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E-mart, Alibaba Plan Online-Shopping Joint Venture
Express News | South Korea's Shinsegae to Set up Joint Venture With Alibaba International -Yonhap
Alibaba And E-Mart Near US$4 Billion Merger Deal In South Korea
On December 23, Alibaba spent 32.2613 million USD to repurchase 3.0653 million shares.
Alibaba-W (09988) announced that on December 23, 2024, it will spend 32.2613 million USD to repurchase 3.0653 million shares, with a repurchase price of 10.35-10.62 USD per share.
Research and development investments are close to the combined sum of BAT! Does ByteDance want to become China's OpenAI?
Zheshang stated that ByteDance has made huge investments in AI, with capital expenditures reaching 80 billion yuan in 2024, approaching the total of Baidu, Alibaba, and Tencent (about 100 billion yuan). Research and development investments significantly lead their peers; analogously, just as Microsoft is strongly investing in OpenAI, ByteDance in China may be comparable to OpenAI in the USA.
Alibaba Group Holding Ltd. ADR Rises Tuesday, Still Underperforms Market
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