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Tag: Alibaba

Pinduoduo Emerges as Jack Ma’s Fierce E-Commerce Competitor, Threatening Amazon’s Dominance

Jack Ma, the trailblazer behind Alibaba Group Holding Ltd., credited for pioneering…

Alibaba Embarks on Transformation to Resurrect Cloud Division Following Spinoff Reversal

Alibaba Group Holding Ltd. is initiating a strategic overhaul of its cloud…

Alibaba’s Surprise Move Casts Shadow on China Tech Amid Mixed Earnings Season

Introduction: The unexpected decision by Alibaba Group Holding Ltd. to abandon the…

Alibaba Faces Market Value Halving Compared to Tencent Amid Slow Recovery

Alibaba Group Holding Ltd. is grappling with a market value that has…

Sea Ltd. Faces 22% Stock Plunge Amid Unexpected Q3 Loss and Fierce Competition

In an unexpected turn of events, Sea Ltd. witnessed a sharp 22%…

Alibaba and Tencent Join Forces, Invest $342 Million in AI Startup Zhipu

In a resounding display of confidence in the burgeoning artificial intelligence (AI)…