BABA's quick commerce revenues jump 60% YoY, lifting engagement and monetization, but heavy subsidies and logistics costs are ...
Alibaba Group Holding (NYSE:BABA) and its Chinese hyperscalar rivals have responded to the domestic regulatory crackdown and economic weakness by opening their walled gardens to one another. JD ...
Over the medium term, Alibaba Group and its financing partners will commit between RMB20 billion and RMB30 billion (US$3 billion to US$4.5 billion). The company hopes to spark a total investment of ...
NEW YORK, April 17, 2024 /PRNewswire/ -- Alibaba.com, a leading platform for global business-to-business (B2B) e-commerce, today officially introduced its Logistics Marketplace, providing U.S. small ...
BABA's cash flow is under strain as AI, cloud and quick commerce spending outpace monetization, widening the gap between ...
Cainiao is expected to control key nodes including sorting, line-haul transfer and last-mile delivery for the service Cainiao ...
SHANGHAI (Reuters) - China's e-commerce giant, Alibaba Group Holding , said on Friday it would invest an additional 23.3 billion yuan ($3.33 billion) to raise its equity stake in its logistics ...
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