What should Ali's shareholders expect? Cai Chongxin said this...
Sina Technology News On the evening of June 1, Alibaba Group Chairman Cai Chongxin recently had a conversation with Kam Shing Kwang, Chairman of the American Investment Bank J.P. Morgan Chase North Asia and Vice Chairman of Investment Banking Business in Greater China. During the conversation, Cai Chongxin said that the first thing Ali's shareholders should look forward to is management's extreme focus on core business and how to create greater value for customers. “For example, at a strategic level, we have clearly placed users at the center of our e-commerce business. Alibaba is always thinking about who our customers really are — sellers or actual buyers
Ali Cai Chongxin: I will try to give CEOs and operation teams more autonomy and decision-making power
Sina Technology News On the evening of June 1, Alibaba Group Chairman Cai Chongxin recently had a conversation with Kam Shing Kwang, Chairman of the American Investment Bank J.P. Morgan Chase North Asia and Vice Chairman of Investment Banking Business in Greater China. During the conversation, Cai Chongxin said that when it comes to regulation, competitive pressure, geopolitics, etc., these are all common challenges faced by Chinese technology companies today. Over the past three or four years, these negative factors have also affected Alibaba. However, Alibaba's focus has always been on growth. Ali is committed to technological innovation and applies these technologies to its core business to create for customers
Ali Cai Chongxin: Data is to machines, just like food and books to humans
Sina Technology News On the evening of June 1, Alibaba Group Chairman Cai Chongxin recently had a conversation with Kam Shing Kwang, Chairman of the American Investment Bank J.P. Morgan Chase North Asia and Vice Chairman of Investment Banking Business in Greater China. During the conversation, Cai Chongxin said that Alibaba has three different ways to participate in the field of artificial intelligence. First, as a technology company, Ali is convinced that machine intelligence will continue to advance, and machines will become more and more intelligent. Currently, many people are talking about general artificial intelligence (AGI), that is, achieving the ideal state of general intelligence. They are convinced that although the specific implementation depends
Ali Cai Chongxin: The intuitive way to understand artificial intelligence is to observe how it focuses on big language models
Sina Technology News On the evening of June 1, Alibaba Group Chairman Cai Chongxin recently had a conversation with Kam Shing Kwang, Chairman of the American Investment Bank J.P. Morgan Chase North Asia and Vice Chairman of Investment Banking Business in Greater China. During the conversation, Cai Chongxin said that for an “outsider” like him, an intuitive way to understand artificial intelligence is to observe how it currently focuses on big language models. These models seek to simulate the human brain to achieve machine intelligence close to human intelligence. In his opinion, this process is like educating children, sending children to elementary school, middle school, and high school until college
Ali Cai Chongxin: It's Impractical to Let One Group CEO Make Hundreds of Decisions Every Day
Sina Technology News On the evening of June 1, Alibaba Group Chairman Cai Chongxin recently had a conversation with Kam Shing Kwang, Chairman of the American Investment Bank J.P. Morgan Chase North Asia and Vice Chairman of Investment Banking Business in Greater China. During the conversation, Cai Chongxin said that about a year ago, Ali decided to carry out a major restructuring, mainly to ensure faster and more efficient decisions, so it gave more business team leaders autonomy. “After all, it's impractical for a group CEO to make hundreds of decisions every day. Therefore, through decentralization, we enable business units and young talents to make more decisions
Alibaba Options Spot-On: On May 31st, 261.14K Contracts Were Traded, With 2.62 Million Open Interest
On May 31st ET, $Alibaba(BABA.US)$ had active options trading, with a total trading volume of 261.14K options for the day, of which put options accounted for 23.3% of the total transactions, and call
Express News | NYSE Order Imbalance 323212.0 Shares on Buy Side
10 Consumer Discretionary Stocks With Whale Alerts In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scan
Alibaba's (BABA) Promotional Campaign to Boost Global Footprint
Investors Heavily Search Alibaba Group Holding Limited (BABA): Here Is What You Need to Know
Alibaba and Coupang Intensify E-Commerce Battle With Major Investments in South Korea
Alibaba Group Holding Limited (NYSE:BABA), through its online platform AliExpress, has significantly increased its presence in South Korea, doubling its users to 8.58 million by April, according to Wi
Express News | U.S.-Listed Shares of Alibaba Down 3%, JD.com off 2.8%, PDD Holdings off 1.5%
Express News | Kraneshares CSI China Internet ETF Down 2.9%, Ishares China Large Cap ETF off 2.4%
Express News | China Adrs Fall Premarket After Survey Shows China's Factory Activity Unexpectedly Dips in May
[Broker Focus] Anxin International: For the Internet stock market, pay more attention to factors other than performance, such as shareholder returns, dividend rates, increases or decreases in holdings of major shareholders, etc.
Jinwu Financial News | Anxin International reports that recent stock prices and fundamental characteristics of Internet stocks: financial performance and management expectations are not too many surprises in the current macro context; profit improvements are generally superior to revenue improvements (from horse racing to intensive farming); the market pays more attention to factors other than performance: shareholder returns, dividend rates, increase or decrease in majority shareholders' holdings (typical: Ali (09988), Tencent (00700), Pinduoduo). The bank's overall performance outlook for the second quarter of the Internet company: Tencent, Pinduoduo, Xiaomi (01810), and Kuaishou (01024) are expected to continue to grow at high profits; high dividends are low
[Broker Focus] Dongxing Securities maintains Alibaba's (09988) “Highly Recommended” rating, indicating that the competitiveness of its e-commerce and cloud computing business will stabilize, moderate and improve
Jinwu Financial News | According to Dongxing Securities Research, Alibaba (09988) achieved revenue of 211.9 billion yuan in 2024Q1, an increase of 7% over the previous year. The company achieved a year-on-year double-digit increase in online GMV and order volume during the quarter. The core is that the company continues to focus on improving the overall e-commerce shopping experience of users to meet multi-level consumer demand. Adjusted net profit of 24.418 billion yuan, a year-on-year decrease of 11%. The net loss was mainly due to changes in the market value of the listed company's equity investment held by the company, while the same period last year was net income. According to the bank, the company's strong investment in strategic priority businesses is already beginning to be seen
[Hong Kong Stock Connect] Minsheng Bank (01988) and Alibaba Cloud will cooperate on various topics such as big model technology and application
Jinwu Financial News | Recently, China Minsheng Bank and Alibaba Cloud signed an agreement in Hangzhou to jointly launch joint innovation laboratory cooperation. The two sides will continue to promote innovation and application of financial-grade cloud-native technology, jointly explore the implementation of the Tongyi Big Model, and raise the level of digital intelligence in the banking industry with “cloud+AI”. According to this joint innovation agreement, the two sides will combine the superior resources and strengths of both parties to carry out research practices and innovative exploration on various topics such as cloud-native R&D platforms, container computing, large model technology and applications to achieve a win-win situation.
VOLUNTARY ANNOUNCEMENT DIVIDEND DISTRIBUTION LOGISTICS
Alibaba Options Spot-On: On May 30th, 146.73K Contracts Were Traded, With 2.57 Million Open Interest
On May 30th ET, $Alibaba(BABA.US)$ had active options trading, with a total trading volume of 146.73K options for the day, of which put options accounted for 25.65% of the total transactions, and call
Express News | NYSE Order Imbalance 340384.0 Shares on Sell Side
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