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Tag Archives: Alibaba

The sale of Alibaba Singles Day did not live up to expectations

Alibaba founder Jack Ma attends the 5th World Congress for Zhejiang Entrepreneurs on November 13, 2019 at the Hangzhou International Expo Center in Hangzhou, Zhejiang Province, China. VCG | Visual China Group | Getty Images Co-founder Alibaba's Jack Ma said the company's performance on Singles Day exceeded expectations and the hot weather and the fact that the huge shopping event …

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Chaotic episodes of the Alibaba Singles & # 39; Day with a sale of $ 38 billion

Alibaba claims to have grossed more than $ 38 billion in retail sales, making it the largest shopping holiday in China. The retailer broke Amazon Prime Day records, which is estimated to have generated $ 5.8 billion in sales this year With the demise of the record-breaking shopping extravaganza, photos emerge of the high shipping requirements , E-commerce companies reportedly …

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Chinese e-commerce giant Alibaba offers US buyers free Bitcoin

Yes, you read that right. The company, which refused to allow its Chinese users to buy Bitcoin with Alipay, has now teamed with a New York-based BTC app to offer it on Singles Day for free. Receive Free Bitcoin on Singles Day As Part Of Ecommerce giant Alibaba wants to use the Bitcoin shopping app Lolli as a partner to …

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Singles Day – Prime Day or even Black Friday in China – generates billions in sales at Alibaba and JD.com

US buyers may be waiting on Thanksgiving and Black Friday to buy the year's best deals, but buyers across China have already spent billions on Monday, better known as Singles Day, the busiest online shopping day of the year. [19659002] Alibaba Group Holding Ltd. was founded in the 1990s by individual college students without a Valentine's Day date. BABA, -0.37% …

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Alibaba Singles & # 39; Day revenue was $ 13 billion for the first hour

Workers sort packages after the Singles Day shopping festival at a delivery company in Hengyang, Hunan, China on November 12, 2018. STR | AFP | Getty Images Chinese e-commerce giant Alibaba announced on Monday that its annual singles' Day Shopping Flash revenue was 91.2 billion yuan ($ 13 billion) within the first hour, an increase of 32 percent over the …

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It's time for Alibaba to kill the monster Jack Ma created

(Bloomberg Opinion) – The Alibaba Group Holding Ltd. should put her extravagant purchases for singles on the pasture. The annual November 11 event, which has been going on for a decade, began as a marketing gimmick for an emerging e-commerce company looking to attract a lot. And that did it. The 24-hour shopping period, with Alibaba and its suppliers offering …

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Other US retailers are taking part in Alibaba Singles & # 39; Day this year

Alibaba's annual e-commerce extravaganza is upon us. And with the Chinese retail giant promoting more brands, retailers around the world are getting ready for the biggest shopping event of the year. Alibaba's Singles' Day debuted on November 11, 2009, as a day for those who are not in romantic relationships to celebrate themselves by shopping online.The 24-hour phenomenon sets Amazon's …

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Alibaba Introduces AI Chip to Improve Cloud Plans and Reduce US Dependency

HONG KONG / TAIPEI – Alibaba Group Holding has unveiled its first self-developed artificial intelligence chip in data centers to reduce the dependence of the Chinese technology giant on US technology in times of continuing tensions between Beijing and Washington. The announcement also marks an important milestone in Alibaba's quest to become a serious hardware player. After embarking on e-commerce …

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Alibaba unveils Hanguang 800, an AI inference chip that significantly increases the speed of machine learning – TechCrunch

Alibaba Group today announced its first AI inference chip, a neural processing unit called the Hanguang 800, that says it can perform machine learning tasks much faster and more energy efficient. The chip, announced today at Alibaba Cloud's annual Apsara Computing conference in Hangzhou, is already being used for features on Alibaba's e-commerce sites, including product search and personalized referrals. …

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