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Alibaba Group is readying a $7 billion boost for its delivery and shopping platforms amid stiff competition in China. The tech giant said Wednesday that it will offer 50 billion yuan, or about $6. ...
Alibaba Group introduces new AI-powered tool to enhance global B2B e-commerce, while US exempts ASML from tech embargo on China. BABA shares up 0.94%.
Wang Jian, the founder of Alibaba's powerful cloud computing unit, gave an extended interview to Bloomberg that was posted on ...
Alibaba Group announced a major restructuring of its e-commerce business on Thursday, consolidating its domestic and international operations into a single e-commerce division. CEO Eddie Wu, in an ...
OpenAI’s ChatGPT started a revolution in artificial intelligence development and investment. Yet nine-tenths of the technology and services that’ve sprung up since could be gone in under a decade, ...
Chinese tech giant Alibaba Group is seeking to raise around HK$12 billion ($1.53 billion) through exchangeable bonds to boost investments in its cloud infrastructure and global commerce operations, ...
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Alibaba’s Sluggish Growth in China Commerce Drags Down Results - MSNAlibaba’s shares fell as much as 3.7% in New York trading. The company is reporting hours after the latest Chinese economic data showed encouraging signs for the world’s second largest economy.
Helped by investments to expand its global presence and growing demand around the world for lower-priced goods from China, revenue at Alibaba's international e-commerce unit rose 32% to 29.3 ...
Alibaba reshuffles commerce business, faces market share losses in China, AI growth opportunity yet to boost cloud performance.
Anusuya Lahiri July 31, 2024 at 3:25 PM Copied Alibaba To Boost B2B E-Commerce With New AI Sourcing Engine Launch in September ...
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