Alibaba Group Holding Ltd is a leading multinational conglomerate specializing in e-commerce, retail, and technology
The company operates various online marketplaces that connect consumers and businesses, facilitating the sale of goods and services. Beyond e-commerce, Alibaba has diversified its offerings to include cloud computing, digital media, and entertainment, striving to empower businesses with innovative technology solutions. With a strong focus on integrating online and offline experiences, Alibaba continuously evolves its platform to meet consumer demands and optimize supply chain efficiency. The organization's mission is to make it easy to do business anywhere, leveraging its expansive reach to foster global commerce.
China's Manus AI, a viral autonomous agent developed by Tencent-backed startup The Butterfly Effect, is partnering with Alibaba's Qwen team to create a localized version as it gains global attention and draws comparisons to DeepSeek.
Alibaba.com, the global wholesale marketplace of Alibaba Group Holding (NYSEBABA), has set its sights on achieving total adoption of its artificial intelligence (AI) tools by all its sellers by the end of 2025.
Asian markets traded mostly higher on Thursday, following overnight gains on Wall Street after US President Donald Trump delayed tariffs on select automakers.
