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Alibaba

🌎 alibaba.com

Alibaba.com is the leading platform for global wholesale trade, serving millions of buyers and suppliers worldwide. It facilitates B2B, C2C, and B2C sales, primarily connecting manufacturers and distributors, especially from China and other manufacturing countries, with businesses looking to source products. The platform offers a vast range of products across various categories and aims to simplify international trade for small businesses.

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Alibaba - Latest News and Updates

• Alibaba has opened its French market, offering access to 47 million users and 200,000 professional sellers across 200 countries.
• Alibaba introduced an AI Agent feature to simplify negotiations with real-time summaries and instant answers about products and suppliers.
• Alibaba introduced a new feature called 'Perfect Match' that uses AI to help users find products and suppliers through multimodal search.
• Alibaba launched a new feature called Super Comparison to help users discover and compare products from top suppliers.
• Alibaba introduced a new feature called Product Inspiration to help users discover product ideas using real-time market data and social media trends.

• On November 12, 2024, Alibaba launched an AI-powered search engine called Accio to help small businesses in Europe and the Americas source supplies.
• Alibaba will release its quarterly earnings report on November 15, 2024, with analysts expecting a 3% decline in EPS and a 6% increase in revenue year-over-year.
• Alibaba's international division, including Lazada and AliExpress, grew revenue by 35% in Q2, while its domestic division saw only 1% sales growth.
• DingTalk, a workplace collaboration app developed by Alibaba, hit over $200 million in annual recurring revenue in the first half of its 2025 financial year and aims to break even in 2025.
• Alibaba missed second-quarter revenue estimates due to weak consumer spending in China but saw strong growth in its cloud and international businesses.

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