Alibaba's Strong Earnings Report and Robust Double 11 Growth Highlight a New Trend of Value-Based Competition in E-commerce
Alibaba's Strong Earnings Report and Robust Double 11 Growth Highlight a New Trend of Value-Based Competition in E-commerceAlibaba Group released its second-quarter earnings report for fiscal year 2025 on the evening of November 15, showing that its core businesses maintained healthy growth momentum. During the subsequent analyst call, Wu Yongming, CEO of the Group, announced that Taobao and Tmall witnessed robust GMV growth during the recently concluded Double 11 shopping festival in 2024, and the platform also reached an all-time high in its monthly active users...
China's Digital Publishing Industry Shows Robust Growth, Led by Online Education and Web Comics
China's Digital Publishing Industry Shows Robust Growth, Led by Online Education and Web ComicsThe China Institute of Publishing Science recently released its "2023-2024 Annual Report on China's Digital Publishing Industry," revealing that China's digital publishing industry maintained robust growth in 2023, reaching a total scale of 161.7968 billion yuan, a year-on-year increase of 19...