Alibaba Group

Apple Intelligence could be coming soon to China as Alibaba releases new Qwen3 AI models

Alibaba said the Qwen3 models have been optimised for Apple’s MLX framework, allowing them to run efficiently across a range of Apple devices — from iPhones and iPads to high-performance Macs

World Street | Bluesky's flight, China's weak PMI data, EV maker BYD's shopping and more

From China's weak PMI data to electric vehicle manufacturer BYD's latest purchase, here’s a look at recent business developments around the world.

Antfin sells $570 million stake in Zomato, reducing holdings to 2.2%

This marks Antfin's second significant sale of Zomato shares this year, following a 2.1% stake sale in March. The move comes amid heightened scrutiny of Chinese investments in India due to ongoing border tensions between Beijing and New Delhi.

Zomato sees Rs 5,438.50 crore block deal as Antfin Singapore likely sells stake

As per Zomato's latest shareholding data, Antfin Singapore Holding owned a 4.3 percent stake in the food delivery platform. The stake sale also triggers a 90-day lock-in period before Antfin can execute another round of equity dilution.

China's Alibaba beats quarterly revenue estimates, profit drops

Its U.S.-listed shares, however, fell about 3% in premarket trading, as profit fell about 86% in the fourth quarter

World Street | Jack Ma lauds Alibaba overhaul, DoJ probes Nippon Steel-US Steel deal, Meta's new-gen AI chip, US bond yields spike and more

From Jack Ma's message to Alibaba Employees, DoJ probe in Nippon Steel-US Steel deal, US Treasury yields, crude spike to Meta's AI plans — here's a look at recent business developments around the world

Antfin transfers 10.3% stake to Paytm chief Vijay Shekhar Sharma

The Antfin transaction took place at a price of around Rs 795 per share, which is around one-third of Paytm’s IPO listing price of Rs 2,150 apiece.