Alibaba Group

AliExpress Kicks Off Anniversary Sales Festival with Promotion Discounts Exceeding 2022 Black Friday Promotion

Retrieved on: 
Monday, March 20, 2023

HANGZHOU, China, March 20, 2023 /PRNewswire/ -- AliExpress, a global retail online marketplace part of Alibaba Group, today announced its anniversary sales festival to commemorate the launch of its new "AliExpress Choice" platform. AliExpress Choice is a curation of the best value products the platform has to offer, coupled with free shipping, free returns and delivery guarantees in some selected markets.

Key Points: 
  • "2023 marks a new milestone for AliExpress, the ability to offer our customers an enhanced e-commerce experience with the launch of AliExpress Choice.
  • We are excited to reward our customers during the AliExpress anniversary by hosting one of our biggest sales festivals of 2023," said Jason Liu, General Manager of AliExpress International Markets.
  • Starting from 20 to 26 March 2023, the AliExpress anniversary sales festival is one of the platform's most extensive discount events of the year, with reductions set to surpass Black Friday.
  • AliExpress customers can enjoy an average discount of 30% off for selected products, alongside flash sales starting from as little as USD0.99.

Think Equity: Society Pass (Nasdaq: SOPA) - Path to Profitability

Retrieved on: 
Tuesday, March 14, 2023

NEW YORK, Mar 14, 2023 - (ACN Newswire) - Think Equity, LLC ("Think Equity") issues research report on Society Pass Inc. (Nasdaq: SOPA) ("SoPa"), Southeast Asia's (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem.

Key Points: 
  • NEW YORK, Mar 14, 2023 - (ACN Newswire) - Think Equity, LLC ("Think Equity") issues research report on Society Pass Inc. (Nasdaq: SOPA) ("SoPa"), Southeast Asia's (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem.
  • Click Here (on Society Pass website) to view the full Think Equity research report.
  • https://thesocietypass.com/wp-content/uploads/2022/09/ThinkEquity_Societ...
    - Path to Profitability - Revenues are forecast to grow from $6 million in 2022 to $42 million in 2023.
  • - Travel - With NusaTrip acquisition, Society Pass has on-boarded a total of 3.3 million registered users and over 200,000 registered merchants.

Think Equity: Society Pass (Nasdaq: SOPA) – Path to Profitability

Retrieved on: 
Tuesday, March 14, 2023

NEW YORK, NY, March 14, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Think Equity, LLC (“Think Equity”) issues research report on Society Pass Inc. (Nasdaq: SOPA) (“SoPa”), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem.

Key Points: 
  • NEW YORK, NY, March 14, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Think Equity, LLC (“Think Equity”) issues research report on Society Pass Inc. (Nasdaq: SOPA) (“SoPa”), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem.
  • Click Here (on Society Pass website) to view the full Think Equity research report.
  • • Path to Profitability – Revenues are forecast to grow from $6 million in 2022 to $42 million in 2023.
  • • Travel – With NusaTrip acquisition, Society Pass has on-boarded a total of 3.3 million registered users and over 200,000 registered merchants.

Mysten Labs Partners With Alibaba Cloud to Support the Growth of the Sui Ecosystem

Retrieved on: 
Tuesday, March 7, 2023

Mysten Labs (“Mysten” or the “Company”), a Web3 infrastructure company and initial developer of the Sui Layer 1 blockchain, today announced the signing of a Memorandum of Understanding (“MOU”) with Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group.

Key Points: 
  • Mysten Labs (“Mysten” or the “Company”), a Web3 infrastructure company and initial developer of the Sui Layer 1 blockchain, today announced the signing of a Memorandum of Understanding (“MOU”) with Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group.
  • Under the terms of the MOU, Alibaba Cloud will aim to provide archival node services and secure cloud infrastructure services for validators as part of Sui Testnet to better serve developers and customers by creating a more user-friendly and immersive experience.
  • View the full release here: https://www.businesswire.com/news/home/20230307005511/en/
    Alibaba Cloud is Asia Pacific’s largest cloud services provider.
  • Evan Cheng, Co-Founder and Chief Executive Officer of Mysten, said, “Alibaba Cloud has demonstrated a strong commitment to facilitating the growth of Web3 with its trusted and secure cloud infrastructure.

Quantum Computing Market Size Worth USD 8,487.60 Million in 2032 | Emergen Research

Retrieved on: 
Tuesday, March 7, 2023

VANCOUVER, BC, March 7, 2023 /PRNewswire/ -- The Quantum Computing market size was valued at USD 604.00 Million in 2022 and is expected to reach USD 8,487.60 Million in 2032 registering a CAGR of 30.2% during the forecast period, according to the latest analysis by Emergen Research.

Key Points: 
  • VANCOUVER, BC, March 7, 2023 /PRNewswire/ -- The Quantum Computing market size was valued at USD 604.00 Million in 2022 and is expected to reach USD 8,487.60 Million in 2032 registering a CAGR of 30.2% during the forecast period, according to the latest analysis by Emergen Research.
  • The rising demand for high-performance computing, advancements in artificial intelligence and machine learning, and increasing investments in quantum computing technology are some of the key factors driving the growth of the Quantum Computing market.
  • Quantum computing offers significantly higher computing power compared to traditional computing methods, which is particularly useful in the analysis of complex data sets.
  • The high cost of quantum computing hardware and the complexity of quantum computing algorithms are among the key factors that could hinder the growth of the market.

