Alibaba Group Holding Ltd is a leading multinational conglomerate specializing in e-commerce, retail, and technology. The company operates various online marketplaces that connect consumers and businesses, facilitating the sale of goods and services. Beyond e-commerce, Alibaba has diversified its offerings to include cloud computing, digital media, and entertainment, striving to empower businesses with innovative technology solutions. With a strong focus on integrating online and offline experiences, Alibaba continuously evolves its platform to meet consumer demands and optimize supply chain efficiency. The organization's mission is to make it easy to do business anywhere, leveraging its expansive reach to foster global commerce. Read More
Tariff changes and economic uncertainty are shaking up the way ecommerce apps spend their marketing money across the world. A new report from AppsFlyer, the 2025 State of eCommerce App Marketing, shows that global spending on user acquisition (UA) has climbed to an impressive $4.6 billion. But it’s not just the amount of money being spent that is interesting, it’s where that money is going.
Nvidia has reportedly ordered 300,000 more H20 AI chips from TSMC to meet surging demand in China, reversing its earlier production halt after the U.S. eased export restrictions.
Shandong Hi-Speed Holdings Group Ltd. (00412. HK) shares rose to HK$17.40 at closing on Thursday, July 16, sending the market cap of the strongly growing company to HK$105.58 billion. It was the first time for SDHG’s market cap to hit the HK$100 billion mark, indicating the market’s unequivocal endorsement of SDHG as a leader in Electricity-Computing Integration and AI-ready infrastructure.
Amid all the high-profile poaching going on in the AI industry, the scientist said talent isn’t a problem because the only thing you need to do is to get the right person, not really the expensive person.
The Quark AI glasses would be sleek, lightweight, and equipped with useful features such as hands-free calling, real-time translation, music streaming, and even meeting transcription capabilities.
Alibaba Group's stock is down as Chinese tech firms cut AI coding model prices to attract developers and gain market dominance. BABA shares down 1.05%.
A deal would grant JD access to one of the largest online marketplaces for electronic goods in Europe, as well as a network of approximately 1,000 stores across several European countries.
