कोशिश गोल्ड - मुक्त
Alibaba Shows Progress in China AI Push, Lifting Shares
Financial Express Mumbai
|August 30, 2025
ALIBABA GROUP HOLDING reported a surge in revenue from China's AI boom, helping assuage investors nervous about the fallout from a worsening battle with Meituan and JD.com in internet commerce.
China's e-commerce leader reported a triple-digit percentage gain in AI-related product revenue as well as a better-than-anticipated 26% jump in sales from the cloud division—the business most closely tied to the post-DeepSeek artificial intelligence boom. Its shares gained more than 9% in US trading, after investors looked past a disappointing 2% rise in revenue and 3% decline in operating income to 35 billion yuan.
यह कहानी Financial Express Mumbai के August 30, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 9,500 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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SC upholds ethanol-petrol rollout, dismisses plea
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Non-IT sectors drive India's white-collar hiring in Aug
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Reliance Retail to License Pvt Labels to Consumer Biz
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Industry unsure of lower burden
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KPop Demon Hunters' Success Is No Surprise
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Trump targets India again
Says bilateral trade a one-sided disaster
2 mins
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Financial Express Mumbai
UPI Volumes Cross 20-Billion Mark in August
The number of transactions through the Unified Payments Interface (UPI) route crossed 20 billion in August, according to the National Payments Corporation of India (NPCI) data, released on Monday.
1 min
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