Alibaba Group

AliExpress Order Volume Surges 60%, Driven by Choice

Retrieved on: 
Thursday, February 8, 2024

The catalyst behind this robust growth is AliExpress' Choice, a premium service introduced in March 2023.

Key Points: 
  • The catalyst behind this robust growth is AliExpress' Choice, a premium service introduced in March 2023.
  • Thanks to Choice, customers in a growing number of markets now enjoy perks including free shipping, assured on-time delivery and free returns.
  • In January 2024, nearly half of the AliExpress orders were placed through Choice, underscoring the service's rapidly increasing customer adoption.
  • Gary Topp, AliExpress European Commercial Director, expressed enthusiasm about Choice's impact: "The introduction of Choice represents a watershed moment for AliExpress.

OFFICIAL PARIS 2024 HOSPITALITY PROVIDER, ON LOCATION, PARTNERS WITH FLIGGY TO LAUNCH CHINA ECOMMERCE STORE

Retrieved on: 
Monday, February 5, 2024

HANGZHOU, China, Feb. 5, 2024 /PRNewswire/ -- On Location, the Official Hospitality Provider for the Olympic Games Paris 2024, and Fliggy, a leading online travel platform and wholly-owned subsidiary of Alibaba Group (NYSE: BABA and HKEX: 9988), today announced the official launch of the Olympic Games Paris 2024 Hospitality eCommerce store in China. The opening of the digital store on Fliggy's platform marks the start of a new partnership between the two companies, with Fliggy now an important e-commerce partner for On Location in China. This is the first dedicated site for consumers in China to access hospitality packages for the upcoming Olympic Games Paris 2024.

Key Points: 
  • HANGZHOU, China, Feb. 5, 2024 /PRNewswire/ -- On Location, the Official Hospitality Provider for the Olympic Games Paris 2024, and Fliggy, a leading online travel platform and wholly-owned subsidiary of Alibaba Group (NYSE: BABA and HKEX: 9988), today announced the official launch of the Olympic Games Paris 2024 Hospitality eCommerce store in China.
  • This is the first dedicated site for consumers in China to access hospitality packages for the upcoming Olympic Games Paris 2024.
  • With the exception of the Paris 2024 Ticketing Program, the official Paris 2024 Hospitality Program is the only risk-free way to secure attendance to the Games as these are the only official and safe sources to buy tickets and hospitality packages for the Olympic and Paralympic Games Paris 2024.
  • A variety of hospitality packages are already available for purchase at the Paris 2024 Olympic Games Hospitality flagship store on Fliggy, with more packages to be added in the coming months.

Alibaba Cloud Unveils Serverless Solution to Harness Gen-AI Capabilities for Enterprises

Retrieved on: 
Monday, February 5, 2024

In March 2024, the serverless version is scheduled to expand its capabilities to support the deployment of prominent open-source LLMs and models from Alibaba's AI model community, ModelScope.

Key Points: 
  • In March 2024, the serverless version is scheduled to expand its capabilities to support the deployment of prominent open-source LLMs and models from Alibaba's AI model community, ModelScope.
  • "Alibaba Cloud continues to remain at the forefront of AI and cloud technology innovation.
  • To foster enhanced creativity among designers, Alibaba Cloud has introduced PAI-Artlab, a comprehensive platform for model training and image generation.
  • These new models are based on the open-source Tongyi Qianwen LLMs, namely the Qwen-7B and Qwen-14B, developed by Alibaba Cloud.

Alibaba Cloud Unveils Serverless Solution to Harness Gen-AI Capabilities for Enterprises

Retrieved on: 
Monday, February 5, 2024

SINGAPORE - Media OutReach Newswire - 30 January 2024 - Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, unveiled a serverless version of its Platform for AI (PAI)-Elastic Algorithm Service (EAS), designed to offer a cost-efficient solution for model deployment and inference to individuals and enterprises.

Key Points: 
  • SINGAPORE - Media OutReach Newswire - 30 January 2024 - Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, unveiled a serverless version of its Platform for AI (PAI)-Elastic Algorithm Service (EAS), designed to offer a cost-efficient solution for model deployment and inference to individuals and enterprises.
  • "Alibaba Cloud continues to remain at the forefront of AI and cloud technology innovation.
  • To foster enhanced creativity among designers, Alibaba Cloud has introduced PAI-Artlab, a comprehensive platform for model training and image generation.
  • These new models are based on the open-source Tongyi Qianwen LLMs, namely the Qwen-7B and Qwen-14B, developed by Alibaba Cloud.

Alibaba Cloud Supports the First Winter Youth Olympic Games in Asia to Enhance Efficiency and Engagement

Retrieved on: 
Tuesday, January 30, 2024

As the official cloud services partner of the IOC, Alibaba Cloud continues to foster a more efficient Winter Youth Olympic Games and maximise the engagement for sports fans.

