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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. ...
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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.
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 ...
Alibaba reshuffles commerce business, faces market share losses in China, AI growth opportunity yet to boost cloud performance.
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, ...
Alibaba (BABA) unveiled a new generative AI-driven sourcing agent designed to streamline global trade at its second annual Co-Create event in Las Vegas on Thursday. Additionally, the Chinese e ...
Alibaba shares jumped on Thursday after the Chinese titan posted a sharp profit hike in the December quarter amid strength in its Cloud Intelligence unit and e-commerce segment. Alibaba said net ...
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