Alibaba said Tuesday it is canceling the proposed initial public offering of its Cainiao smart logistics unit. The company ...
Alibaba remained committed to the geographical diversification of its logistics and e-commerce units and advancing its artificial intelligence endeavors. The stock has lost 17% in the last 12 months.
Alibaba's core e-commerce business is stabilizing, with projected CMR growth and expanding EBITDA margins driven by AI-driven logistics and monetization strategies. International commerce is ...
Similarly, AI will enhance Alibaba's other operations, such as logistics and fintech. Still, Alibaba will generate income directly from offering its AI services, predominantly in its cloud ...
Alibaba beats Q3 estimates with 8% revenue ... and Ele.me and revenue growth from marketing services. Cainiao Smart Logistics Network Limited’s revenue decreased 1% year over year to $3.87 ...