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Alibaba integrated domestic and international e-commerce businesses, appointing a new leader to welcome the most important battle.
Jiang Fan will serve as the CEO of Alibaba's new e-commerce business group.
Express News | Tencent Holdings: Repurchased 1.72 million shares on November 21, totaling approximately 0.704 billion Hong Kong dollars, with a price range of 407.4-411.2 Hong Kong dollars per share.
Express News | baidu's Q3 adjusted net income was 5.886 billion yuan, a year-on-year decrease of 19%.
Daily active users 0.4 billion, Kleen AI revenue surpasses tens of millions! Kuaishou CEO Chen Yixiao: will explore diverse monetization methods.
AI has been a key focus of Kuaishou in recent years. The large AI video model of Kuaishou has been available since June this year, serving over 5 million users, generating a total of 51 million videos, and over 0.15 billion images.
Express News | Alibaba: On November 19, approximately 39.9922 million US dollars were spent to repurchase 3.6664 million shares.
Kuaishou's Q3 revenue increased by 11% year-on-year to 31.1 billion yuan, with the user base reaching a historical high.
Kuaishou's adjusted net income for Q3 was 3.948 billion yuan, a year-on-year increase of 24.4%, with average daily active users increasing by 5.4% to reach 0.408 billion.