Alibaba

Alibaba-Backed AI Video Startup PixVerse Considers HK IPO in 2024
PixVerse, an AI video startup backed by Alibaba, is exploring a Hong Kong IPO this year to boost its growth and attract investment.
schedule 1 min read

Chinese Regulators Fine Food Delivery Giants Over Merchant Vetting Failures
Alibaba, PDD Holdings, and Meituan faced penalties for failing to filter unqualified merchants on their platforms. This action reinforces consumer protection in China's digital market.
schedule 2 min read