Alibaba Group
Chinese multinational technology company
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| July 2025 | AQ healthcare app reached 100 million users following public testing |
| June 2025 | Launched AI healthcare app AQ, aiming to connect users with 5,000 hospitals and 1 million doctors |
| June 2025 | Published 2024 Sustainability Report, highlighting record R&D investment of RMB 23.45 billion, a 10.7% year-on-year increase |
| April 2025 | Agreed to purchase a $362 million controlling stake in Bright Smart Securities & Commodities Group, marking its first acquisition of a securities brokerage license. |
| April 2025 | Alibaba Cloud released Wan 2.1-FLF2V-14B Artificial Intelligence Video Generation Model under Apache license. |
| April 2025 | Alipay Ant Forest announced the planting of its 600 millionth tree as part of its green initiative. |
| March 2025 | Released Ling-Plus and Ling-Lite large language models for industrial AI solutions |
| 2025 | Scheduled production of 'Creation of the Gods II: Demon Force', indicating continued investment in film production. |
| January 2025 | Ant Group acquires Haodf.com to explore AI in healthcare. |
| January 2025 | Acquired Haodf.com to explore AI in healthcare |
| 2024 | Ant Insurance used AI to process 7.25 million health claims, a 55% year-on-year increase. |
| 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 | Announced leadership change: Cyril Han to become CEO effective March 1, 2025, with Eric Jing remaining as Chairman |
| 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. |
| September 2024 | Unveiled flagship AI products at INCLUSION·Conference, including Zhixiaobao AI life assistant and three other AI-driven platforms |
| June 2024 | Introduced Alipay Tap!, a QR code-based contactless payment solution |
| March 2024 | Restructured operations, establishing independent business units including Ant International, OceanBase, and Ant Digital Technologies |
| 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 | Ant Group's insurance platform, Ant Insurance, recorded a 23% year-on-year increase in payouts from partner insurers. |
| 2023 | Ant Group invested 21.19 billion yuan in technology research and development, focusing on AI technology for services like 'smart healthcare manager' and 'smart financial manager'. The company also launched Golden Choice Investment Consultants and its insurance platform recorded a 23% year-on-year increase in payouts. |
| 2023 | Reported a record high investment of 21.19 billion yuan in technology research and development, focusing on AI technology. |
| 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. |
| November 2023 | Received Chinese government approval to roll out products powered by its large language model Bailing |
| 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.
Ukraine: Govt. designates Alibaba Group as intl. war sponsor for continuing business in Russia & selling copper goods exported from occupied Ukrainian territories - Business & Human Rights Resource Centre
www.business-humanrights.org
Ukraine calls AliExpress owner an international war sponsor
www.ukrainianworldcongress.org
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| July 2023 | Fined 7.12 billion RMB ($985 million) by Chinese regulators for non-compliance with regulations in payments and financial services. |
| 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. |
| January 2023 | Made major changes to ownership structure and corporate governance, with founder Jack Ma's voting rights reduced from 50% to 6%. |
| 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. |
| November 2022 | Reuters reported that the People's Bank of China was preparing to fine Ant Group around US$1 billion. |
| 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 | Chinese authorities gave a tentative green light to revive Ant Group's initial public offering plans in Shanghai and Hong Kong. |
| 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. |
| April 2022 | Acquired Singapore-based payments firm 2C2P to further digital payment adoption. |
| March 31 2022 | Alibaba continues to expand, reporting $134 billion in revenue, with 254,000 employees. |
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