#Alibaba Group Holding Ltd
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A Closer Look at the Story of China's Jack Ma: The Billionaire's Disappearance
In recent months, the world has been captivated by the story of Jack Ma, the billionaire founder of Alibaba Group and one of China's wealthiest men. Ma, who has a net worth of over $50 billion, disappeared from public view in November 2020, leading to speculation about his whereabouts and the reasons behind his sudden absence.
Many have pointed to the fact that's disappearance came shortly after he made critical comments about China's regulatory system at a conference in Shanghai. These comments reportedly angered Chinese officials, leading to increased scrutiny of Alibaba and its affiliate companies. Furthermore, the Chinese authorities have been taking action against giant technology firms and their potential monopolistic behavior.
It's important to note that it is not uncommon for high-profile individuals in China to disappear for short periods of time, particularly if they have made statements that are at odds with the government's official stance. However, the fact that Ma's disappearance has been so prolonged and that there has been little official explanation from either Ma or Alibaba has led to widespread speculation and concern.
Some have suggested that Ma may be in hiding, or that he has been arrested or detained by the Chinese government. Others believe that he may simply be laying low, avoiding the spotlight in order to... read full article
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Google announces custom Arm-based chips, following similar efforts at rivals Amazon and Microsoft
Google parent Alphabet still derives three-quarters of revenue from advertising, but cloud is growing faster and now represents almost 11% of company revenue. The segment, which contains corporate productivity applications, is also profitable. Google held 7.5% of the cloud infrastructure market in 2022, while Amazon and Microsoft together controlled around 62%, according to Gartner…
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#Advanced Micro Devices Inc#Alibaba Group Holding Ltd#alphabet inc#Amazon.com Inc#Arm Holdings PLC#Breaking News: Technology#business#business news#Enterprise#Intel Corp#Microsoft Corp#Oracle Corp#Technology
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China's Alibaba and Tencent focus on cost cuts amid slowing growth
China’s Alibaba and Tencent focus on cost cuts amid slowing growth
Alibaba has faced growth challenges amid regulatory tightening on China’s domestic technology sector and a slowdown in the world’s second-largest economy. But analysts think the e-commerce giant’s growth could pick up through the rest of 2022.
Kuang Da | Jiemian News | VCG | Getty Images
Chinese tech giants Alibaba and Tencent often talk about all of their innovations and new products during…
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#Alibaba Group Holding Ltd#Asia Economy#Business News#China#E-commerce#Earnings#Economy#internet#Retail industry#Technology#Tencent Holdings Ltd
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Bill Miller wagers on travel, taking stakes in Expedia and United Airlines
Bill Miller wagers on travel, taking stakes in Expedia and United Airlines
Value investor Bill Miller placed his bets on the reopening play last quarter after adding shares in Expedia and United Airlines . Miller added a new holding in travel name Expedia in the second quarter, according to a recent 13F filing. As of June 30, the investor held 616,700 shares totaling $58.5 million, according to InsiderScore. The stock accounts for 3% of the portfolio. He also bought…
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#Alibaba Group Holding Ltd#Breaking News: Investing#Business#business news#Expedia Group Inc#Markets#Mattel Inc#Miller Opportunity Trust Class I#Ovintiv Inc#Stock markets#United Airlines Holdings Inc#Wall Street
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Alibaba to apply for dual primary listing in Hong Kong, stock jumps
Alibaba to apply for dual primary listing in Hong Kong, stock jumps
Alibaba’s Hong Kong-listed stock jumped as much as 6% on Tuesday after the company said it will apply for a dual primary listing in Hong Kong.
Kuang Da | Jiemian News | Visual China Group | Getty Images
Alibaba‘s Hong Kong-listed stock jumped 6% on Tuesday after the Chinese tech giant said it will apply for a dual primary listing in Hong Kong, before paring some gains.
