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The Spectator

Tag : revenue

Technology

China digital industry revenue and profit rise in first half

thespectator.co.in
China’s digital industry posted 20.71 trillion yuan in revenue during the first half of 2026. Revenue rose 13.6% from the same period last year. Total profit climbed 19.3% to 1.79 trillion yuan. The Ministry of...
Business

Alibaba raises HK$80 billion for AI and cloud growth

thespectator.co.in
Alibaba Group has priced a HK$80 billion share placement as it increases spending on artificial intelligence and cloud infrastructure. The Chinese technology company will issue 710 million new ordinary shares at HK$112.70 each. The offering...