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Alibaba's core profit plunges 84% even as AI and cloud growth accelerate
- 1vuio0pswjnm7 6mo ago"While cloud has been a bright spot for Alibaba, driven by AI demand in China, investors have been grappling with the company’s continued investments into so-called quick or instant commerce. This is a shopping service that allows users to get good with super-fast delivery speeds under an hour, and it has become somewhat of a battleground for China’s e-commerce giants."
- 1vuio0pswjnm7 6mo agohttps://apnews.com/article/amazon-30-minute-delivery-ultrafast-cities-6d22ea18737c99098ff7e6a4ee918bf3 https://apnews.com/article/amazon-30-minute-delivery-ultrafa...