Alibaba Group Holding Ltd is a leading multinational conglomerate specializing in e-commerce, retail, and technology. The company operates various online marketplaces that connect consumers and businesses, facilitating the sale of goods and services. Beyond e-commerce, Alibaba has diversified its offerings to include cloud computing, digital media, and entertainment, striving to empower businesses with innovative technology solutions. With a strong focus on integrating online and offline experiences, Alibaba continuously evolves its platform to meet consumer demands and optimize supply chain efficiency. The organization's mission is to make it easy to do business anywhere, leveraging its expansive reach to foster global commerce. Read More
From March 29 to 30, the Innovating Hong Kong Global Talent Carnival 2025 (Spring) was held at the AsiaWorld Expo. The event attracted over 400 renowned enterprises from home and abroad, including Matrixport, Tencent, Huawei Hong Kong, Alibaba Cloud, Xiao Hong Shu, Keeta, and Bank of China (Hong Kong). The event aimed to connect job seekers with nearly 20,000 employment opportunities in blockchain, finance, Internet, technology, education and other industries.
Oracle is expanding its AI infrastructure, but JPMorgan analyst Mark R. Murphy remains cautious due to potential oversupply. Oracle's data center push is promising, but it faces hurdles in keeping up with hyperscalers like Amazon and Boeing.
President Trump enacts a 34% tariff on imports from China, raising the total duties on Chinese goods to 54% and prompting swift criticism from Beijing.
Chinese tech giants ByteDance, Alibaba, and Tencent have placed over $16 billion in orders for Nvidia's H20 server chips, driven by increased demand for DeepSeek's low-cost AI models, amid ongoing supply challenges and U.S. export restrictions.
Analysts at Wedbush said that for Nvidia and other chipmakers with exposure to China and Taiwan supply chains, the worry will be around pricing and margin impacts amid the high tariffs.
Gorilla Tech, SMCI, Nvidia, GameStop, and Palantir Tech drew some of the most positive responses from poll participants. Interestingly, retail investors were not so optimistic about Tesla.
At Alibaba's historic 2014 IPO, Jack Ma shared his Forrest Gump-inspired philosophy, saying "No matter what happens, you are you," and today, 11 years later, the company has grown into a $319 billion e-commerce and digital services giant.
