Alibaba Group Holding Ltd is a leading multinational conglomerate specializing in e-commerce, retail, and technology. The company operates various online marketplaces that connect consumers and businesses, facilitating the sale of goods and services. Beyond e-commerce, Alibaba has diversified its offerings to include cloud computing, digital media, and entertainment, striving to empower businesses with innovative technology solutions. With a strong focus on integrating online and offline experiences, Alibaba continuously evolves its platform to meet consumer demands and optimize supply chain efficiency. The organization's mission is to make it easy to do business anywhere, leveraging its expansive reach to foster global commerce. Read More
Nvidia is developing new AI chips for Alibaba, ByteDance, and Tencent in response to U.S. export restrictions on its H20 chip, which could cost the company $5.5 billion.
In a strategic move, Alibaba Group Holding (NYSE: BABA) has advanced the rollout of its rapid-delivery service, Taobao Instant Commerce. This accelerates the rivalry with JD.com (NASDAQ: JD)and Meituan.
The world of e-commerce is evolving faster than ever, and fulfillment, the backbone of every successful online transaction, is undergoing a transformation of its own. As customer expectations rise and technology continues to advance, businesses must adapt or risk falling behind. Here are five key trends that are not just reshaping how orders are processed and delivered but are redefining the entire e-commerce experience.
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Alibaba launched a new rapid-delivery feature on its Taobao shopping platform on Wednesday to compete in China's fast-growing on-demand delivery market against rivals like JD.com and Meituan.
Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba” or “Alibaba Group”) today announced that it will report its unaudited financial results for the quarter and fiscal year ended March 31, 2025 before the U.S. market opens on Thursday, May 15, 2025, and will hold a conference call to discuss the financial results at 7:30 a.m. U.S. Eastern Time (7:30 p.m. Hong Kong Time) the same day.
Alibaba launched its most advanced AI model, Qwen 3, aiming to compete with DeepSeek's disruptive technology and Baidu's Ernie Turbo models amid rising competition in China's AI sector.
Ant Group's Wealthiness and Prosperity Holding will purchase 857.98 million shares of Bright Smart Securities, representing approximately 50.55% of the total issued shares, for HK$3.28 per share.
Argentina's lifting of currency controls has boosted investor confidence, as reflected in ARGT's 3.5% jump, outperforming leading indices like EEM and SPY.
Analysts from Goldman Sachs Group Inc. have warned that the U.S. tariffs on Chinese imports could put up to 16 million jobs in China at risk, particularly in the manufacturing sector.
Apple plans to import most iPhones for US sales from India by 2026, doubling its output to 80M units. Pandemic, tariffs, and tensions with China prompt pivot.