The tech giant’s shares…
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#Alibaba#Alibaba Group Holding Ltd#apply#Business News#China#dual#Hong#jumps#Kong#Li Auto Inc#listing#Primary#stock#Stock markets#Technology#Xpeng Inc
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Slowest quarterly revenue growth on record
Slowest quarterly revenue growth on record
Chinese e-commerce giant JD.com posted its slowest quarterly revenue growth on record for the first three months of the year, as Covid-19 lockdowns in the world’s second-largest economy weighed on consumer spending.
JD.com beat estimates on revenue but missed expectations on profit.
Here’s how JD did in the first quarter of 2022, versus Refinitiv consensus estimates:
Income: 239.7 trillion…
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#Alibaba Group Holding Ltd.#business news#China#Earnings#Ecommerce#Economic events#Hang Seng TECH Index ETF#JD.Com Inc#online shopping#Retail e-commerce sales#retail industry#Technology#Tencent Holdings Ltd.#Xi Jinping
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How India is challenging China as Asia's tech powerhouse
But a shift appears to be underway, with other countries in Asia trying to take China’s crown.
India is one of these contenders. New Delhi has sought to woo foreign tech companies and has been increasingly successful, with giants like Apple increasing their presence in the country.
India is looking to boost areas such as high-tech electronics and semiconductor manufacturing, as well as support…
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#Alibaba Group Holding Ltd#apple inc#Asia economy#business news#China#Economic Events#India#Technology#TENCENT HOLDINGS LTD
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𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐆𝐮𝐢𝐝𝐞 𝐭𝐨 𝐌𝐨𝐛𝐢𝐥𝐞 𝐏𝐚𝐲𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 (𝐞-𝐏𝐃𝐅)
𝐆𝐞𝐭 𝐚 𝐟𝐫𝐞𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐫𝐞𝐩𝐨𝐫𝐭: https://www.nextmsc.com/mobile-payment-market/request-sample?utm_source=debashree_linkedin&utm_medium=debashree_gp&utm_campaign=debashree_mobile_payment&utm_id=debashree_mar&utm_term=debashree_gp&utm_content=debashree_gp
𝐌𝐨𝐛𝐢𝐥𝐞 𝐏𝐚𝐲𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 and the system have many uses and benefits, including convenience, speed, security, integration with other financial apps, and contactless payment. Such uses and benefits make people adopt these digital processes.
Furthermore, rapid internet connectivity plays a pivotal role in fostering the acceptance of online payment technology. The surge in smartphone usage and heightened public understanding of digital payment systems also significantly contribute. Additionally, the increasing utilization of digital wallets for e-commerce and other transactions to facilitate seamless payments propels market expansion.
𝐆𝐞𝐨𝐠𝐫𝐚𝐩𝐡𝐢𝐜𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:
Asia-Pacific held a significant mobile payment market share in 2022, as more and more people are embracing cashless payments to make the region a digital society and gain efficiency and convenience.
Mobile payment systems in Europe have been gaining popularity in recent years, with many consumers and businesses using portable devices to make payments for goods and services.
Multiple companies within the mobile payment sector comprise Alphabet, Inc. (Google), Alibaba Group Holdings Limited, Amazon.com, Inc., Apple, Inc., PayPal Holdings, Inc., Visa, Inc., Tencent Holdings Limited (WeChat), MasterCard International, Inc., Samsung Electronics Co. Ltd., Block, Inc., and American Express Company.
𝐀𝐜𝐜𝐞𝐬𝐬 𝐟𝐮𝐥𝐥 𝐫𝐞𝐩𝐨𝐫𝐭: https://www.nextmsc.com/report/mobile-payment-market?utm_source=debashree_linkedin&utm_medium=debashree_tl&utm_campaign=debashree_mobile_payment&utm_id=debashree_mar&utm_term=debashree_tl&utm_content=debashree_tl
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Alibaba Group Holding Ltd. a condus de finanţare
Alibaba Group Holding Ltd. a condus cea mai mare rundă de finanţare pentru un startup chinezesc de inteligenţă artificială, în valoare de 1 miliard de dolari. Este cea mai recentă rundă dintr-o serie de investiţii considerabile care sugerează că firma de comerţ electronic folosește din nou capital în căutare de creştere, potrivit Bloomberg.
