Por: MarketWatch Business May 19, 2023
The selloff came after Alibaba posted a 2% revenue increase for its fourth quarter ended March, missing some analysts' expectations, as China's post-reopening consumption recovery proved softer than hoped for. Analysts also noted a cautious tone from the company's management during its earnings call. Amid intensified competition, Taobao and Tmall will step up investment in user acquisition and retention, merchant servicing and... + full article
ABC News USA Business March 30, 2023
HONG KONG -- Top executives of Chinese e-commerce and financial giant Alibaba said Thursday that the company is moving toward giving up control of some of its business units in a transition toward becoming a capital operator to optimize the value of its sprawling businesses.... + más
China e-commerce giant Alibaba outlines future strategy | ABC News
ABC News USA Tech March 30, 2023
Associated Press USA Tech March 30, 2023
HONG KONG (AP) — Alibaba plans to spin off some of its as independent businesses to make them more flexible and maximize their value, its top executives said Thursday, as the company emerges from regulatory crackdowns that rattled Chinese tech industries.Alibaba CEO Daniel... + más
WPLG Local 10 USA Tech March 30, 2023
HONG KONG – Alibaba plans to spin off some of its as independent businesses to make them more flexible and maximize their value, its top executives said Thursday, as the company emerges from regulatory crackdowns that rattled Chinese tech industries.Alibaba CEO Daniel Zhang... + más
ABC News USA World March 30, 2023
CNBC USA Tech February 23, 2023
In this articleAlibaba said it is working on a rival to ChatGPT, the artificial intelligence chatbot that has caused excitement across the world. Alibaba said its own product is currently undergoing internal testing.Kuang Da Visual China Group Getty ImagesAlibaba reported... + más
Was China’s Singles Day a Dud? Alibaba and JD.com Decline to Give Numbers. | MarketWatch
Billionaire Alibaba Cofounder Joseph Tsai Selling 8% Stake In Retailer | Forbes
MarketWatch USA Business November 12, 2022
The two companies said only that sales for the annual Singles Day, which ended Friday, were comparable to last year’s. That raised the possibility of relatively weak gains, at least for Alibaba (BABA). For 2021’s event, the company reported $84.5 billion in total value of... + más
Alibaba Earnings Topped Estimates. Why the Stock Is Falling. | MarketWatch
Alibaba posts loss, slower revenue amid lower consumption | Associated Press
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