ALIBABA GRPALIBABA GRPALIBABA GRP

ALIBABA GRP

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What's happening today with ALIBABA GRP

  • Alibaba boosts AI by launching Tongyi Qianwen for developers, adding a 72-billion-parameter AI and an audio model, aiming to improve services and compete globally.
  • Alibaba has reduced cloud service prices for international clients by up to 59%, extending its competitive pricing strategy beyond China to attract more global users.
  • Joe Tsai, Alibaba co-founder, said U.S. tech limits impact China's AI growth, affecting Alibaba's cloud sector, leading to a search for alternative tech.
What else is happeningWhat else is happening
Market capitalization
‪177.79 B‬USD
‪10.58 B‬USD
‪126.70 B‬USD
‪2.39 B‬
Beta (1Y)
0.77

About ALIBABA GRP

CEO
Yong Ming Eddie Wu
Headquarters
Hangzhou
Employees (FY)
‪235.22 K‬
Founded
1999
ISIN
US01609W1027
FIGI
BBG00DGYRF60
Alibaba Group Holding Ltd. engages in providing technology infrastructure and marketing reach. It operates through the following business segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others segments. The Core Commerce segment consists of platforms operating in retail and wholesale. The China Commerce segment includes China commerce retail and wholesale businesses. The International Commerce segment focuses on international commerce retail and wholesale businesses. The Local Consumer Services segment is involved in To-Home businesses, which include Ele.me, local services and delivery platform, and Taoxianda, and To-Destination segment businesses which include Amap, the provider of mobile digital map, navigation and real-time traffic information, and restaurant and local services guide platform. The Cainiao segment has Cainiao Network and offers domestic and international one-stop-shop logistics services and supply chain management solution. The Cloud segment includes Alibaba Cloud and DingTalk. The company was founded by Chung Tsai and Yun Ma on June 28, 1999 and is headquartered in Hangzhou, China.
Performance
Revenue to profit conversion
Debt level and coverage
Earnings
Next:
‪0.00‬

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An aggregate view of professional's ratings.
Neutral
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