NYSE - Nasdaq Real Time Price ? USD Alibaba Group Holding Limited (BABA) Follow Compare 81.18 -1.25 (-1.52%) At close: September 6 at 4:00 PM EDT 81.08 -0.10 (-0.12%) After hours: September 6 at 7:59 PM EDT All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Stock Funds Up 14.2% for Year After Snapback August The market pulled out a win for the month despite a rough patch. Also: A flashback to the 10th anniversary of the blockbuster Alibaba IPO. The Wall Street Journal ? yesterday AMZN -3.65% 2222.SR BABA -1.52% Hello, Jarvis? China's new AI app stirs dreams of Tony Stark's assistant becoming reality The latest artificial intelligence (AI) app announced in China appears to be raising the hopes of consumers for a future in which a version of Jarvis, the smart virtual assistant of Tony Stark in the Marvel Cinematic Universe, becomes commonplace in the world's second-largest economy. Ant Group, the fintech affiliate of Alibaba Group Holding, made its foray into Jarvis-like territory when it launched on Thursday the Zhixiaobao app - a so-called life assistant that can help users order meals, hai South China Morning Post ? yesterday BABA -1.52% Mastercard Partners Alibaba.com to Launch a New Credit Card MA joins Alibaba.com and Cardless to roll out the new Business Edge Credit card for offering rewards to small business owners in the form of cashback and other rewards. Zacks ? 2 days ago MA BABA -1.52% TT Alibaba, Mastercard to Issue Credit Card for Small Business (Bloomberg) -- Alibaba Group Holding Ltd. is planning to release a US credit card with the aim of encouraging small businesses to buy products on the Chinese company’s web marketplace.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisWorld's Second Tallest Tower Spurs Debate About Who Needs ItThe Plan for the World’s Most Ambitious Skyscraper RenovationUC Berkeley Gives Transfer Students a Purpose-Built Home on CampusRome May Start Charging Entry to the Trevi FountainHol Bloomberg ? 2 days ago BABA -1.52% MA China's Markets Still Manage To Get Nvidia AI Chips Via Smuggling: Report Nvidia Corp (NASDAQ:NVDA) artificial intelligence chips are still selling in Chinese markets at discounted rates of up to 60% after entering the country via smuggling and other channels. Smaller Chinese cloud providers are renting Nvidia AI servers at $6 an hour versus the $10 an hour charged by their U.S. counterparts despite the U.S. semiconductor sanctions, the Financial Times reports. It signals that Chinese tech giants remain heavily invested in their AI ambitions despite the export control Benzinga ? 2 days ago NVDA -4.09% BABA -1.52% Alibaba merchants hail adoption of Tencent's WeChat Pay on Taobao and Tmall Alibaba Group Holding's plan to finally accept Tencent Holding's WeChat Pay for purchases on its online marketplaces Taobao and Tmall is expected to help the e-commerce giant attract older consumers, as well as shoppers in lower-tier cities, according to merchants and analysts. Following Alibaba's announcement to incorporate WeChat Pay, known locally as Weixin Pay, as an additional payment method to its domestic shopping platforms, e-commerce unit Taobao and Tmall Group said the payment option w South China Morning Post ? 2 days ago BABA -1.52% TCEHY PDD Alibaba.com launches US credit card for small business owners on wholesale marketplace Alibaba owns the South China Morning Post. The move is part of broader efforts by the Hangzhou-based company to expand its international e-commerce footprint and bring in new users from overseas markets amid slow business growth at home. The Business Edge card, which carries a US$199 annual fee, is designed to help owners grow their small business and manage finances more easily, according to Alibaba.com. South China Morning Post ? 2 days ago BABA -1.52% Nvidia’s AI chips are cheaper to rent in China than US The cost of renting cloud services using Nvidia’s leading artificial intelligence chips is lower in China than in the US, a sign that the advanced... PREMIUM Financial Times ? 3 days ago NVDA -4.09% BABA -1.52% Alibaba looks beyond Chinese suppliers as additional tariff threat looms E-commerce platform Alibaba.com is increasingly looking to small and medium-size businesses outside of its home market to spur growth as the company navigates geopolitical headwinds and a slowing economy in China. Yahoo Finance ? 3 days ago MA BABA -1.52% BABAF How Alibaba is bringing AI to its shoppers Alibaba (BABA) is hosting it's second annual co-create event in Las Vegas, where the Chinese e-commerce giant is releasing new products to enhance operations in both the US and around the world. Alibaba.com president Kuo Zhang joins Yahoo Finance reporter Akiko Fujita to discuss Alibaba's plans and newest innovations. Zhang describes the current situation as "a perfect scenario" to assist individuals globally. He notes that the company launched AI capabilities for sellers on the platform last year, reaching over 30,000 customers. The new rollout, however, focuses on enhancing the buyer experience with AI capabilities. Regarding expansion in the US market, Zhang reveals plans to launch new financial services in partnership with Mastercard (MA). This collaboration aims to streamline transactions by offering users 3% cashback on online purchases through Alibaba and allowing hassle-free returns when using the card if received items don't meet consumer expectations. Zhang outlines three strategies the company will implement over the next three years. First, they plan to enhance AI usage on the platform to "lower the barrier for more buyers and suppliers to come in" and facilitate easier business interactions. Secondly, they aim to improve the B2B supply chain "to make sure the buyers and sellers can trust each other." Lastly, they intend to implement initiatives to help buyers easily cope with supply chain disruptions. With US presidential election campaigns underway, talks around Chinese tariffs have heightened. Zhang notes tariffs are only "one part" of global trade, noting that companies will have to account for these changes. Though he notes Alibaba will try to help sellers by diversifying suppliers globally. