Fliggy, a subsidiary of $BABA-SW(09988.HK$ , announced today (26 Apr) that it has cooperated with Heytea and the China Tea Marketing Association to launch a Tea-themed Tour.
The Tour's destination would be Anxi, Fujian, and include tea plantation visits, tea plucking and tea-making experiences, and new tea tasting. This is the first time that a new tea beverage brand and a travel platform have collaborated on a tour product.
$ALIBABA GROUP HOLDING LTD(BABAF.US$ $Alibaba(BABA.US$ $BABA-SW(09988.HK$ $Hang Seng TECH Index(800700.HK$ $China Concept Stocks(BK2517.US$
The Tour's destination would be Anxi, Fujian, and include tea plantation visits, tea plucking and tea-making experiences, and new tea tasting. This is the first time that a new tea beverage brand and a travel platform have collaborated on a tour product.
$ALIBABA GROUP HOLDING LTD(BABAF.US$ $Alibaba(BABA.US$ $BABA-SW(09988.HK$ $Hang Seng TECH Index(800700.HK$ $China Concept Stocks(BK2517.US$
Huatai Securities (HTSC) views Alibaba as entering a new growth cycle with adjustments to its core business and management team nearing completion.
Alibaba's domestic e-commerce shows signs of healthy growth, supported by price strength and enhanced user experience, while international e-commerce and Cainiao $Cainiao Smart Logistics Network Limited(810537.HK$ contribute to overall revenue growth.
HTSC expects revenue growth to accelerat...
Alibaba's domestic e-commerce shows signs of healthy growth, supported by price strength and enhanced user experience, while international e-commerce and Cainiao $Cainiao Smart Logistics Network Limited(810537.HK$ contribute to overall revenue growth.
HTSC expects revenue growth to accelerat...
4
2
Alibaba Cloud, a subsidiary of BABA, recently unveiled a new pricing strategy for international customers, slashing the prices of its public cloud products by an average of 23%.
Leo Liu, Vice President of International Business at Alibaba Cloud Intelligence, described the price reduction as a technology premium offered to customers following iterative updates to underlying technology, efficiency improvements, and cost reductions....
Leo Liu, Vice President of International Business at Alibaba Cloud Intelligence, described the price reduction as a technology premium offered to customers following iterative updates to underlying technology, efficiency improvements, and cost reductions....
2
Fliggy, the travel platform of BABA, has reported a significant surge in outbound tour bookings during the 2024 May Day Golden Week holiday.
Bookings for group tours experienced a remarkable increase of over 100% compared to the same period in 2019.
Car rental bookings also witnessed substantial growth, soaring by over 500%.
Outbound tour services saw a peak in bookings, with a robust growth rate of ne...
Bookings for group tours experienced a remarkable increase of over 100% compared to the same period in 2019.
Car rental bookings also witnessed substantial growth, soaring by over 500%.
Outbound tour services saw a peak in bookings, with a robust growth rate of ne...
3
Alibaba Cloud's Bailian foundation model service platform announced the launch of a one-click training, deployment and reasoning solution for $Meta Platforms(META.US$ 's new-generation open-source large language model, Llama 3 series, Chinese media reported.
Computing power fees for the model development and invocation are waived for a limited time. Enterprises and developers can create their own exclusive...
Computing power fees for the model development and invocation are waived for a limited time. Enterprises and developers can create their own exclusive...
2
Ant Group, Alibaba's financial arm, is set to operate the Alipay payment system in Indonesia. Yang Peng, CEO of Ant International and Senior Vice President of Ant Group, stated that they are in talks with PT Bank Mandiri (Persero) Tbk and fintech DANA to operate Alipay.
$Ant Financial Concept(BK0362.SH$ $Ant Group Related(BK1287.HK$ $ALIBABA GROUP HOLDING LTD(BABAF.US$ $Alibaba(BABA.US$ $BABA-SW(09988.HK$ $China Concept Stocks(BK2517.US$
$Ant Financial Concept(BK0362.SH$ $Ant Group Related(BK1287.HK$ $ALIBABA GROUP HOLDING LTD(BABAF.US$ $Alibaba(BABA.US$ $BABA-SW(09988.HK$ $China Concept Stocks(BK2517.US$
1
CICC predicts Alibaba Group's 4QFY24 revenue to increase by 5% YoY to RMB219.2 billion, in line with market expectations.
