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At the beginning of July, BABA's management team reached several operation consensuses during a core senior management meeting attended by multiple partners.
The management now requires each business to have a sense of operation, focus on strategy, and demonstrate determination. Businesses should also recognize their own strengths and weaknesses and further clarify the focus of their inputs.
Analysis suggests t...
The management now requires each business to have a sense of operation, focus on strategy, and demonstrate determination. Businesses should also recognize their own strengths and weaknesses and further clarify the focus of their inputs.
Analysis suggests t...
$TRIO IND ELEC(01710.HK$ 's wholly-owned subsidiary, Deltrix, and 1688.com, a B2B trading platform of Alibaba (BABA), officially entered into a regional cooperation agreement recently after successfully completing a high-level meeting, according to TRIO IND ELEC's announcement.
$ALIBABA GROUP HOLDING LTD(BABAF.US$ $Alibaba(BABA.US$ $BABA-SW(09988.HK$
$ALIBABA GROUP HOLDING LTD(BABAF.US$ $Alibaba(BABA.US$ $BABA-SW(09988.HK$
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China's cyberspace watchdog, the CAC, has forced major tech companies and AI startups, including $ByteDance(FT0001$ and $Alibaba(BABA.US$ , to participate in a mandatory government review of their AI models to ensure their systems "embody core socialist values," Financial Times reports.
$ALIBABA GROUP HOLDING LTD(BABAF.US$ $BABA-SW(09988.HK$
$ALIBABA GROUP HOLDING LTD(BABAF.US$ $BABA-SW(09988.HK$
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UBS forecasts BABA's revenue for 1Q FY2025 to grow 6% YoY to RMB248 billion, while adjusted EBITA is expected to fall 14% YoY to RMB39.3 billion.
UBS notes that BABA's business development is progressing well, with improving GMV growth.
The broker maintains a Buy rating and a target price of $103 on BABA's H-shares.
$BABA-SW(09988.HK$ $ALIBABA GROUP HOLDING LTD(BABAF.US$ $Alibaba(BABA.US$
UBS notes that BABA's business development is progressing well, with improving GMV growth.
The broker maintains a Buy rating and a target price of $103 on BABA's H-shares.
$BABA-SW(09988.HK$ $ALIBABA GROUP HOLDING LTD(BABAF.US$ $Alibaba(BABA.US$
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As part of a digital partnership with ATP, a technology company owned by TFI TAB Food Investments, Burger King China will also rebuild its cloud-native big data platform on Alibaba Cloud and collaborate with the foundation model team of Tongyi Qianwen to enhance marketing efficiency.
$ALIBABA GROUP HOLDING LTD(BABAF.US$ $Alibaba(BABA.US$ $BABA-SW(09988.HK$
$ALIBABA GROUP HOLDING LTD(BABAF.US$ $Alibaba(BABA.US$ $BABA-SW(09988.HK$
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BABA's "AutoNavi" will give away RMB50 million in ride-hailing subsidies to tourists visiting Hong Kong during the summer vacation. This initiative aims to enhance travel convenience in Hong Kong, a top tourist destination, during its peak season.
AutoNavi is partnering with quality taxi companies to offer "one-click ride-hailing" services on the app for both Mainland and Hong Kong users. The service supports mainst...
AutoNavi is partnering with quality taxi companies to offer "one-click ride-hailing" services on the app for both Mainland and Hong Kong users. The service supports mainst...
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Alibaba Cloud's EnergySmart will be installed at all 35 competition venues for the Paris 2024 Olympic Games, marking the first time power consumption and demand information will be migrated to a cloud platform. Using deep learning AI models, EnergySmart provides precise analysis, forecasts, and recommendations to optimize power demand and reduce wastage. The IOC can consolidate data for both Olympic and Paralympic Games into a single dashboard, offe...
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Ding Jian, President of Goofish, a second-hand trading platform of BABA, noted that changing consumption habits, especially among young people, have increased demand for idle items.
The platform's user base has rapidly expanded, reaching 162 million MAUs. During the 2024 Lunar New Year, average daily GMV exceeded RMB 1 billion. Goofish aims to surpass 200 million MAUs in 2024.
$ALIBABA GROUP HOLDING LTD(BABAF.US$ $Alibaba(BABA.US$ $BABA-SW(09988.HK$
The platform's user base has rapidly expanded, reaching 162 million MAUs. During the 2024 Lunar New Year, average daily GMV exceeded RMB 1 billion. Goofish aims to surpass 200 million MAUs in 2024.
$ALIBABA GROUP HOLDING LTD(BABAF.US$ $Alibaba(BABA.US$ $BABA-SW(09988.HK$
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Haitong International expects Alibaba's 2Q24 total revenue to be RMB249.7 billion, up 6% YoY, in line with market consensus.
Customer management revenue is expected to rise 3% YoY to RMB82.1 billion, while Alibaba International Digital Commerce Group (AIDC) will continue strong growth of 28.2% YoY at RMB28.4 billion in 2Q24.
The cloud business is on track to reach double-digit growth in 2HFY20...
Customer management revenue is expected to rise 3% YoY to RMB82.1 billion, while Alibaba International Digital Commerce Group (AIDC) will continue strong growth of 28.2% YoY at RMB28.4 billion in 2Q24.
The cloud business is on track to reach double-digit growth in 2HFY20...
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