LiveOpenAI Raises $11 Billion So Far at a $1.25 Trillion Valuation, Short of Its $30 Billion Goal
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    Alibaba

    Alibaba is a Chinese multinational technology company that specializes in e-commerce, retail, internet and technology. It was founded on 28 June 1999 in Hangzhou, Zhejiang. Its businesses include online marketplaces, cloud computing, logistics and digital media.

    alibabagroup.com/en-US
    Chief Executive Officer
    Eddie Yongming Wu

    Leadership

    Eddie Yongming Wu, Chief Executive Officer. Eddie Yongming Wu is the Chief Executive Officer and a director of Alibaba Group.

    Key facts

    Founded
    28 June 1999, in Hangzhou, Zhejiangsource
    Headquarters
    Yuhang District, Hangzhou, Zhejiang, China and George Town, Cayman Islandssource
    Revenue
    US$148.40 billion (2026)source
    Employees
    124,320 (FY2025)source
    IPO
    Raised US$25 billion in its New York Stock Exchange IPO on 19 September 2014source

    WYDE coverage of Alibaba

    WYDE Newsroom has published 6 articles about Alibaba, from Jul 2, 2026 to Sep 11, 2026. Alibaba is the subject of 5 stories and an investor in 1 story. The most recent is XPeng's Robotics Unit Raises Over $900 Million at a $6.3 Billion Valuation Ahead of Humanoid Production.

    AI

    XPeng's Robotics Unit Raises Over $900 Million at a $6.3 Billion Valuation Ahead of Humanoid Production

    IDG Capital led the first outside round for XPeng's robotics business, with Gaorong Ventures and strategic backing from Tencent and Alibaba. The company calls it the largest single private financing in China's embodied AI industry and expects its IRON humanoid in mass production by the end of 2026.

    Sep 11, 2026 · 2 min read · Investor

    Crypto & DeFi

    Trump-Backed World Liberty Financial Is Working With a Hong Kong AI Platform Selling Restricted Chinese Models

    Reuters found 43 of the 90 models on WorldClaw come from Chinese firms the administration has designated as military-aligned or restricted, and users pay with World Liberty's USD1 stablecoin, days after the OCC granted the company a conditional trust bank charter.

    Aug 18, 2026 · 2 min read · Subject of the story

    AI

    China's AI Companion Law Takes Effect, Shutting Down Doubao and Qwen Agents for Millions

    China's Interim Measures for anthropomorphic AI services took effect July 15, forcing ByteDance's Doubao and Alibaba's Qwen to shut down AI companion agents used by hundreds of millions

    Jul 15, 2026 · 3 min read · Subject of the story

    WYDE Weekly

    Swift's banking network turned on its blockchain, Circle became a bank, and an XRP windfall gave away $154 million. Over 60,000 meals.

    WYDE Weekly: Swift's live ledger with 17 banks, Circle and Sony's OCC charters, the $1.4 trillion Meta demand, a revived 45 million hunger warning, and Rippleworks' record $154 million grant year.

    Jul 12, 2026 · 7 min read · Subject of the story

    WYDE Weekly

    The rails went public, Wall Street rang the NYSE bell, and Swift and Kelce sent $26M to food banks. 60,000 meals.

    WYDE Weekly: Securitize's NYSE debut, Open USD's 140 firms, a $400M Ponzi plea, a 53-million-egg food-bank settlement, and Taylor Swift and Travis Kelce's $26 million.

    Jul 3, 2026 · 7 min read · Subject of the story

    Healthcare

    Alibaba and Alipay US to Pay $600 Million Over Illegal Pharmaceutical Sales

    The Justice Department's non-prosecution agreement covers roughly 80,000 illegal product sales into the US through Alibaba.com and AliExpress, the largest monetary settlement in the District of Rhode Island's history.

    Jul 2, 2026 · 2 min read · Subject of the story

    Reported alongside Alibaba

    Sources

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