News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
Alibaba Fan Jiang Confident in Improvement of Cross-border Biz in Next Few Mths
BABA-W (09988.HK)(BABA.US)'s Alibaba International Digital Commerce Group (AIDC) CEO, Fan Jiang, said at the financial report briefing that Alibaba's e-commerce business in...
Reset
Send
The window will close in 5 seconds
Alibaba Fan Jiang Confident in Improvement of Cross-border Biz in Next Few Mths
Close
Recommend
39
Positive
64
Negative
23
 
 

BABA-W (09988.HK)  +0.600 (+0.442%)    Short selling $700.55M; Ratio 11.957%   (BABA.US)      's Alibaba International Digital Commerce Group (AIDC) CEO, Fan Jiang, said at the financial report briefing that Alibaba's e-commerce business in China has been insisting on continuous innovation and optimization of the user experience, which has raised user stickiness, and insisting on optimization of the operational efficiency of merchants, with the long-term goal of stabilizing its market share.

As for the international business, he said, it covers To B business, cross-border business, and local platforms. Specially, To B business will be more stable in the next few years and bring lucrative profits, whereas To C business and cross-border business are also constantly optimized. The CEO is confident that the entire cross-border business will see improvement in the next few months.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-03-17 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

Related NewsUBS Sees Mid-double-digit Global AI Sector Returns This Yr, Favors AI Stocks w/ Large Mkt Value/ Leading Cloud Platforms/ Semiconductors

AAStocks Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.