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
Apple plans to import most iPhones for US sales from India by 2026, doubling its output to 80M units. Pandemic, tariffs, and tensions with China prompt pivot.
Chinese stocks rose on trade optimism after Trump's comments. Alibaba, PDD, Baidu, NIO, Li Auto, and XPeng show strong momentum. China eyes Europe as a key trading partner.
Shares of U.S.-listed Chinese companies, including Alibaba Group inc. (NYSE: BABA), NIO Inc. (NYSE: NIO) and PDD Holdings Inc.(NASDAQ: PDD) are trading higher Tuesday following comments from U.S. Treasury Secretary Scott Bessent indicating a possible de-escalation in the ongoing tariff conflict with China.
JD.com accuses rival platforms of coercing couriers to leave JD Takeaway, vows to increase full-time riders. Trump's tariffs on Chinese imports a concern.
Alibaba Cloud recently announced the rollout of significant enhancements to its AI offerings for its global users, introducing upgraded tools, new models, and infrastructure improvements aimed at keeping pace with the rapid evolution of AI.
Former Alphabet CEO Eric Schmidt warns China will surpass US in AI unless Trump takes action. He also states that US values must be embedded in AI strategy.
Chamath Palihapitiya criticized Nvidia for circumventing U.S. export controls, enabling China to access advanced AI chips, and warned that the company's actions could undermine U.S. interests.
The preference stems from expectations that consumer staples are more resilient to market headwinds and will benefit from swift economic stimulus in their home countries.
In a throwback video, Alibaba Group Holding Ltd. (NYSE: BABA) co-founder Jack Ma expressed that trade wars, such as the one brewing between the U.S. and China, are obscuring deeper issues of resource allocation and wealth concentration, while posing a risk to global stability.