Key Points: 
  • As the official cloud services partner of the IOC, Alibaba Cloud continues to foster a more efficient Winter Youth Olympic Games and maximise the engagement for sports fans.
  • As Asia's first Winter Youth Olympic Games, the Gangwon 2024 Organizing Committee has deployed its major platforms for operations, including the staff management portal and ticketing system, on Alibaba Cloud's scalable and secure cloud infrastructure to optimize efficiency.
  • The digital flame, displayed at a 8.6m*2.5m*2.7m physical "cauldron" stationed at the Olympic Park in Gangwon, is to be lit throughout the Winter Youth Olympic Games.
  • To inspire the young generation in South Korea to unleash their creativity, the Gangwon 2024 Organizing Committee have partnered with Alibaba Cloud to host the "Gangwon 2024 Winter Youth Olympic Games Alibaba Cloud Hackathon".

FPT Software Becomes Alibaba Cloud Managed Service Partner, Boasting New Cooperation Prospects

Retrieved on: 
Thursday, January 25, 2024

Global leading technology company FPT Software recently announced a partnership with Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, solidifying its position as a Global Managed Service Partner (MSP).

Key Points: 
  • Global leading technology company FPT Software recently announced a partnership with Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, solidifying its position as a Global Managed Service Partner (MSP).
  • View the full release here: https://www.businesswire.com/news/home/20240124421661/en/
    As part of the Alibaba Cloud International MSP Program, FPT Software’s Alibaba Cloud expertise is now further bolstered with customized enablement support, technical support, and training from the leading cloud provider, covering a variety of vertical solutions in both public and hybrid cloud.
  • FPT Software targets to have 100 Alibaba Cloud-certified resources by 2025 to facilitate the rising business demands of Alibaba Cloud in MEA and APAC.
  • Alibaba Cloud is a leading global cloud service provider, currently operating 89 available zones in 30 regions worldwide.

Global E-Commerce Market Forecast Report 2023-2030: Digitalization and Technology Drive the Multi-Trillion Market's Meteoric Rise - ResearchAndMarkets.com

Retrieved on: 
Friday, January 19, 2024

Like different market segments, the retail sector is also witnessing great revolution thanks to the continued digitalization, and the arrival of Abstract advanced technology.

Key Points: 
  • Like different market segments, the retail sector is also witnessing great revolution thanks to the continued digitalization, and the arrival of Abstract advanced technology.
  • Global e-commerce marketing is becoming an critical element of companies strategy, in which, it contributes significantly to the monetary improvement of a country.
  • Online advertising tools inclusive of Google classified ads Instagram, wechat and Facebook commercials additionally drive global e-commerce market growth.
  • Apparel and add-ons reign best in the global e-commerce market, securing the very best market share.

Alibaba.com Reveals Growing Global Interest in Wellness as Buyers Prioritise Feeling and Looking Good

Retrieved on: 
Monday, January 22, 2024

LONDON, Jan. 22, 2024 /PRNewswire/ -- Alibaba.com, a leading platform for global business-to-business (B2B) e-commerce, today reveals its top B2B beauty trends. It has found that the Beauty & Personal Care category is the fourth largest on the platform and the UK is the second largest market, falling closely behind the US.

Key Points: 
  • LONDON, Jan. 22, 2024 /PRNewswire/ -- Alibaba.com , a leading platform for global business-to-business (B2B) e-commerce, today reveals its top B2B beauty trends.
  • An increased focus on wellness generally has led to a rise in the category's growth.
  • [1] Furthermore, Alibaba.com's data highlights that the number of buyers in the beauty and cosmetics sector has increased by 12% year-on-year.
  • The UK is in the top three core growth markets with 19% YoY growth, behind France (+24%), and Germany (+27%).

Warehouse Automation Market Opportunities worth $44 Billion by 2028 - LogisticsIQ

Retrieved on: 
Wednesday, January 17, 2024

NEW DELHI, Jan. 17, 2024 /PRNewswire/ -- As per LogisticsIQ latest market research and analysis, warehouse automation market is expected to touch the mark of $44 Billion by 2028, at a CAGR of almost 15% between 2023 and 2028.

Key Points: 
  • NEW DELHI, Jan. 17, 2024 /PRNewswire/ -- As per LogisticsIQ latest market research and analysis, warehouse automation market is expected to touch the mark of $44 Billion by 2028, at a CAGR of almost 15% between 2023 and 2028.
  • Download a Free Sample of our report on the Warehouse Automation Market.
  • Year 2021 witnessed a huge order intake for warehouse automation companies but revenue growth was limited due to supply chain constraints.
  • AGV and AMR market is expected to be biggest market in 2028 with a CAGR of ~30%.

Warehouse Automation Market Opportunities worth $44 Billion by 2028 - LogisticsIQ

Retrieved on: 
Wednesday, January 17, 2024

NEW DELHI, Jan. 17, 2024 /PRNewswire/ -- As per LogisticsIQ latest market research and analysis, warehouse automation market is expected to touch the mark of $44 Billion by 2028, at a CAGR of almost 15% between 2023 and 2028.

Key Points: 
  • NEW DELHI, Jan. 17, 2024 /PRNewswire/ -- As per LogisticsIQ latest market research and analysis, warehouse automation market is expected to touch the mark of $44 Billion by 2028, at a CAGR of almost 15% between 2023 and 2028.
  • Download a Free Sample of our report on the Warehouse Automation Market.
  • Year 2021 witnessed a huge order intake for warehouse automation companies but revenue growth was limited due to supply chain constraints.
  • AGV and AMR market is expected to be biggest market in 2028 with a CAGR of ~30%.