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Alibaba Stock (NYSE:BABA): Cloud, E-Commerce Businesses Could Weather China’s Economy
Chinese e-commerce and cloud ... than the prior-year quarter. As this trend is likely to continue into the coming years, investors may watch to see if Alibaba’s cloud business represents a ... Read More
The cloud is benefiting IT, but not business
A recent study shows that the cloud benefits the IT department more than other business areas. That’s not enough to make it a success. Read More
Alibaba: Stop Chasing Dead Money
The company's core eCommerce business is struggling to gain momentum amidst China's economic troubles, while competitors like PDD Holdings are experiencing impressive growth. Alibaba's cloud ... Read More
Alibaba to cut prices of Cloud services globally amid rising AI demand - report
Alibaba Cloud is cutting prices by up to 59% for its customers globally, amid rising demand for AI. Read more here ... Read More
Alibaba’s Daniel Zhang steps down from cloud business
Meanwhile, Wu will also lead Alibaba’s Cloud Intelligence Group as its chairman and CEO after Zhang’s departure, the company said in a statement. Alibaba will invest US$1bil in a technology ... Read More
Chinese e-commerce giant Alibaba's bumpy restructuring journey
Eddie Yongming Wu, chairman of Alibaba's Taobao and Tmall Group took over as CEO, while executive vice chairman Joseph Tsai took over as chairman. SEPT 10, 2023: Zhang quits the cloud business in ... Read More
Alibaba Sells $360M Bilibili Stake to Fuel AI Ambitions and Business Revamp
notwithstanding the company’s recent setbacks, such as the aborted attempt to separate its $11 billion cloud division—a decision that contributed to a dramatic $22 billion loss in Alibaba’s ... Read More
Meet AI001, Alibaba’s First AI Employee
The AI will allow them more time to focus on system design and core business ... than 200 programming languages, and excels in 16. Official testing showed that it is particularly capable in cross-file ... Read More
Alibaba (BABA) Suffers a Larger Drop Than the General Market: Key Insights
Alibaba (BABA ... the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability. Read More
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