Quantum Computing Market Size Worth USD 8,487.60 Million in 2032 | Emergen Research

Retrieved on: 
Tuesday, March 7, 2023

VANCOUVER, BC, March 7, 2023 /PRNewswire/ -- The Quantum Computing market size was valued at USD 604.00 Million in 2022 and is expected to reach USD 8,487.60 Million in 2032 registering a CAGR of 30.2% during the forecast period, according to the latest analysis by Emergen Research.

Key Points: 
  • VANCOUVER, BC, March 7, 2023 /PRNewswire/ -- The Quantum Computing market size was valued at USD 604.00 Million in 2022 and is expected to reach USD 8,487.60 Million in 2032 registering a CAGR of 30.2% during the forecast period, according to the latest analysis by Emergen Research.
  • The rising demand for high-performance computing, advancements in artificial intelligence and machine learning, and increasing investments in quantum computing technology are some of the key factors driving the growth of the Quantum Computing market.
  • Quantum computing offers significantly higher computing power compared to traditional computing methods, which is particularly useful in the analysis of complex data sets.
  • The high cost of quantum computing hardware and the complexity of quantum computing algorithms are among the key factors that could hinder the growth of the market.

Alibaba Global E-Commerce Challenge Open for Applications to Young Talent Worldwide

Retrieved on: 
Monday, March 6, 2023

HANGZHOU, China, March 6, 2023 /PRNewswire/ -- Alibaba Group (NYSE: BABA and HKEX: 9988, "Alibaba" or "Alibaba Group") has launched the 2023 Alibaba Global E-Commerce Challenge to identify young talent for the future of its international e-commerce operations. The competition is open to university students around the world who are interested in tackling day-to-day e-commerce business challenges with innovative solutions. Candidates will have an opportunity to receive coaching from dedicated Alibaba mentors, while also standing a chance to gain awards and job opportunities in Alibaba's Global Digital Commerce (GDC) unit.

Key Points: 
  • HANGZHOU, China, March 6, 2023 /PRNewswire/ -- Alibaba Group (NYSE: BABA and HKEX: 9988, "Alibaba" or "Alibaba Group") has launched the 2023 Alibaba Global E-Commerce Challenge to identify young talent for the future of its international e-commerce operations.
  • "Through the Global E-Commerce Challenge, we aim to identify high-caliber business leaders of tomorrow for our operations worldwide.
  • First introduced in 2021, the Global E-commerce Challenge by Alibaba is targeted at talented technical and business minds of tomorrow.
  • Last year, the Global E-commerce Challenge saw participation from 42 teams of students from around the globe.

Alibaba.com Releases its Guide to Stay Competitive and Thrive in 2023 to Help American Business Owners Retain and Grow Share of Wallet Amidst Volatile Economic Conditions

Retrieved on: 
Wednesday, March 1, 2023

NEW YORK, March 1, 2023 /PRNewswire/ -- Alibaba.com, one of the world's largest B2B e-commerce marketplaces, a business unit of Alibaba Group (NYSE: BABA), today released its 2023 recommendations for small businesses in the United States trying to navigate rapidly changing consumer decision making with its Guide to Stay Competitive and Thrive.

Key Points: 
  • "We at Alibaba.com are happy to provide resources, such as support in finding more cost-efficient suppliers and logistics services, to help business owners not only survive volatile market conditions but grow their business and thrive."
  • Go Where the Growth Is: Essential vs. Non-Essential Product Category Growth
    Volatile economic conditions in the United States have led to reduced consumer spending with 53% "holding back" on non-essentials¹.
  • Spending on essentials has experienced less of a decrease as shown by grocery spend only dropping 24%.
  • So, across industries, non-essential products are still seeing growth, but it is slowing due to a decrease in demand.

AliExpress Launches AliExpress Choice and Announces First-Ever Choice Day

Retrieved on: 
Tuesday, February 28, 2023

HANGZHOU, China, Feb. 28, 2023 /PRNewswire/ -- AliExpress, a global retail online marketplace part of Alibaba Group, officially announces the launch of a new service "AliExpress Choice", which will offer a curation of the best value products the platform has to offer and a new monthly shopping event "Choice Day".

Key Points: 
  • From March 1, 2023, AliExpress Choice will provide customers in selected countries with free shipping, free returns, delivery guarantees and even more affordable prices.
  • "We're very excited to announce the launch of AliExpress Choice and our inaugural AliExpress Choice Day shopping event," said Jason Liu, General Manager of AliExpress International Markets.
  • The First-Ever AliExpress Choice Day Starting from March 1, 2023
    What's more, March 1, 2023 will see the launch of the first AliExpress Choice Day – a monthly shopping event which will offer even greater value to customers for a limited period.
  • To celebrate the first AliExpress Choice Day, AliExpress is thrilled to announce South Korean-American Hollywood actor, Don Lee, as its Brand Ambassador in South Korea.

Alibaba.com is coming to Gulfood

Retrieved on: 
Tuesday, February 21, 2023

DUBAI, UAE, Feb. 21, 2023 /PRNewswire/ -- Day 1 of Gulfood Inspire Conference was nothing short of inspiring!

Key Points: 
  • DUBAI, UAE, Feb. 21, 2023 /PRNewswire/ -- Day 1 of Gulfood Inspire Conference was nothing short of inspiring!
  • Industry leaders, innovators, and experts from around the world came together to discuss the future of food and sustainability.
  • Representative of Alibaba.com delivers the address at the Gulfood Inspire Conference and discusses the basic introduction of Alibaba.com, the latest Food and Beverage trend of Alibaba.com, also the coming opportunities for UAE's market.
  • The cooperation between Dubai Exports and Alibaba.com will increase Dubai's companies' knowledge of e-commerce, cross-border trade and digital transformation, as well as create more opportunities to exports into global market.