Alibaba Group Holding Ltd. se alătură Tencent Holdings…
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Voici ce que les chinois Alibaba et Kuaishou disent de l'économie
Voici ce que les chinois Alibaba et Kuaishou disent de l’économie
Sur le GMV de cinq grandes plateformes de commerce électronique, la part de marché d’Alibaba a chuté de 6 % au premier trimestre par rapport au quatrième, selon l’analyse de Bernstein.
Str | AFP | Getty Images
BEIJING – Alibaba était autrefois l’enfant de l’affiche pour investir dans la Chine moderne. Désormais, le marché du e-commerce qui a alimenté sa croissance ralentit, tandis que de…
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#actualité économique#Asie Économie#Commerce de détail#Groupe Alibaba Holding Ltd#Initié du marché#JD.Com Inc#Marchés#Marchés boursiers#Meituan#Pinduoduo Inc#Technologie#Technologie Kuaishou#Tencent Holdings Ltd
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Stocks head for another potentially treacherous week, after S&P 500 falls into bear market territory
Stocks head for another potentially treacherous week, after S&P 500 falls into bear market territory
Traders work on the floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., March 7, 2022.
Andrew Kelly | Reuters
If there’s more bad news from retailers in the coming week, that could be a negative catalyst for an already cranky stock market.
Market pros are watching for more signs that stocks could be bottoming, though strategists say that is a tricky prospect and there…
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#Alibaba Group Holding Ltd#Best Buy Co Inc#Big Lots Inc#Buckle Inc#Burlington Stores Inc#business news#Canopy Growth Corp#Costco Wholesale Corp#Dell Technologies Inc#DICK&x27;S Sporting Goods Inc#Dollar General Corp#Dollar Tree Inc#Earnings#Macy&x27;s Inc#Market Insider#Markets#NetEase Inc#Nordstrom Inc#Nutanix Inc#NVIDIA Corp#Ralph Lauren Corp#S&P 500 Index#Stock markets#Target Corp#Toll Brothers Inc#Ulta Beauty Inc#Wall Street#Walmart Inc#Workday Inc#Zoom Video Communications Inc
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Is Alibaba a Buy After Analysts Raised Earnings Guidance?
Is Alibaba a Buy After Analysts Raised Earnings Guidance?
Chinese e-commerce giant Alibaba Group Holding Limited (BABA) doesn’t need any introduction. The holding company operates through Core Commerce, Cloud Computing, Digital Media and Entertainment, Innovation Initiatives, and other business segments.
The Chinese authorities have enforced strict regulations on its tech businesses over the past year to rein in the market manipulation power of some of…
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Shopee, Garena post strong revenue
Shopee, Garena post strong revenue
Singapore, Singapore – 2021: A large Shopee logo at the entrance to the e-commerce platform’s headquarters at Science Park. (Exact photography date unknown due to incorrect camera settings)
Kokkai | Istock Unreleased | Getty Images
Shares of Southeast Asia’s e-commerce and gaming firm Sea Group popped after its first-quarter revenue beat analysts’ expectations on Tuesday.
Sea’s U.S.-listed…
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#Alibaba Group Holding Ltd#amazon.com inc#business news#e-commerce#Markets#Mercadolibre Inc#Retail industry#Sea Ltd#Southeast Asia#technology#Tencent Holdings Ltd
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Shopee, Garena post strong revenue
Shopee, Garena post strong revenue
Singapore, Singapore – 2021: A large Shopee logo at the entrance to the e-commerce platform’s headquarters at Science Park. (Exact photography date unknown due to incorrect camera settings)
Kokkai | Istock Unreleased | Getty Images
Shares of Southeast Asia’s e-commerce and gaming firm Sea Group popped after its first-quarter revenue beat analysts’ expectations on Tuesday.
Sea’s US-listed shares…
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#Alibaba Group Holding Ltd.#Amazon.com Inc.#business news#Ecommerce#MARKETS#Mercadolibre Inc#retail industry#Sea Ltd#Southeast Asia#Technology#Tencent Holdings Ltd.
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