Alibaba: latest news, analysis and trading updates | ESM Magazine

Alibaba Bets On Gen AI Tools For Overseas Merchants, Executive Says

Chinese tech giant Alibaba's international e-commerce unit is tapping generative AI-powered tools to help cross-border merchants with translation, con...

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E-Commerce Industry To Be Worth More Than $4trn This Year

The global e-commerce industry will be worth more than $4 trillion (€3.68 trillion) this year, new data has suggested, however its growth rate is set...

Amazon Earned €581 Per Second In 2023, Study Finds

Online giant Amazon earned $636 (€581) per second last year, new data on the global e-commerce market has found, more than its Chinese rivals Alibaba...

China's 'Singles Day' Wraps Up With E-Commerce Giants Reporting Sales Growth

China's largest e-commerce player Alibaba Group said it recorded year-on-year growth over this year's 'Singles Day' sales period, while rival JD.com report...

Alibaba Promises Major Discounts Ahead Of China's 'Singles Day' Event

E-commerce giant Alibaba Group said it will be offering huge discounts as it gears up for its annual Singles Day shopping extravaganza - an indication that...

Global E-Commerce Market To Be Worth $9.3trn By 2027: GlobalData

A new report by GlobalData has suggested that the global e-commerce market is set to be worth $9.3 trillion (€8.84 trillion) by 2027, growing at a com...

Alibaba Shares Slide 4% After Former CEO Quits Cloud Unit

Alibaba stock lost more than 4% in Hong Kong on Monday after ex-group CEO Daniel Zhang quit its cloud computing unit in a surprise decision that unsettled...

Alibaba's Quarterly Revenue Beats Despite China's Sputtering Economy

China's Alibaba Group Holding reported its strongest quarterly revenue growth in almost two years as its domestic e-commerce unit focuses on low-cost produ...