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Alipay has once again surged to the forefront.
Consolidate the position.
Cainiao is aligning with SF Express.
Author | Huang Yu Editor | Zhou Zhiyu A year ago, Cainiao, who was planning to go public on the Hong Kong Stock Exchange, launched its self-operated express delivery business, Cainiao Express. A year has passed, and although the listing plan has long been shelved, Cainiao Express has been expanding vigorously and accelerating its penetration into SF's territory. Cainiao Express has now set its sights on the same-city distribution business. On July 11, Cainiao Express announced the launch of same-city express delivery service in Guangzhou, offering same-day delivery within the city. This is the first time Cainiao Express has formally launched same-city distribution services. Prior to this, there were rumors in the industry that Cainiao Express planned to expand into the same-city distribution business, and would focus on services such as same-day delivery and same-city delivery within half a day.
"China ChatGPTs" struggle to attract customers.
Over a month ago, as Tencent officially launched the independent AIGC app 'Tencent Yuanbao', the 'BAT' finally gathered in the AI big model C-end product race track. In this AI application era, who can create the 'WeChat of the AI era' is highly anticipated.
Alibaba Using Gen AI Tools to Help Foreign Merchants - Report
Alibaba's (NYSE:BABA) international e-commerce unit is using generative AI-backed tools to help foreign merchants with translation, content creation and product returns, Reuters reported, citing group vice president Kaifu Zhang.
Tencent Video has released a blockbuster for the summer.
Can the popular products continue?
BlackRock: Like emerging markets, it is expected that developed market central banks will adopt a "Higher for Longer" interest rate strategy.
BlackRock Investment Institute stated in a report on Monday that some emerging market central banks are pausing rate cuts due to concerns about inflation, and decision makers in developed markets may also find themselves needing to maintain higher interest rates for a longer period of time (Higher for Longer).