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Revenue increased by 5% year-on-year to 236.5 billion yuan, Alibaba's Wu Yongming: After Taotian integrated with WeChat Pay, there is quite a large potential user growth space. | Direct access to earnings conference.
① Wu Yongming stated that for Taotian, the current strategy is to enhance profitability while increasing investment in user experience and various aspects from the merchant side; ② The demand for ai is still very early, and Alibaba Cloud will continue to invest in customer growth and technology, especially in the area of ai infrastructure.
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US stock market outlook | October retail sales data exceeded expectations, the three major futures indexes declined; cryptos concept stocks rose in pre-market trading! MSTR increased by over 3%, Coinbase rose by more than 2%.
It is reported that the usa Federal Trade Commission plans to investigate anti-competitive behavior in microsoft's cloud computing business; the Biden administration promotes the localization of semiconductors, and taiwan semiconductor receives $6.6 billion in funding from the CHIPS Act; is it truly attractive with a guaranteed 4.5% return? The total assets of mmf in the usa have surpassed $7 trillion for the first time.
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Top private equity funds in China expose the 'US stock report': the proportion of Chinese concept stocks continues to rise, with PDD Holdings and Apple being the focus of differences in components.
In the third quarter of this year, most Chinese private equity firms, such as Hillhouse, Gao Yi, and Jinglin, remained focused on Chinese concept stocks. However, Hillhouse and Jinglin chose to reduce their shareholding in pdd holdings, while Gao Yi opted to continue increasing its stake in pdd holdings.