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Three main things. Three main things. Reprioritising the core business, investing, All In on al for the Cloud Business and ai for the Cloud Business and in the commerce business, exploring and investing more in the international business. In terms of major specific initiatives i would say for investors what they need to watch is that it has been reported that alibaba will move to a fee based Model Charging for merchants, similar to what pinduoduo and others already do versus its current Business Model which is an annual Fee Plus Service fees. It will start in september and that could really change things up. We also got earnings fromjd. Com, one of alibabas key competitors. The chinese E Commerce Company Saw Net Revenue for April Tojune come in better than expected. Profits for the period also jumped by more than 70 . The reason for the strong result has been a Discounting Strategy that the company has engaged in since 2022. The stock was up over 4 on Wall Street. Democratic president
Elliot-barbour-hasEconomyStrategyReprioritisingConsumersCompetitionChinaPinduoduoCore-businessStrategiesCostControlsAll in on al for the Cloud Business and in the commerce business, exploring and investing more in the international business. In terms of major specific initiatives i would say for investors what they need to watch is that it has been reported that alibaba will move to a fee based Model Charging for merchants, similar to what pinduoduo and others already do versus its current Business Model which is an annual Fee Plus Service fees. It will start in september and that could really change things up. We also got earnings fromjd. Com, one of alibabas key competitors. The chinese E Commerce Company Saw Net Revenue for April Tojune come in better than expected. Profits for the period also jumped by more than 70 . The reason for the strong result has been a Discounting Strategy that the company has engaged in since 2022. The stock was up over 4 on Wall Street. Democratic president ial nominee Kamala Harris is set to unveil her economic plan on friday. The economy and the high Cost Of Living h
EconomyAlibabaSalesThingsRay-maChinaStrategyCore-businessReprioritisingCompetitionConsumersPinduoduo