Alibaba's Q1 revenue is 243.24 billion, emphasizing commercialization capabilities. Wu Yongming: Most businesses will break even within 1-2 years. | Live coverage of earnings conference

During the reporting period, Taotian Group contributed ¥113.373 billion, a decrease of 1.37% compared to the same period last year. Taotian Group's revenue has declined. 2) The number of paying users on Alibaba Cloud's AI platform Bailian grew by more than 200% compared to the previous quarter, and AI has driven Alibaba Cloud's growth. 3) The quarterly operating performance of SunArt Retail, Hema, Ali Health, and Lingxi Interactive Entertainment have also improved.

cls.cnAug 16 07:44

Losses and store closures have become a challenge for the retail industry! The industry needs more businesses like "Pandonglai" to transform.

According to Cailian Star Mining data, there are 10 listed supermarkets in A shares, including Better Life Commercial Chain Share, *ST Renle, and Yonghui Superstores, with a total loss of 3.305 billion yuan. Retail supermarkets are caught in a wave of store closures, and many companies are attempting to embrace the "Pinduoduo" model. To survive the cycle, retail supermarkets must have lower costs and absolute control over the supply chain.

cls.cnJun 5 11:24

The majority shareholder increased capital by 360 million yuan, general manager Chong Xiaobing responds to the transformation of Lianhua supermarket and how to solve the problem

① At a time when the traditional retail market is undergoing drastic changes, Lianhua supermarket received a premium capital increase from the majority shareholders; ② Why did the majority shareholders take action? Where will the funds received be used? Facing the industry situation, why is Lianhua supermarket promoting strengths and avoiding shortfalls and transformation and upgrading? Chong Xiaobing, general manager of Lianhua supermarket, responded to the above questions one by one.

cls.cnMay 27 11:34

Is Ali rumored to be sold again? The response is here!

Hema and Da Runfa responded: “Fake.”

Securities TimesMar 17 17:25

In 2024, the main battleground of retail will return to offline

Looking at the new rivalry between Allezi and Hema, let's see how the retail industry will fight a “cheap war” in 2024.

wallstreetcnJan 7 17:27

Ali's big move! Four more listed companies have transferred shares

① Following the equity change announcements issued by Yuantong Express, Macalline, and Beauty Beauty on December 1, announcing the withdrawal of Alibaba Network, 4 more A-share companies officially announced this matter on December 3. ② At the earnings conference, Alibaba executives mentioned that the group plans to increase ROIC (return on capital) to a double-digit level within the next few years.

cls.cnDec 4, 2023 08:32