Alibaba Group
Chinese multinational technology company
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| April 2025 | Alibaba Cloud released Wan 2.1-FLF2V-14B Artificial Intelligence Video Generation Model under Apache license. |
| 2025 | Scheduled production of 'Creation of the Gods II: Demon Force', indicating continued investment in film production. |
| 2024 | Planned production of multiple films including 'I Did It My Way', 'YOLO', 'Successor', 'The Last Dance', and continuing international distribution with 'Maharaja'. |
| 2024 | Joseph Tsai announced as new chairman and Eddie Wu as CEO, aimed at reviving company growth in the post-crackdown era. |
| December 2024 | Alibaba announced its decision to sell Intime Department Store to Youngor Group, marking another strategic restructuring of its business portfolio. |
| November 2024 | Alibaba unveiled QwQ-32B-Preview, a 32.5 billion parameter AI reasoning model developed by the Qwen team. The model can process up to 32,000-word prompts and features a self-fact-checking mechanism, challenging OpenAI's o1 series with superior performance on AIME and MATH benchmarks. |
| March 2024 | Alibaba Group announced a HK$5 billion (USD 640 million) investment over five years to boost Hong Kong's entertainment industry, with Alibaba Pictures establishing its second headquarters in Hong Kong. |
| March 31 2024 | Alibaba significantly expands its workforce to 540,000 employees, with revenue reaching $130 billion, solidifying its position as a key national corporation for China. |
| 2023 | Continued diverse production and distribution strategy, producing films like 'Journey to the West', 'Ride On', 'Chang'an', and distributing international content such as 'Taylor Swift: The Eras Tour' in China. |
| 2023 | Ranked as the fifth largest private equity firm in Asia by Private Equity International, based on total fundraising over the most recent five-year period. |
| September 2023 | Cainiao Smart Logistics Network Ltd., Alibaba's logistics arm, filed for a Hong Kong initial public offering (IPO), potentially becoming the first of Alibaba's business units to go public under the new restructuring plan. |
| September 2023 | Florida governor Ron DeSantis announced ending voucher programs for four private schools owned by Spring Education Group, citing alleged ties to the Chinese Communist Party through Primavera Capital Group and CEO Fred Hu. |
| August 2023 | Ukraine's National Agency on Corruption Prevention designated Alibaba an 'international sponsor of war' for platform activities related to goods from occupied territories. |
| July 2023 | Ant Group's valuation dropped by around $237 billion compared to its planned 2020 IPO price, with a share repurchase option valued at $78.54 billion. |
| July 7 2023 | Ant Group was fined ¥7.123 billion ($985 million) by the People's Bank of China for non-compliance with regulations in payments and financial services, including violations in corporate governance, payment and settlement business, consumer protection, and anti-money laundering obligations. |
| May 2023 | Gained attention following the acquisition of The Princeton Review and Tutor.com. |
| April 2023 | Alibaba revealed plans to release Tongyi Qianwen, a ChatGPT-like chatbot supporting English and Chinese. The AI will be integrated into DingTalk and Tmall Genie, with capabilities including drafting emails, creating business proposals, and converting meeting dialogues into written notes. |
| March 2023 | Digital Media and Entertainment Group was restructured, with Fan Luyuan appointed as CEO. |
| March 2023 | Alibaba announced a major 'restructuring plan' called '1+6+N', which reorganized the company into six independent business entities with separate CEOs, boards of directors, and fundraising capabilities. The restructuring included Cloud Intelligence Group, Taobao and Tmall Group, Cainiao Smart Logistics Network, Local Services group, Alibaba International Digital Commerce, and Digital Media and Entertainment group. |
| March 2023 | Jack Ma made a public appearance in Hangzhou, China, meeting with students and teachers at the Alibaba partners-funded Yungu School. |
| March 31 2023 | The company experiences a slight revenue adjustment to $126 billion, with a workforce of 235,000 employees. |
| 2022 | Expanded production slate with multiple films including 'The Battle at Lake Changjin II', 'Return to Dust', 'Moon Man', and 'Ordinary Hero'. |
