Alibaba shares jump 19% on cloud unit acceleration, report of new AI chip
Signage at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, on Thursday, Feb. 6, 2025. Qilai Shen | Bloomberg ...
Tag: E-commerce
Alibaba’s key cloud unit sales shine even as quarterly revenues miss
The Alibaba office building in Nanjing, Jiangsu province, China, on Aug. 28, 2024.CFOTO | Future Publishing | Getty ImagesAlibaba posted ...
Ant Financial to sell shares worth Rs 2,200 crore in Paytm parent
MUMBAI: Ant Financial, the fintech arm of Chinese e-commerce giant Alibaba Group, is planning to offload shares worth nearly Rs ...
Temu halts shipping direct from China as de minimis tariff loophole is cut off
Nurphoto | Nurphoto | Getty ImagesChinese bargain retailer Temu changed its business model in the U.S. as the Trump administration's ...
This country may have the fastest-growing e-commerce sector ‘on the planet’
Investors may want to consider adding exposure to the world's second-largest emerging market.According to EMQQ Global founder Kevin Carter, India's ...
Amazon is bringing Intuit QuickBooks software to its millions of third-party sellers
Sasan Goodarzi, president and CEO of Intuit Inc. and Andy Jassy, CEO of Amazon.David Paul Morris | Bloomberg | Getty ...
Alibaba earnings miss expectations despite cloud acceleration
Signage at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, on Friday, Aug. 2, 2024.Qilai Shen | Bloomberg | ...
China earnings pain erodes optimism over a rebound
Investors in Chinese stocks are losing patience as a long-awaited earnings recovery fails to come through and a rally unravels. ...
Amazon’s ditching the plastic air pillows in its boxes
Amazon said Thursday it has removed 95% of the plastic air pillows from its packaging in North America and will ...
This ETF aims to capture China’s own ‘Magnificent Seven’
Roundhill Investments wants to mimic the success of its Magnificent Seven ETF (MAGS) in China.The firm's CEO Dave Mazza plans ...
