The top two players each held roughly 25 per cent of the 2024 market, followed by Tencent and Huawei, IDC says.

Alibaba stock gained over 43% year-to-date compared to Baidu’s 7% returns. According to third-party agency data, Alibaba’s ...

Meanwhile, Alibaba stock has an IBD Composite Rating of 95 out of a best-possible 99, according to IBD Stock Checkup. The ...

Alibaba faces significant headwinds, but its pivot to high-margin AI services and its depressed valuation present a ...

Tencent's WeChat Pay holds a near-duopoly in China's digital payments market along with AliPay, which is owned by Alibaba's fintech affiliate Ant Group. Tencent and Alibaba also each operate their ...

It will be important to note the growth and margin trajectory of Alibaba and Tencent in the next few quarters. Currently, Alibaba has a market leadership position in this segment within China.

China’s market regulator has fined Tencent, Alibaba and other tech giants for failing to properly report 22 past merger deals, sending tech shares tumbling Thursday. The country’s State ...

The source of the market’s tech troubles stem from a new wave of fines slapped on China’s burgeoning tech sector. Notably, Chinese giants Alibaba and Tencent faced multiple fines for failure ...

Alibaba Group (BABA -0.62%) and Tencent (TCEHY 0.60%) are two of China's top tech companies. Alibaba is China's largest e-commerce and cloud services company, while Tencent is a market leader in ...

Ant Group was set to be the largest IPO in global history and is 30% owned by Alibaba Group. Alibaba shares are down 2% to $288.43 on Thursday. Tencent's OTC shares were up 2.2% at $80.49.

China’s market regulator has fined Tencent, Alibaba and other tech giants for failing to properly report 22 past merger deals, sending tech shares tumbling Thursday. The country’s State ...