Adjusted EBITA forecasted to decline 4% YoY to RMB24.3 billion, while non-GAAP net profit estimated at RMB28.1 billion.
YoY decreases expected in EBITAs for Taobao Tmall Group and Alibaba overall due to increased investments in overseas ventures and Cainiao $Cainiao Smart Logistics Network Limited(810537.HK$ .
Alibaba's domes...
Adjusted EBITA forecasted to decline 4% YoY to RMB24.3 billion, while non-GAAP net profit estimated at RMB28.1 billion.
YoY decreases expected in EBITAs for Taobao Tmall Group and Alibaba overall due to increased investments in overseas ventures and Cainiao $Cainiao Smart Logistics Network Limited(810537.HK$ .
Alibaba's domes...
2
$BABA-SW(09988.HK$ intends to invest KRW100 billion in Korean fashion platform ABLY, sources said.
According to industry sources, ABLY is currently in investment negotiations with the Ontario Teachers' Pension Plan (OTPP), global investment firm Permira, and Corporate Venture Capital (CVC), among others. If the investment is successful, BABA will receive about 5% of ABLY's shares.
$ALIBABA GROUP HOLDING LTD(BABAF.US$ $Alibaba(BABA.US$ $China Concept Stocks(BK2517.US$ $Hang Seng TECH Index(800700.HK$
According to industry sources, ABLY is currently in investment negotiations with the Ontario Teachers' Pension Plan (OTPP), global investment firm Permira, and Corporate Venture Capital (CVC), among others. If the investment is successful, BABA will receive about 5% of ABLY's shares.
$ALIBABA GROUP HOLDING LTD(BABAF.US$ $Alibaba(BABA.US$ $China Concept Stocks(BK2517.US$ $Hang Seng TECH Index(800700.HK$
2
Alibaba's Freshippo is set to resume member card opening and renewal services for Freshippo X Gold and Freshippo X Diamond members on April 24.
The company plans to upgrade and adjust the benefits of the original benefit rules for these membership tiers.
Trial implementation of the refined services will commence on April 20 at the Freshippo X member shop in Nanjing, with other regions slated to follow suit on April 24.
$ALIBABA GROUP HOLDING LTD(BABAF.US$ $Alibaba(BABA.US$ $BABA-SW(09988.HK$ $Hang Seng TECH Index(800700.HK$ $China Concept Stocks(BK2517.US$
The company plans to upgrade and adjust the benefits of the original benefit rules for these membership tiers.
Trial implementation of the refined services will commence on April 20 at the Freshippo X member shop in Nanjing, with other regions slated to follow suit on April 24.
$ALIBABA GROUP HOLDING LTD(BABAF.US$ $Alibaba(BABA.US$ $BABA-SW(09988.HK$ $Hang Seng TECH Index(800700.HK$ $China Concept Stocks(BK2517.US$
2
Lenovo Group $LENOVO GROUP(00992.HK$ 's Chairman, CEO Yang Yuanqing emphasizes the importance of AI "landing" in various scenarios.
AI deployment relies on smart devices, infrastructure, and solutions/services.
Lenovo engages in deep collaborations with customers and partners, particularly Alibaba $BABA-SW(09988.HK$ , on AI PCs and intelligent agent solutions for industries and enterprises.
$ALIBABA GROUP HOLDING LTD(BABAF.US$ $Alibaba(BABA.US$ $China Concept Stocks(BK2517.US$ $Hang Seng TECH Index(800700.HK$
AI deployment relies on smart devices, infrastructure, and solutions/services.
Lenovo engages in deep collaborations with customers and partners, particularly Alibaba $BABA-SW(09988.HK$ , on AI PCs and intelligent agent solutions for industries and enterprises.
$ALIBABA GROUP HOLDING LTD(BABAF.US$ $Alibaba(BABA.US$ $China Concept Stocks(BK2517.US$ $Hang Seng TECH Index(800700.HK$
2