BEIJING (Reuters) - Alibaba's cloud unit said on Tuesday it was cutting prices by up to 85% on its large language models.

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Alibaba Group on Tuesday said it would sell its department store arm, Intime, to textiles and clothing enterprise Youngor Fashion for gross proceeds of 7.4 billion yuan ($1.02 billion).

86Research’s Wang says growth momentum for Alibaba should pick up next year as macro-conditions improve, with its cloud computing arm back to double-digit growth first.

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By Casey Hall, Roushni Nair and Rishav Chatterjee (Reuters) -Alibaba Group said on Tuesday it would sell its Chinese department store unit Intime and book a $1.3 billion loss from the deal, as the ...