Alibaba Group Holding Ltd is a leading multinational conglomerate specializing in e-commerce, retail, and technology. The company operates various online marketplaces that connect consumers and businesses, facilitating the sale of goods and services. Beyond e-commerce, Alibaba has diversified its offerings to include cloud computing, digital media, and entertainment, striving to empower businesses with innovative technology solutions. With a strong focus on integrating online and offline experiences, Alibaba continuously evolves its platform to meet consumer demands and optimize supply chain efficiency. The organization's mission is to make it easy to do business anywhere, leveraging its expansive reach to foster global commerce. Read More
Alibaba’s consumer-to-consumer marketplace Taobao has released a significant update to its image search and reverse image search functionality, further streamlining product sourcing for international users engaging in dropshipping operations. The new capabilities are designed to improve image recognition accuracy, cross-language usability, and search precision—an important development for global e-commerce businesses that rely heavily on visual product sourcing.
Alibaba Group Holding is launching a 100-day campaign to boost orders and lure customers away from rivals Meituan and JD.com in China's instant delivery market.
The generative AI race has just taken a dramatic turn. Moonshot AI, a fast-growing artificial intelligence company backed by e-commerce giant Alibaba, has officially unveiled its Kimi K2 model—a large language model (LLM) that has quickly set the tech industry abuzz. According to Moonshot, the Kimi K2 not only
Nvidia (NVDA) gets US approval to ship H20 AI chips to China, reversing $4.5B loss & unlocking $15B sales. Jim Cramer backs long-term hold, $180 target.
US-listed Chinese stocks gained following US govt's decision to lift chip export restrictions to China. Includes Alibaba, PDD, JD, Baidu, NIO, Li Auto, XPeng, and Nvidia's new RTX PRO chip designed for Chinese market.
Alibaba Group Holdings ADRs are off their May $134 peak as Trump's tariff pressure is on again. Analysts have lowered EPS forecasts and price targets as well. Does that make BABA a buy?
Alibaba matched its record of 80 million deliveries in one day, competing with Meituan and JD.com in China's quick-delivery market through giveaways and promotions. The price war has caused a $100 billion drop in Alibaba's market value, and it is expected to post a $5.7 billion loss in its food delivery operations.
