Alibaba-backed Xreal, rival to Apple’s Vision Pro, claims it’s now an AR glasses unicorn
BEIJING — Alibaba-backed augmented reality glasses company Xreal said Monday it received $60 million in new funding, giving the company…
Alibaba was once a Wall Street darling. After plunging 75% over three years, what’s next?
BEIJING — It’s been a tumultuous 12 months for Alibaba, casting doubt on the future of the tech giant just…
AI boom fails to propel China’s cloud market growth
BEIJING — Excitement over artificial intelligence isn’t yet fueling a boom in cloud services spending in mainland China. “The Chinese…
Alibaba CEO Eddie Wu to lead Taobao and Tmall e-commerce business in latest reshuffle
BEIJING — Alibaba Group CEO Eddie Wu is taking over the top role at the company’s Taobao and Tmall e-commerce…
U.S. pension funds heavily invested in China complicate Washington’s crackdown, new analysis finds
U.S. proposals to clamp down on investments in China may be being undermined by continued funding from some of America’s…
