamics, a robotics company backed by Alibaba, confidentially filed for a Hong Kong IPO to raise up to $300 million.
Source:
- bloomberg.com
Aug 18, 2026, 08:15 UTC
Apple has trained a China-specific AI model in partnership with Alibaba Group, and plans to launch Apple Intelligence in China in the coming months after an iOS update.
Source:
- gdnonline.com
Aug 18, 2026, 08:09 UTC
Alipay, an affiliate of Alibaba Group, launched a new merchant platform, boosting Alibaba shares.
Source:
- bloomberg.com
Aug 17, 2026, 23:59 UTC
The Trump administration formally designated Alibaba and Baidu as Chinese military companies, banned the Defense Department from contracting with them, and placed Z.ai on a national security restricted-trade list.
Source:
- techtimes.com
Aug 17, 2026, 17:09 UTC
Alibaba Group Holding Ltd. sold its gaming unit Lingxi Games for over $2 billion.
Source:
- gurufocus.com
Aug 17, 2026, 11:30 UTC
World Liberty Financial, backed by President Donald Trump, is collaborating with Hong Kong-based WorldClaw, which offers AI models from Chinese companies flagged by the U.S. administration, and accepts World Liberty's crypto tokens as payment.
Source:
Aug 17, 2026, 07:52 UTC
Yang Meng, Global Commercial President and head of Customer Development at Alibaba's DingTalk, is leaving to join Ant Group, with Ren Qing taking over his duties.
Source:
- aastocks.com
Aug 17, 2026, 06:08 UTC
Alibaba reported that its Qwen AI model has surpassed 3 billion downloads worldwide, a record for the company.
Source:
- bloomberg.com
Aug 17, 2026, 03:56 UTC
Alibaba's Qwen3.8-27B model topped the Hugging Face global large model trend chart on August 17, 2026, and its open-source downloads exceeded 1 million within two days of release.
Source:
Aug 17, 2026, 00:59 UTC
Alibaba's AI model Qwen surpassed 3 billion global downloads in the past six months, becoming the world's top AI model, according to a Hugging Face report.
Source:
Aug 15, 2026, 13:59 UTC
Tencent significantly increased computing power procurement, and Alibaba expanded global capacity of modular data centers.
Source:
- finance.sina.cn
Aug 15, 2026, 06:03 UTC
In Q2 2026, Duan Yongping's H&H International Investment fund increased its stake in PDD Holdings, re-bought Alibaba, reduced holdings in Apple, Nvidia, Google, and Microsoft, and liquidated positions in TSMC and CrowdStrike.
Source:
Aug 15, 2026, 03:50 UTC
Perseverance Asset Management International disclosed its Q2 2026 U.S. equity holdings, increasing stakes in TSMC, Micron, SanDisk, BOSS Zhipin, Trip.com, Yum China, and KE Holdings, newly adding Alibaba, while reducing Nvidia and exiting XPeng, NIO, and AMD.
Source:
- stock.jrj.com.cn
Aug 14, 2026, 20:12 UTC
Appaloosa reduced its minority stakes in Alibaba, Whirlpool, Qualcomm, AMD, and Micron during the second quarter.
Source:
- finance.sina.cn
- benzinga.com
Aug 14, 2026, 11:49 UTC
Africa's Business Heroes announced the 20 entrepreneurs advancing to its 2026 Semi-Final in Nairobi, Kenya, on 21-22 August.
Source:
- disruptafrica.com
Aug 14, 2026, 04:21 UTC
Apple has trained its own large language model for the China market, with support from Alibaba, according to sources.
Source:
Aug 14, 2026, 04:18 UTC
Trustar Capital is nearing a deal to acquire Alibaba Group's gaming business, Lingxi Games, after beating multiple bidders, with talks ongoing and no final decision made.
Source:
Aug 8, 2026, 09:01 UTC
Apple announced on its official website that Apple Intelligence can work with Alibaba's Qwen model.
Source:
Jul 11, 2026, 14:45 UTC
A US judge in the Northern District of California ordered the Department of Defence not to enforce a lobbying prohibition against Alibaba while the court considers Alibaba's constitutional challenge to the statute.
Source:
- thestar.com.my
Jul 9, 2026, 14:20 UTC
Alibaba won a US court case against the Pentagon, easing fears of delisting or punishment by Washington.
Source:
- beincrypto.com

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BABA

XPeng Robotics announced the completion of its first financing round of over $900 million, with a post-money valuation of over $6.3 billion (about 43 billion yuan), setting a record for single-round private equity financing in China's embodied intelligence industry.

