Alibaba Dropped The AI-Powered English Version Of Taobao In This Country, App Quickly Soars To The Top Of The Charts In No Time
Technology stocks led the S&P to four consecutive gains, Oracle reached a new high after hours, the US dollar and US bonds fell, gold hit a new high, and commodities rose.
In August, the PPI in the United States showed a cooling down of inflation, and the market slightly raised its bets on the Fed's aggressive interest rate cuts. US stocks rose together, with Nvidia up nearly 2%, while NIO Inc and XPeng fell more than 5%. The European Central Bank cut interest rates for the second time this year, but maintained a restrictive policy. European bonds fell, and the euro rebounded from its four-week low. Commodities rose across the board, with US oil briefly rising by 3.7%, gold reaching a new high with a nearly 2% increase, palladium rising by over 4%, and copper experiencing its largest two-month increase.
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Increasing customer volume? Taobao gradually opens WeChat Pay today. Currently, some merchants have already started using it.
Starting from today, all Taobao and Tmall merchants will gradually open WeChat Pay. Currently, merchants are being invited in batches. Some merchants can see the invitation to open in Qianniu, and once they agree, they can immediately start using it.
Meituan has started to take the initiative.
From defense to attack.
Tencent Games Cloud "Monster Fighting Level Up"
All new upgraded full-lifecycle solutions.
Tencent Cloud sounds the horn for software going global.
Exhibition of the panoramic view of the first overseas debut.
Tencent Cloud overcomes the mountain.
The winox moment is getting closer.
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Is there also a consumption upgrade in Sino-African trade? Energy-saving products and cross-border e-commerce show an increase in volume.
①African countries are shifting their demand for Chinese commodities from daily necessities, clothing to lithium batteries, photovoltaic products, digital home appliances, and even new energy vehicles. ②In recent years, more and more cross-border platforms and merchants have begun to play a constructive role in Sino-African trade.
JPMorgan and Goldman Sachs are bullish on Alibaba: introducing WeChat to expand users, PDD's new strategy has limited impact on monetization.
JPMorgan believes that Alibaba's new investment strategy has achieved preliminary success, with its domestic e-commerce commodity trade volume (GMV) growth rate consistent with the industry growth rate. If this trend continues in the coming quarters, it may become the largest consumer stock in China. Goldman Sachs also stated that the introduction of WeChat Pay on Taobao is beneficial for developing the lower-tier markets and promoting further cooperation between Alibaba and Tencent.
Goldman Sachs is optimistic about Tencent: one of the most promising Chinese internet giants, and has confidence in its management.
Goldman Sachs stated that Tencent remains one of the most visible and sustainable profitable companies among the Chinese internet giants, and they have confidence in Tencent's clear strategies in various business lines, maintaining a buy rating.
US stocks closed with mixed performance for the three major indexes. Tesla rose more than 9% over the past two days, while NIO soared 14% after its performance announcement.
Before the non-farm data, there is new evidence of the cooling of the US job market, and economic concerns support a substantial rate cut bet. The yield curve of the 2-year/10-year US Treasury bonds, which briefly inverted for the third time in two years. The S&P 500 fell for the third consecutive day, with Broadcom falling more than 4% after hours, Tesla rising nearly 5%, and Nvidia and Chinese concept stocks rising nearly 1%. The yen reached a one-month high, and the offshore renminbi rose by 300 points to break 7.09 yuan. Gold rose briefly by 1%, and oil prices rose more than 2% before falling. US oil fell below $70 for the first time in 15 months over two days.
Taobao and Tencent join forces to 'break down walls'.
Finally, Taobao now supports WeChat Pay.
Taobao has fully integrated WeChat Pay!
After 11 years of blocking each other, WeChat and Taobao have achieved substantial "interconnection". Analysis believes that for Taobao, this cooperation is beneficial for further expanding the market, and for Tencent, it will directly bring in new revenue.
New progress! Taobao will soon fully support WeChat Pay. Both platforms have responded. The industry believes that it will initiate a new round of internet plus-related interconnection in the industry.
①Taobao platform plans to fully introduce WeChat Pay, which is a landmark event of interconnection between Alibaba and Tencent platforms. ②The official response states that the functional compatibility with Taobao platform merchants is currently being opened.
Simba harshly criticizes Little Yang for fighting for the low price tag of hairy crabs. Is this a farce by the top anchor?
Recently, the top domestic e-commerce anchor Xinba once again made headlines by publicly challenging other anchors. This time, his dissatisfaction is not with small anchors, but with "Crazy Xiao Yangge", who has a similar fan base and a similar operating model.
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Meituan's conference call: The board of directors has approved a share buyback of 1 billion US dollars, and it is expected to achieve daily 0.1 billion takeaway orders during the peak season next year.
The strong growth trend of order volume and GTV in this quarter can continue, with the year-on-year growth rates of various sub-businesses in the offline liquor and travel business all exceeding 60% this quarter. It is expected that the growth rate of operating profit will be higher than the growth rates of income and order volume, maintaining optimism for long-term growth.
What's Going On With Alibaba Stock On Friday?