Alibaba Group Holding Ltd is a leading multinational conglomerate specializing in e-commerce, retail, and technology. The company operates various online marketplaces that connect consumers and businesses, facilitating the sale of goods and services. Beyond e-commerce, Alibaba has diversified its offerings to include cloud computing, digital media, and entertainment, striving to empower businesses with innovative technology solutions. With a strong focus on integrating online and offline experiences, Alibaba continuously evolves its platform to meet consumer demands and optimize supply chain efficiency. The organization's mission is to make it easy to do business anywhere, leveraging its expansive reach to foster global commerce. Read More
China plastics industry has been the backbone of several industries. They have been able to make an impact in supplying the best quality plastic products to the global plastics industry. However, the situation seems to be changing due to some international market factors. So, in this article we will try to look at some points that are making China a crucial player in the global plastics industry.
Alibaba shares are trading higher on Monday after President Donald Trump and his administration announced consumer electronics are exempt from the 145% reciprocal tariffs on Chinese goods.
Alibaba's AI app Quark surpassed ByteDance's Doubao to become the most popular in China with 150M monthly active users. Alibaba's cloud unit also expands its AI platform.
Nvidia's stock has dropped 17.34% year-to-date, but the company has seen a reversal of planned export restrictions on its H20 AI chips to China after CEO Jensen Huang met with former President Trump at Mar-a-Lago.
The iShares China Large-Cap ETF rebounded Wednesday afternoon. Trump's announcement of a 125% tariff on Chinese imports meanwhile heightened investor fears over U.S.-China tensions.
As Washington doubles down on its trade war with China, and tariffs now going as high as 104%, some leading experts believe that the Middle Kingdom might have an ace up its sleeve, that could hit the United States where it hurts most—Services.
