Alibaba looks to shore up growth for its core e-commerce business.
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Posted inTurf Wars
Baidu restructures to focus on AI and cloud computing
The newly-formed department will be considered the cradle of “new growth engines.”
Posted inHeavy Hitters
Alibaba restructures to focus on cloud computing and new retail
Alibaba restructures business structure two months after Tencent.
Posted inHeavy Hitters
Alibaba reshuffles executives in fintech, travel, retail units
The Alibaba restructuring involved fintech affiliate Ant Financial, online travel platform Fliggy, retail, and entertainment units.
Posted inHeavy Hitters
Alibaba looks to Beijing’s OTC market for emerging retail opportunities
The two recently invested companies are listed on Beijing’s NEEQ, home to many emerging internet and tech stocks.
Posted inHeavy Hitters
Alibaba accuses Meituan CEO of libel for questioning founder’s integrity
Meituan has battled with Alibaba in its core food delivery business for years, following their short-lived friendship.
Posted inHeavy Hitters
Alibaba’s stock hits 52-week low amid trade war
Alibaba’s stock has dropped 30% from a record high just a few months ago.
Posted inTurf Wars
Luckin says Alibaba deal doesn’t make Starbucks new retail
Guo Jinyi, co-founder and senior vice president at Luckin, responded to the Alibaba-Starbucks deal by saying that traditional retail, even with the increased takeaway and mobile payments, is not necessarily new retail since the fundamental business model had not changed.
