Tag: Share

Alibaba Boosts E-Commerce Edge with AI, Despite Shrinking Market Share

Greta
Alibaba Boosts E-Commerce Edge with AI, Despite Shrinking Market Share
Alibaba Boosts E-Commerce Edge with AI, Despite Shrinking Market Share

Alibaba Boosts E-Commerce Edge with AI, Despite Shrinking Market Share

Alibaba Group Holding Ltd (NYSE:BABA), confronted by a fierce e-commerce market in China, is leveraging artificial intelligence to enhance its competitiveness.

On Alibaba’s Taobao platform, shoppers can utilize Wenwen, an AI chatbot, for personalized product recommendations, such as a Sony Group Corp (NYSE:SONY) camera priced at approximately $650, tailored to the user’s specifications, the Nikkei Asia reports.

Introduced in 2023, Wenwen is powered by Tongyi Qianwen, or Qwen, a large language model developed by Alibaba’s cloud division.

Also Read: Alibaba Stock Dips as Huge Investment Losses In Q4 Overshadow Revenue Growth and Dividend

In addition to aiding shoppers, Alibaba employs generative AI to streamline merchant operations, simplifying tasks like photo editing and virtual model creation.

Despite these innovations, Alibaba reported a net profit increase of 10% to 79.7 billion yuan ($11 billion) for the fiscal year ending March, with revenue growing 8% to 941.1 billion yuan.

Although Alibaba’s Taobao and Tmall platforms have seen their market share drop from 80% in 2017 to 37% in 2023, CEO Eddie Wu reported double-digit growth in gross merchandise value for these segments in the first quarter of the year.

Analysts flagged Alibaba’s double-digit year-on-year growth in GMV thanks to discounts. They expect cloud business to record double-digit growth in the back half of fiscal 2025.

BABA stock has lost over 4% in the last 12 months. Investors can gain exposure to the stock via Invesco Golden Dragon China ETF (NASDAQ:PGJ) and ProShares Online Retail ETF (NYSE:ONLN).

Price Action: BABA shares traded higher by 1.18% at $87.72 premarket at the last check on Friday.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Alibaba Photo Via Shutterstock

“ACTIVE INVESTORS’ SECRET WEAPON” Supercharge

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Experts share investment tips on building sustainable wealth

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Experts share investment tips on building sustainable wealth

Building long-term personal wealth requires financial education, community support, and customized strategies tailored to one’s situation and goals. At the Yahoo Finance Invest Summit, finance executives Tonya Rapley and Haley Sacks sit down with Yahoo Finance’s Rachelle Akuffo to share insights on how individuals can foster their own financial prosperity amid economic uncertainty.

Rapley, CEO of Her Legacy Media, notes that community conversations help break down stigma and create open dialogues around money management. However, she says financial firms must go further to guide people from just generically saving cash to taking educated actions like investing in one’s retirement.

Sacks, Founder and CEO of Finance is Cool, emphasizes that building wealth via investing is an ongoing process, not a one-time event. Regularly setting aside money each month to invest is important. She also stresses that financial education makes an immense difference in ending up with millions as opposed to just thousands. Still, Sacks cautioned against rashly rebalancing portfolios during periods of volatility in the market, stating “Don’t touch your face if you have pimples, and don’t touch your portfolio.”

Regarding wealth creation through real estate, Sacks and Rapley noted today’s high mortgage rates make renting a better option now versus buying a home for many consumers. They encouraged putting would-be down payments into other wealth vehicles instead.

Overall, Sacks and Rapley advocate for customized financial guidance and community support so people can make informed money decisions tailored to their situations, whether saving, investing in markets or real estate, or renting. The traditional image of the “American Dream” now looks different for everyone.

Click here to watch more from Yahoo Finance Invest.

Video Transcript

RACHELLE AKUFFO: Now, obviously in this day and age, we have rising interest rates. People are really feeling pinched at the moment. So sometimes it can be

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Medical Carts Market Forecast 2023 to 2032 : Business Development, Size, Share and Opportunities

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Medical Carts Market Forecast 2023 to 2032 : Business Development, Size, Share and Opportunities

The Brainy Insights, a single of the world’s prominent industry study firms has announced a novel report on International Healthcare Carts Industry. The report consists of essential insights on the market place which will support the clients to make the correct business conclusions. This investigation will assistance equally present and new aspirants for Clinical Carts market place to figure out and review the marketplace desires, market place dimension, and competition. The report incorporates knowledge concerning the offer and need scenario, the aggressive situation, and the issues for sector advancement, current market prospects, and the threats confronted by key players throughout the forecast interval of 2023-2032.

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The Health-related Carts Sector report supplies a in depth investigation of the world wide market place size, regional and region-degree industry size, segment expansion, industry share, competitive landscape, gross sales analysis, effect of domestic and worldwide current market players, worth chain optimization, trade rules, current developments, chance investigation, strategic market advancement examination, merchandise launches, and technological innovations.

The report delivers an in-depth evaluation of the growth and other factors of the market in key international locations which include the US, Canada, Mexico, Germany, France, the Uk, Russia, Italy, China, Japan, South Korea, India, Australia, Brazil, and Saudi Arabia. The competitive landscape chapter of the world market report presents crucial info about industry players these as business overview, total earnings (financials), current market likely, world wide presence, Health care Carts gross sales and revenue produced, market place share, selling prices, output sites and facilities, items offered, and procedures adopted. This review gives Medical Carts revenue, revenue, and marketplace share for each participant covered in this report for a period among 2023 and 2032.

