#Alibaba

Alibaba

Alibaba’s e-commerce arm to hire 2,000 graduates

Taotian Group is recruiting the graduates for a range of roles including design, product and data

Alibaba

Alibaba names new chairman, CEO in surprise succession plan

Executive vice chairman Joseph Tsai will rise to chairman while e-commerce executive Eddie Yong will replace Daniel Zhang as chief executive officer

Alibaba

Alibaba to build ChatGPT-like AI into meeting, messaging apps

The large language model developed by Alibaba Cloud, dubbed Tongyi Qianwen, is now powering interactions with a new version of the assistant, Tongyi Tingwu

Alibaba

Alibaba, PIF-backed fund to raise $1bn for tech deals

The fund has already invested in 16 companies and plans to list three of them on the Saudi stock exchange and two in the US next year

Daraz

Alibaba’s Daraz fires 11% of staff as layoffs rock startups

The Pakistani company, which Alibaba acquired in 2018, has quintupled active shoppers to more than 15 million over the past five years

Alibaba

Alibaba plans logistics hub at Istanbul airport, data centre near Ankara

Expanding commerce and cloud-based units are expected to lift the company’s revenue

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How technology will inevitably play an important role in Saudi Arabia

The kingdom recently announced over $6.4bn of investments in future technologies and entrepreneurship at LEAP, the largest tech event in Saudi Arabia

Chinese tech giants may soon be expelled from the US stock market

A proposed new law will require companies listed on American stock exchanges to demonstrate that they are not owned or controlled by a foreign government