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The Latest Breaking News from Alibaba

Asian Markets Mostly Up, Hong Kong Boosted By Alibaba Rally

Most Asian markets rose Wednesday, with Hong Kong leading the pack for a second day following reports Alibaba's co-founders had bought huge stakes in the firm, a day after it emerged China was planning a blockbuster boost for the country's stuttering equities.

International Business Times

Chinese Stocks Surge On Market Rescue Plan Report

Chinese stocks soared on a report that authorities are mulling a market rescue plan, including Alibaba, JD.com and Hong Kong's Hang Seng.

Investors Business Daily

Why Amazon (AMZN) and Alibaba (BABA) Should Be on Your Radar in 2024

The increasing need for online services and the prevalence of e-commerce present favorable prospects for both Amazon.com (AMZN) and Alibaba Group Holding (BABA). Let’s assess their fundamentals to understand why these stocks are worth owning….

StockNews.com

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Even your TikTok dances aren't safe from AI training

Alibaba's Animate Anyone is trained on over 300 TikTok videos.

Creative Bloq

Is Beaten-Down Xpeng Motors Stock a Buy Ahead of Make-or-Break 2024?

Xpeng Motors stock has dropped sharply from its 2023 highs amid the sell-off in Chinese stocks. However, 2024 is set to be a crucial year for the company, and if it can execute on the plans that it has outlined, Xpeng stock could see much better days.

Barchart

10 2024 Stock Picks From An Investing Expert

These 2024 stock picks have the potential to beat the market over the next 12 months.

Kiplinger

Baidu's ChatGPT Rival Ernie Bot Surpasses 100 Million Users

US-based AI startup OpenAI's ChatGPT reached 100 million weekly active users in November last year.

International Business Times UK

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2 Cheap, Undervalued Tech Stocks That Look Set for a 2024 Rebound

Despite U.S. stock markets trading near their all-time highs, PayPal and Alibaba are two cheap and undervalued stocks that could rebound in 2024.

Barchart

JD.com Triumphs in Antimonopoly Battle with Alibaba

JD.com emerges victorious in a groundbreaking antimonopoly lawsuit against Alibaba, marking a major win in the fierce battle for dominance in the Chinese i...

Top News

US court rejects Chinese ecommerce giant Alibaba's effort to quash faked Squishmallows case

A judge in New York has ruled that Alibaba must face a lawsuit by a U.S. toymaker alleging that the Chinese ecommerce giant's online platforms were used to sell counterfeit Squishmallows

The Independent UK

China Approves 105 Video Games After Tencent, NetEase Dive On Proposed Gaming Rules

China OK'd 105 video games as regulators try to ease concerns after proposed new rules slammed Tencent, NetEase and other gaming stocks Friday.

Investors Business Daily

Alibaba is replacing its e-commerce head after just nine months in the job as it tries to beat back Pinduoduo- and Temu-owner PDD

Eddie Wu, Alibaba Group CEO, is now taking direct control over the tech giant's e-commerce division.

Fortune

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Caixin Global

Shanghai Composite Index Fell 1.03% on Wednesday

Shenzhen Component Index closed down 1.41%

The Independent UK

China's Alibaba names CEO Eddie Wu to head its e-commerce business as its growth falters

China's Alibaba Group says its CEO Eddie Wu will head its core e-commerce business, as the company seeks to drive growth and fend off fast-growing online shopping rivals like Pinduoduo

Caixin Global

Shanghai Composite Index Rose 0.05% on Tuesday

Shenzhen Component Index closed up 0.11%

The Street

A global money transfer CEO explains the fix to a major problem

In an exclusive interview with TheStreet, John Caplan talks about how Payoneer solves a pressing banking issue.

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Barchart

2 Best ETFs to Buy for 2024, Based on Analysts' Forecasts for U.S. Stocks

With most analysts predicting low single-digit returns from U.S. stocks in 2024, the VanEck Gold Miners ETF and KraneShares CSI China Internet ETF are two exchange-traded funds (ETFs) that look like good buys for 2024.

Investors Business Daily

Alibaba, JD.com, Baidu, These Miners Rise On Chinese Data, Stimulus

BABA stock bounced Friday as Alibaba led Chinese stocks higher, including JD.com and Baidu. But will the latest stimulus efforts pan out?

StockNews.com

Alibaba (BABA) vs. Trip.com (TCOM) - Analyzing the Gain Potential of China Stocks

Amid China's potential economic acceleration fueled by gradual stimulus measures, which of the two stocks, Alibaba (BABA) or Trip.com (TCOM), hold the key to superior gains at this juncture? Let’s find out….

The Conversation

Growth of autocracies will expand Chinese global influence via Belt and Road Initiative as it enters second decade

China currently faces daunting challenges in its domestic economy. But weakness in the real estate market and consumer spending at home is unlikely to stem its rising influence abroad.

Fortune

JD.com's billionaire founder tells employees not to 'lie flat' as Temu-owner PDD catches up to him and Alibaba founder Jack Ma

"We need to change, or there’s no way out for our company," JDD founder Richard Liu wrote in a post on the company's internal forum.

Investors Business Daily

Stock Market Reverses Higher After Powell Remarks; This Economic Index Weakest Since Dot-Com Bubble

The Innovator IBD 50 ETF outperformed with a 0.6% gain and could make its first close above the 200-day moving average since Sept. 12.

Investors Business Daily

PDD Stock Jumps As Temu Parent Company's Sales Soar Past Expectations

PDD stock jumped early Tuesday after Temu parent PDD Holdings reported 3Q earnings and sales that easily topped consensus.

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