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Alibaba, navigating sea change, reorients business towards bread-and-butter e-commerce and AI, pares down overhaul

Alibaba, navigating sea change, reorients business towards bread-and-butter e-commerce and AI, pares down overhaul
ieyenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ieyenews.com Daily Mail and Mail on Sunday newspapers.

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Alibaba Sped Up Buybacks With $4.8 Billion of Shares Bought in March Quarter -- Update

By Tracy Qu


Chinese e-commerce giant Alibaba Group staged its second highest quarterly buyback on record, spending $4.8 billion on shares in the first three months of 2024, as its stock neared...

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Alibaba Sped Up Buybacks With $4.8 Billion of Shares Bought in March Quarter — Update

Alibaba Sped Up Buybacks With $4.8 Billion of Shares Bought in March Quarter — Update
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With Currys' buyout, China's JD.com could get hungered short-cut to Europe expansion, ET Retail

Jd.com: JD's interest in the struggling retailer, unveiled on Monday, underscores the Chinese firm's efforts to deepen its overseas presence as a counterweight to weak demand and cut-throat competition in its domestic market, analysts said.

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With Currys buyout, China's JD.com could get hungered short-cut to Europe expansion

BEIJING/LONDON, Feb 21 -
If JD.com does acquire British electronics
retailer Currys, the Chinese ecommerce giant JD.com
would get the store and warehouse...

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Analysis - With Currys buyout, China's JD.com could get hungered short-cut to Europe expansion By Reuters

Analysis - With Currys buyout, China's JD.com could get hungered short-cut to Europe expansion By Reuters
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Analysis - With Currys buyout, China's JD.com could get hungered short-cut to Europe expansion

If JD.com does acquire British electronics retailer Currys, the Chinese ecommerce giant JD.com would get the store and warehouse network it needs to expand rapidly in the UK and Europe, at a bargain-basement price. JD's interest in the struggling retailer, unveiled on Monday, underscores the Chinese firm's efforts to deepen its overseas presence as a counterweight to weak demand and cut-throat competition in its domestic market, analysts said.

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Analysis – With Currys buyout, China's JD.com could get hungered short-cut to Europe expansion

By Casey Hall, Sophie Yu and Helen Reid BEIJING/LONDON (Reuters) - If JD.com does acquire British electronics retailer Currys, the Chinese ecommerce giant JD.com would get the store and warehouse network it needs to expand rapidly in the UK and Eur...

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JD.com's interest in UK retailer Currys underscores weakness in China

Acquiring Currys would give JD.com access to Currys' 21 warehouses across the UK and Ireland, and 800 leasehold stores in eight countries.

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