Best Top Important Gamers are: Advantech Co. Ltd., Armstrong Health-related Inc., Capsa

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Die Cut Lids Market Share, Global Demand, Growth, SWOT Analysis, Business Development and Sales Forecast 2023-2030

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Die Cut Lids Market Share, Global Demand, Growth, SWOT Analysis, Business Development and Sales Forecast 2023-2030

Die Cut Lids Market Share, Global Demand, Growth, SWOT Analysis, Business Development and Sales Forecast 2023-2030

The latest research study released by Coherent Market Insights on “Die Cut Lids Market” with 100+ pages of analysis on business strategy taken up by emerging industry players, geographical scope, market segments, product landscape and price, and cost structure. It also assists in market segmentation according to the industry’s latest and upcoming trends to the bottom-most level, topographical markets, and key advancement from both market and technology-aligned perspectives. Each section of the Die Cut Lids Market business research report is specially prepared to investigate key aspects of the market. This document also entails a detailed analysis of the current applications and comparative analysis with a keen focus on the opportunities and threats and competitive analysis of major companies.

Furthermore, The report provides a detailed understanding of the market segments which have been formed by combining different prospects such as types, applications, and regions. Apart from this, the key driving factors, restraints, potential growth opportunities, and market challenges are also discussed in the report.

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5) SWOT analysis, PEST analysis, and Porter’s five force analysis

Top Companies Covered In This Report:

★ Amcor Limited
★ Bemis Inc.
★ Winpak Ltd.
★ Sealed Air Corporation
★ CLONDALKIN GROUP
★ Constantia Packaging
★ Watershed packaging Ltd
★ Berry Plastics Group Inc.
★ Uflex Ltd.
★ Tadbik Ltd.
★ Barger Packaging Inc.

Detailed Segmentation:

  • By Material Type:
    • Paper
    • Aluminum foil
    • Plastic
    • Others
  • By End User Industry:
    • Food Products
    • Beverages
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[2023-2029] PET Insulating Adhesive Tapes Market:Business Development, Size, Share and Opportunities

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Medical Carts Market Forecast 2023 to 2032 : Business Development, Size, Share and Opportunities

The investigate report by MarketsandResearch.biz, titled PET Insulating Adhesive Tapes Market attracts analysis, investigation, and estimations by applying responsible know-how all through the report. The report concentrates on prime players, current market segments, competitive landscape, and geographical growth. The report presents a detailed evaluation of key development motorists, vital segments, progress approaches, sector possibilities. The prime goal of this report is to guide the user in using critical conclusions connected to their small business. You will be capable to realize the world PET Insulating Adhesive Tapes market in conditions of its definition, segmentation, current market likely, influential traits, and the issues occurring in this marketplace. The report splits the market measurement, by volume and worth, on the basis of software variety and geography.

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International Market place Scope and Market place Dimension:

This world-wide PET Insulating Adhesive Tapes market place investigation report provides the marketplace with abundant insights and business enterprise remedies that will assistance you keep ahead of the competitors. The current market report gives company profiles, product or service specs, potential, generation price, and market place shares of every single enterprise for the forecasted interval of 2023-2029. In this internet marketing doc, marketplace trends are formulated on the macro amount which helps understand the current market place and attainable long run troubles. The research will also help viewers evaluate advancement segments in the business and valuable market overview and market place insights so that they can make strategic choices for the identification of core market programs.

Highlights on Offerings of the Exploration Report for Marketplace:

All round sector assessment is presented concerning field choices, area evaluation, and other necessities like (sizing of the current market, market profits, etc) of the sector all round. Sector drivers, market prospects, market place restraints,

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Surveying Equipment and Instruments Market Analysis, Business Development, Size, Share, Trends, Future Growth, Forecast to 2029

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Medical Carts Market Forecast 2023 to 2032 : Business Development, Size, Share and Opportunities

The Surveying Tools and Instruments Current market report offers qualitative and quantitative insights as very well as a comprehensive assessment of the industry sizing and expansion charge of all likely current market segments. The report has been set with each other employing principal and secondary study methodologies, which offer you an precise and in depth comprehending of the Surveying Devices and Instruments sector. The Surveying Equipment and Devices Sector is projected to triumph at a CAGR of 4.5% all through 2023 – 2029.

The investigate report on the international Surveying Machines and Instruments marketplace features a SWOT evaluation and Porter’s 5 forces examination, which assist in delivered that the precise path of the current market. These market measurement resources assist in identifying drivers, restraints, weaknesses, Surveying Equipment and Devices current market alternatives, and threats. The research report delivers world market figures as perfectly as figures for regional marketplaces and segments there. The analysts made use of a leading-down and bottom-up strategy to examine the segments and provide a good assessment of their result on the world wide Surveying Devices and Devices market. The report gives an outline of the sector, which briefly defines the market place ailment and the vital segments. It also mentions the leading players present in the global Surveying Machines and Instruments marketplace.

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Vital gamers which are protected in the world-wide Surveying Equipment and Devices market is: Hexagon,Topcon Positioning Units,Trimble,Hello-Goal,CHC-Navigation,Suzhou FOIF,Stonex,South Surveying & Mapping Instruments,CST/Berger,Dadi Surveying Science & Engineering,KOLIDA-INDEX

Global Surveying Equipment and Devices Current market Split by Merchandise Style and Apps

On the basis of Varieties:

GNSS Units

3D laser scanners

Controllers

Many others

On the basis of Software:

Design

Oil & Fuel

Agriculture

Mining

Other people

Regional and Country-amount Evaluation:

The critical regions lined in

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