Alibaba's Net Profit Plunges 96%: Is It A Fall From Grace or a Rebirth?
Alibaba's Net Profit Plunges 96%: Is It A Fall From Grace or a Rebirth?In the first quarter of 2024, Alibaba Group's net profit plummeted by 96%, reaching only 919 million yuan. This news, like a bombshell, has sent shockwaves through the capital market and public opinion...
From Internet Godfather to "Elephant Turn": The Rise and Fall of Jack Ma and Alibaba
From Internet Godfather to "Elephant Turn": The Rise and Fall of Jack Ma and AlibabaPrefaceJack Ma, a household name, led Alibaba to write a legend in China's internet history. From a small apartment in Hangzhou, to becoming a global e-commerce giant, Jack Ma's success story inspired a generation...
Joe Tsai: A Legendary Capital Player From the Nets to Alibaba
Joe Tsai: A Legendary Capital Player From the Nets to AlibabaIn today's business world, there is a figure who is both the former majority owner of the NBA's Brooklyn Nets and one of the key figures in Alibaba Group. He is Joe Tsai...
Alibaba is about to open up the largest parameter model in China
Alibaba is about to open up the largest parameter model in China. According to Science and Technology Innovation Board Daily on the 9th, Alibaba Group CEO Wu Yongming revealed at the 2023 World Internet Conference Wuzhen Summit that Alibaba is about to open up a 72 billion parameter model, which will be the largest open source model in China...
Alibaba Wu Yongming: To be an open technology platform that serves AI innovation in the entire society
On the morning of November 8th, the 2023 World Internet Conference Wuzhen Summit opened in Wuzhen, Tongxiang, Zhejiang. Alibaba Group CEO Wu Yongming spoke on behalf of leading companies at the plenary meeting...
Baishi Group plans to privatize, but insiders deny that Alibaba or Cainiao will take over the deal
According to Cailian News Agency on November 8th, Baishi Group's board of directors has received a preliminary non binding offer from a buyer consortium composed of Alibaba, Cainiao Network, and company founder Zhou Shaoning to acquire all issued common shares. A person familiar with the situation told 21st Century Economic Report that this is a conventional privatization process for Baise and does not affect the normal operation of its business, nor is it a takeover by Alibaba or Cainiao...
Alibaba International Station AI Business Assistant Online Digging for Digital Foreign Trade Dividends
Digital trade is becoming a new trend in the development of international trade today and a new growth point for future international trade development.According to customs data, in 2022, the scale of service trade that can be digitally delivered in China reached 2...
Alibaba Cloud CTO Zhou Jingren: Creating the Most Open Cloud in the AI Era
On October 31, at the 2023 Cloud Habitat Conference, Alibaba Cloud CTO Zhou Jingren stated that in the era of intelligence, Alibaba Cloud will upgrade its cloud computing system through full stack technology innovation from underlying computing power to AI platforms and model services, creating the most open cloud in the AI era. On site, Zhou Jingren announced the latest progress in cloud computing infrastructure, upgraded the artificial intelligence platform, and released the large-scale model Tongyi Qianwen 2...
2023 Yunqi Conference Opening Alibaba Cai Chongxin: Creating the Most Open Cloud in the AI Era
On the morning of October 31st, the 2023 Yunqi Conference opened in Yunqi Town, Hangzhou. Alibaba Group Chairman Cai Chongxin delivered a speech at the opening ceremony, proposing that Alibaba "aims to create the most open cloud in the AI era"...
Alibaba International Station Officially Launches Foreign Trade AI "Business Assistant"
On October 26th, the reporter learned that Alibaba International's foreign trade AI product "Business Assistant" will be launched on November 1st and open to all merchants. It is understood that this is the first AI product that truly delves into the industry and forms a business model...
Industrial software is stuck in the neck! How come big companies like Alibaba and Tencent don't go into research and development?
In the digital era, internet giants such as Alibaba and Tencent have become representative enterprises in the Chinese business sector, towering like villas. However, at the same time, the field of industrial software is vividly likened to skyscrapers, which are larger and more complex than we imagine...
I can still hear big words! Alibaba has completed the "aging friendly" transformation of over 9000 drugs
Global Network Technology Comprehensive Report: Big words can still be heard! On October 23rd, the Double Ninth Festival, Alibaba Health teamed up with Alibaba Public Welfare to leverage digital technology advantages and add new features to the drug boxes of over 9000 Chinese medicine approved drugs. As long as you open the traceability code or "Rest assured on the code" on the scan kit of Taobao or Alipay and click "Drug description", you can not only find the "large" drug description, such as usage and dosage, indications, adverse reactions, contraindications and other information at a glance; You can also experience the voice broadcasting function, allowing drug instructions to be both visible and audible, effectively solving the medication safety issues caused by elderly people's inability to read and understand instructions...