Alibaba

Alibaba's planned stake sale should have transient impact on Xpeng shares, says Morgan Stanley

The direct impact of Alibaba's share sale on Xpeng shares should be transient and manageable, Morgan Stanley said. ...

Alibaba plans sale of 25 million Xpeng ADSs, to remain 2nd-largest shareholder

Xpeng said Alibaba's move was in execution of its capital management strategy and not due to a change in its view of the company. ...

Alibaba backtracks on autonomous driving R&D

Alibaba's DAMO Academy's autonomous driving lab will lay off about 70 percent of its staff, while others will be transferred to the e-commerce giant's logistics arm, according to l ...

Alibaba gets license for L4 self-driving truck road tests

Deqing in Zhejiang has become the first in China to issue a license allowing companies to conduct public road tests of L4 self-driving trucks without safety officers, with Alibaba ...

Nio-backed AR firm Nreal closes $60 million new funding round led by Alibaba

Nio announced the panoramic digital cockpit PanoCinema when it unveiled the ET5 sedan, and introduced the first AR device built jointly by it and Nreal. ...

Self-driving startup DeepRoute.ai closes $300 million in new funding led by Alibaba

DeepRoute.ai said it closed a $300 million Series B funding round led by Alibaba, making it the first such company in China that the e-commerce giant has invested in. ...

Alibaba invests in autonomous driving company DeepRoute.ai

Alibaba became the majority shareholder with a 19.68 percent stake, the information shows. ...

Alibaba increased its long position in Xpeng HK shares by about 15%

On July 7, Alibaba increased its long position in Xpeng Motors from 0% to 14.97%, according to a HKEx filing. ...

Alibaba says it's working on self-driving trucks

Chinese e-commerce giant Alibaba is working on self-driving trucks with its logistics subsidiary Cainiao, Cheng Li, the company's chief technology officer, said Thursday. ...

Alibaba, Xpeng's largest outside shareholder, holds 13.3% of stake

As of August 26, Alibaba owned 19% of Xpeng's Class A common stock, or 13.3% of Xpeng's outstanding common stock, according to Alibaba and Xpeng's filings with the US Securities an ...