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Alibaba Group Holding Limited (NYSE:BABA) projects $60 billion in GMV for its B2B platform Alibaba.com in 2024, marking a 20% increase from last year’s $50 billion. President Zhang Kuo explained ...
Hong Kong-listed shares of China's Alibaba Group plunged 10% on Friday, wiping about $20 billion off its market value, after the company scrapped plans to spin off its cloud business. Alibaba said ...
(Reuters) -Alibaba Group has scrapped plans to spin-off its cloud business, citing uncertainties created by U.S. export curbs on chips used in artificial intelligence applications. The U.S ...
Tongyi Tingwu, the AI-powered assistant, can analyze multimedia content and generate a text summary from video and audio files. [150] In November 2024, Alibaba unveiled QwQ-32B-Preview, a groundbreaking 32.5 billion parameter AI reasoning model that challenges OpenAI's o1 series by demonstrating superior performance on AIME and MATH benchmark.
Alibaba Cloud, also known as Aliyun (Chinese: 阿里云; pinyin: Ālǐyún; lit. 'Ali Cloud'), is a cloud computing company, a subsidiary of Alibaba Group. Alibaba Cloud provides cloud computing services to online businesses and Alibaba's own e-commerce ecosystem. Its international operations are registered and headquartered in Singapore. [1]
In 2018, Alibaba launched the streaming service named Alibaba Live. This service was created with the goal of allowing online retailers to market their products utilizing social shopping . [ 28 ] This has seen significant growth in popularity and success, with the 84 stores using this service reporting $7.4 million in 2020 sales. [ 29 ]
In the past, Alibaba (NYSE: BABA) was often viewed as the Amazon (NASDAQ: AMZN) of China. While Amazon's stock is up more than 1,400% in the past 10 years, as of this writing, Alibaba's stock is ...
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