| 2022 | Primavera launched its private credit strategy with its debut private credit fund raising $300 million. |
| December 2022 | A state-owned enterprise took a 1 percent golden share investment in two Alibaba subsidiaries controlling Youku and UCWeb. |
| December 2022 | Lanvin Group merged with Primavera Capital Acquisition Corporation to become a listed company on the NYSE, raising $150 million. |
| September 2022 | Alibaba Cloud announced a significant strategic investment of $1 billion to enhance and upgrade its global partner ecosystem, demonstrating commitment to expanding its international cloud computing partnerships and infrastructure. |
| July 2022 | SEC added Alibaba to a list of companies facing potential delisting from U.S. stock exchanges if auditors cannot examine its books before 2024. |
| March 31 2022 | Alibaba continues to expand, reporting $134 billion in revenue, with 254,000 employees. |
| January 2022 | Primavera acquired The Princeton Review and its subsidiary Tutor.com from ST Unitas. |
| 2021 | Produced significant films including 'Chinese Doctors', 'The Battle at Lake Changjin', and 'Embrace Again', demonstrating strong domestic production capabilities. |
| December 22 2021 | The Chinese Ministry of Industry and Information Technology suspended its partnership with Alibaba Cloud due to the company's failure to report the Log4Shell cybersecurity vulnerability in a timely manner. |
| November 24 2021 | Chen Zhaojun from Alibaba Cloud's Security Team disclosed the Log4Shell cybersecurity vulnerability to Apache. |
| November 11 2021 | Alibaba reported a record 540.3 billion yuan in orders during its 11-day Singles' Day sales, a 14 percent increase from the previous year. |
| October 2021 | Alibaba Cloud unveiled the ARM-based Yitian 710 chip, a significant in-house developed technology designed for use in its data centers. |
| August 7 2021 | Alibaba fired a manager who admitted to 'indecent acts' with an inebriated employee, highlighting workplace sexual harassment issues. |
| June 2021 | Alibaba Cloud opened its first data center in the Philippines, further extending its regional presence in Southeast Asia. |
| April 9 2021 | SAMR issued a $2.8 billion fine against Alibaba for anti-competitive practices, amounting to 12% of its 2020 net profit. |
| March 31 2021 | The company reaches a major milestone with $109 billion in revenue and dramatically increases its workforce to 251,000 employees. |
| February 2021 | Alibaba sold $5 billion in bonds, issuing four sets priced between 2.143% and 3.251%, including sustainability notes. |
| January 2021 | Jack Ma made a brief 50-second video appearance at the Rural Teacher Initiative, causing Alibaba stock to jump more than 7%. |
| January 2021 | Primavera held an initial public offering (IPO) of a SPAC, Primavera Capital Acquisition Corporation on the New York Stock Exchange (NYSE), raising $360 Million. |
| 2020 | Continued production activities with 'The Eight Hundred', maintaining momentum in the Chinese film market. |
| 2020 | Alibaba was rated as the fifth-largest artificial intelligence company globally. |
| December 2020 | The New York Times reported that Alibaba developed facial recognition software capable of detecting Uyghur faces, which Alibaba claimed was only a test and not deployed by any customer. |
| December 2020 | China's State Administration for Market Regulation (SAMR) opened an antitrust investigation into Alibaba over monopolistic practices, causing the company to lose nearly all of its 2020 stock-market gains from $859 billion to $586 billion. |
| November 10 2020 | Chinese government released an unexpected draft giving regulatory authorities wider latitude to regulate tech enterprises. |
| October 2020 | Alibaba agreed to pay US$3.6 billion to take control of Sun Art, China's biggest hypermarket operator, increasing its stake to 72%. |
| August 2020 | Ant Financial, a subsidiary of Alibaba, launched an IPO program valued at US$200 billion. |
| March 31 2020 | Alibaba reports $71.9 billion in revenue, with 117,000 employees, demonstrating continued growth during the global pandemic. |
| 2019 | Alibaba Pictures partnered with STX to bring 'Peppa Celebrates Chinese New Year' to American theaters. |
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