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19/03/2026
The main stock index in South Africa fell by 3.1% to 110,160.20.
Latest
4 m ago
Alibaba stated that the company has put its self-developed Pinto GPU into large-scale production.
4 m ago
Southbound funds bought a net total of HK$26.19 billion today.
5 m ago
Alibaba stated that after integrating the Taobao flash purchase service into the Qianwen app, users can place orders through conversational AI to further expand the consumer base and better meet the diverse needs of users. During the Lunar New Year, the activity of Qianwen app users significantly increased, further exerting influence in the real world. During the holiday season, Qianwen app assisted users in completing nearly 200 million orders, including holiday shopping, booking travel itineraries, and planning entertainment programs. The emergence of Qianwen app has reshaped the new AI-driven consumer habits and signifies a crucial step in the group's C-end AI strategy.
5 m ago
Alibaba: Real-time retail scale expands, AIDC continues to improve efficiency.
5 m ago
Alibaba, China's e-commerce group, saw its revenue grow by 6% year-on-year to 159.347 billion yuan, consolidating its competitive advantage with steady user growth. This quarter, the monthly active consumers on the Taobao app achieved a double-digit year-on-year increase, while the number of 88VIP members continued to grow by more than 59 million year-on-year. The scale of the instant retail business further expanded this quarter, improving user experience and optimizing operational efficiency. Benefiting from improved fulfillment logistics efficiency, improved order structure, and high customer retention rates, the revenue of the instant retail business increased by a year-on-year 56%, with unit economic benefits and average order value continuing to improve month-on-month.
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