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith Yahoo Finance Video ? 3 days ago BABA -1.52% BABAF Alibaba Partners With Mastercard, Cardless to Launch Co-Branded Credit Card Alibaba Partners With Mastercard, Cardless to Launch Co-Branded Credit Card PREMIUM MT Newswires ? 3 days ago BABA -1.52% MA Alibaba.com and Mastercard Team up to Launch U.S. Co-Branded Business Credit Card Powered by Cardless Alibaba.com, a leading platform for global business-to-business (B2B) e-commerce and a business unit of Alibaba International Digital Commerce Group, announced a partnership with Mastercard and Cardless to offer a co-branded credit card designed to reward businesses for cross-border and domestic sourcing purchases through Alibaba.com. Created to meet the needs of small business owners, the Alibaba.com Business Edge Credit Card will be the company's first co-branded U.S. credit card. PR Newswire ? 3 days ago BABA -1.52% BABAF Alibaba.com Unveils Game-Changing AI Sourcing Agent, Helping SMEs Simplify Global Trade Alibaba.com, a leading platform for global business-to-business (B2B) e-commerce and a business unit of Alibaba International Digital Commerce Group, today announced its new artificial intelligence (AI)-powered sourcing agent, along with new financial and logistics solutions, at its second annual CoCreate conference, which kicks off in Las Vegas today. These solutions will help small and medium-sized enterprises (SMEs) increase sourcing efficiency and more easily navigate cross-border trade. PR Newswire ? 3 days ago BABA -1.52% BABAF Alibaba's E-Commerce Platforms Now Accept WeChat Payments, Aiming for Market Expansion in China Alibaba Group Holding’s (NYSE:BABA) Taobao and Tmall e-commerce platforms have started accepting payment from rival Tencent Holding’s (OTC:TCEHY) WeChat app in September, CNBC cites a familiar source. The move reflects Alibaba’s attempts to trigger growth in its China e-commerce business, which intense domestic competition and price wars have battered. Alibaba stock is down 13% in the last 12 months. Alibaba’s move has the potential to help it expand its market share in less developed parts of C Benzinga ? 3 days ago BABA -1.52% Alibaba International Wraps Up 2024 Global E-Commerce Challenge, Highlighting Youth Innovation Alibaba International Digital Commerce Group ("Alibaba International") today concluded its Global E-commerce Challenge (GEC) 2024 with a global finals event in Hangzhou, China, spotlighting exceptional young innovators worldwide. PR Newswire ? 4 days ago BABA -1.52% BABAF Alibaba's Taobao and Tmall Launch New Tech Venture, Eyeing Global Market Growth Alibaba Group Holding’s (NYSE:BABA) online retail platforms Taobao and Tmall Group (TTG) have formed a new “digital technology” company with a registered capital of 10 million yuan ($1.4 million). The new firm called “Hangzhou Taobao and Tmall Digital Technology Co” will focus on the import and export of goods; sales of food, daily groceries, outdoor products, and household appliances; and technology-related services such as software development and tech transfer, SCMP cites Chinese business reg Benzinga ? 4 days ago BABA -1.52% Temu’s Parent, a Victim of Competition or Its Own Success? PDD suddenly lost a third of its value following a cautious outlook. Its founder had briefly become China’s richest man. The Wall Street Journal ? 4 days ago PDD BABA -1.52% BABAF Alibaba to Offer Payment Services From Rival Tencent China’s Alibaba will offer payment services from rival Tencent on its biggest online marketplaces, a milestone toward breaking down the walls dividing Chinese internet giants. The Wall Street Journal ? 4 days ago BABA -1.52% BABAF TCEHY Alibaba sets up new 'digital technology' firm under e-commerce unit Taobao and Tmall Group Alibaba Group Holding has set up a new "digital technology" company under its main e-commerce unit, Taobao and Tmall Group (TTG), with a registered capital base of 10 million yuan (US$1.4 million), according to Chinese business registry platform Tianyancha. Established on August 23, the new firm called "Hangzhou Taobao and Tmall Digital Technology Co" will be involved in a wide range of businesses, including: import and export of goods; sales of food, daily groceries, outdoor products and househ South China Morning Post ? 4 days ago BABA -1.52% SSTK Alibaba to allow Tencent's WeChat Pay for Taobao and Tmall purchases in landmark deal Alibaba Group Holding has announced that China's largest online marketplaces, Taobao and Tmall, will soon accept Tencent Holdings' WeChat Pay for all purchases in a landmark cooperation deal that had long separated the ecosystems of the country's biggest technology firms. Alibaba's Taobao and Tmall have issued notices on their platforms on Wednesday to solicit feedback from merchants about accepting WeChat Pay, known as Weixin Pay in China, as an additional payment method, paving the way for Chi South China Morning Post ? 4 days ago BABA -1.52% TCEHY Performance Overview Trailing total returns as of 9/9/2024, which may include dividends or other distributions. Benchmark is HANG SENG INDEX Return BABA HANG SENG INDEX YTD +7.01% +0.24% 1-Year -6.65% -6.12% 3-Year -50.76% -35.08%