Alibaba's subsidiary Shanghai Aslan Business Travel Service Co., Ltd. has fully established a new company, Zhejiang Alibaba Business Travel Technology Co., Ltd., with a registered capital of 10 million yuan, to provide business travel and agency services.

Michael Burry sold all his holdings in Alibaba and switched to JD.com, citing overvaluation.

Lazada unveiled its 'Global Full-Domain Ecosystem' for Chinese brands, including the 'One-Click Light Overseas' project, on August 20, 2026.

Chinese robotics startup Dexmal is seeking a valuation of around 20 billion yuan ($3 billion) in an ongoing funding round, demonstrating strong investor interest in the country's firms chasing a breakthrough in physical artificial intelligence.

Alibaba Cloud announced plans to increase the proportion of self-developed chips in its data centers, replacing commercially purchased chips, to improve competitiveness and gross margins.

Alibaba announced that its Zhenwu series chips have achieved large-scale commercial deployment.

A life insurance policy's residual cash value right was auctioned on Alibaba Asset platform, with 41 bids and a final price of 161,700 yuan, an over 80% premium over the starting price of 89,700 yuan.

Weibo released its Q2 2026 financial results on August 19, 2026, reporting total quarterly revenue of $453.8 million (about HK$3.585 billion), including advertising revenue of $381 million, and adjusted operating profit of $125.4 million with a 28% adjusted operating margin.

AI video platform Shengshu Technology, backed by Alibaba, is considering an IPO in Hong Kong next year, aiming to raise over $500 million, and is working with CICC and CITIC Securities.

A Forbes investigation reveals that American startups supplying datasets to OpenAI, Anthropic, and the U.S. military are also selling the same refined data to Chinese AI labs, including Tencent, Ant Group, Alibaba, and ByteDance, forming a $500 million annual data supply chain.

LimX Dynamics, a robotics company backed by Alibaba, confidentially filed for a Hong Kong IPO to raise up to $300 million.

Apple has trained a China-specific AI model in partnership with Alibaba Group, and plans to launch Apple Intelligence in China in the coming months after an iOS update.

Alipay, an affiliate of Alibaba Group, launched a new merchant platform, boosting Alibaba shares.

The Trump administration formally designated Alibaba and Baidu as Chinese military companies, banned the Defense Department from contracting with them, and placed Z.ai on a national security restricted-trade list.

Alibaba Group Holding Ltd. sold its gaming unit Lingxi Games for over $2 billion.

World Liberty Financial, backed by President Donald Trump, is collaborating with Hong Kong-based WorldClaw, which offers AI models from Chinese companies flagged by the U.S. administration, and accepts World Liberty's crypto tokens as payment.

Yang Meng, Global Commercial President and head of Customer Development at Alibaba's DingTalk, is leaving to join Ant Group, with Ren Qing taking over his duties.

Alibaba reported that its Qwen AI model has surpassed 3 billion downloads worldwide, a record for the company.

Alibaba's Qwen3.8-27B model topped the Hugging Face global large model trend chart on August 17, 2026, and its open-source downloads exceeded 1 million within two days of release.

Alibaba's AI model Qwen surpassed 3 billion global downloads in the past six months, becoming the world's top AI model, according to a Hugging Face report.

Tencent significantly increased computing power procurement, and Alibaba expanded global capacity of modular data centers.

In Q2 2026, Duan Yongping's H&H International Investment fund increased its stake in PDD Holdings, re-bought Alibaba, reduced holdings in Apple, Nvidia, Google, and Microsoft, and liquidated positions in TSMC and CrowdStrike.

Perseverance Asset Management International disclosed its Q2 2026 U.S. equity holdings, increasing stakes in TSMC, Micron, SanDisk, BOSS Zhipin, Trip.com, Yum China, and KE Holdings, newly adding Alibaba, while reducing Nvidia and exiting XPeng, NIO, and AMD.

Appaloosa reduced its minority stakes in Alibaba, Whirlpool, Qualcomm, AMD, and Micron during the second quarter.

Africa's Business Heroes announced the 20 entrepreneurs advancing to its 2026 Semi-Final in Nairobi, Kenya, on 21-22 August.

Apple has trained its own large language model for the China market, with support from Alibaba, according to sources.

Trustar Capital is nearing a deal to acquire Alibaba Group's gaming business, Lingxi Games, after beating multiple bidders, with talks ongoing and no final decision made.

Apple announced on its official website that Apple Intelligence can work with Alibaba's Qwen model.

A US judge in the Northern District of California ordered the Department of Defence not to enforce a lobbying prohibition against Alibaba while the court considers Alibaba's constitutional challenge to the statute.

Alibaba won a US court case against the Pentagon, easing fears of delisting or punishment by Washington.