With the plan finalized earlier this year and modest compared with U.S. hyperscalers' AI capex trajectories, it underscores ...

Alibaba is to split into its Cloud Intelligence Group, Taobao Tmall Business Group, Local Services Group, Global Digital Business Group, Cainiao Smart Logistics and Digital Media and Entertainment ...

According to a report by Forbes, the e-commerce industry is expected to grow to a valuation of $7.9 trillion by 2027 from $6.3 trillion in 2024. In 2027, 23% of retail purchases are expected to be ...

Alibaba Group introduces new AI-powered tool to enhance global B2B e-commerce, while US exempts ASML from tech embargo on China. BABA shares up 0.94%.

Context: The restructuring follows Eddie Wu’s appointment as Alibaba CEO in September 2023, when he outlined a strategy focused on “user-first” principles and AI-driven innovation. Despite its ...

Alibaba Group Holding Limited (NYSE:BABA) Claims New AI Translation Tool Outperforms Google, DeepL, and ChatGPT, Revolutionizing Global E-Commerce ...

Cainiao Smart Logistics Network, a unit of Alibaba Group, has launched next-day delivery services in Europe for €2 and plans to develop global e-commerce hubs.

China Commerce encompasses BABA's domestic e-commerce marketplaces, mainly Taobao and Tmall. This business segment is mature, growing 8% annually between March 2021 and March 2023.

FILE - The logo of Chinese technology firm Alibaba is seen at its office in Beijing on Aug. 10, 2021. The CEO of Chinese e-commerce and financial giant Alibaba said Thursday that the company is ...

Business Nation & World Technology China e-commerce giant Alibaba outlines future strategy March 29, 2023 at 10:45 pm Updated March 29, 2023 at 11:49 pm ...