Amazon.Com Inc (NASDAQ:AMZN) is set to launch a new section on its website dedicated to affordable fashion and lifestyle items, enabling Chinese sellers to ship directly to U.S. consumers. The storefront marks Amazon’s boldest move yet to counter rising competition from e-commerce platforms PDD Holdings Inc (NASDAQ:PDD) Temu and Shein. Chinese e-commerce stocks, ranging from Alibaba Group Holding (NYSE:BABA) to JD.Com, Inc (NASDAQ:JD) to PDD, are trading lower Thursday. Also Read: Alibaba Cloud’
Alibaba.com, a leading platform for global business-to-business (B2B) e-commerce and a unit of Alibaba International Digital Commerce Group, today honored businesses in their pursuit of success and global growth ahead of Micro-, Small and Medium-Sized Enterprise (MSME) Day on June 27. Reaffirming its dedication to supporting MSMEs, Alibaba.com said it has been rolling out artificial intelligence (AI) tools for global suppliers, which have so far attracted adoption by around 30,000 businesses on
Alibaba Group Holding is giving developer access on DingTalk to six Chinese artificial intelligence (AI) start-ups to expand generative AI features on the workplace messaging platform, in its latest bid to gain an edge in the increasingly competitive market. The Hangzhou-based e-commerce and cloud computing giant, which has built its own AI model Tongyi Qianwen, is partnering with MiniMax, Moonshot AI, Orionstar, Baichuan, Zhipu Ai and 01.AI to develop new AI functions for DingTalk, the platform