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Dec 8, 2021 · Hangzhou, China, December 8, 2021 - Alibaba Group Holding Limited (NYSE: BABA, HKEX: 9988, “Alibaba Group”) today announced that it will host a virtual 2021 Investor Day on December 16-17, 2021 China Standard Time. Speakers will include Daniel Zhang (Chairman and Chief Executive Officer), Maggie Wu (Chief Financial Officer), Toby Xu (Deputy ...
Dec 8, 2021 · Alibaba Group today announced that it will host a virtual 2021 Investor Day on December 16-17, 2021 China Standard Time.
Hangzhou, China, December 8, 2021 - Alibaba Group Holding Limited (NYSE: BABA, HKEX: 9988, “Alibaba Group”) today announced that it will host a virtual 2021 Investor Day on December 16-17, 2021 China Standard Time. Speakers will include Daniel Zhang (Chairman and Chief Executive Officer), Maggie Wu (Chief Financial Officer), Toby Xu (Deputy ...
Dec 8, 2021 · Alibaba Group Holding Limited today announced that it will host a virtual 2021 Investor Day on December 16-17, 2021 China Standard Time.
- Less-Developed Areas
- Multi-App Strategy
- Local Services
- Globalization
With total retail sales surpassing RMB15 trillion (US$2.36 trillion) in 2020, less-developed areas in China — including lower-tier cities and rural areas — hold significant growth potential for Alibaba. E-commerce penetration in these areas is growing rapidly, with e-commerce GMV in rural China up five-fold between 2015 and 2020, according to offic...
Alibaba’s retail marketplaces served nearly 900 million annual active consumers (AACs) in China as of Sept. 30, with diverse ever-changing needs. Optimizing a multi-app strategy to address different consumer segments — from young consumers to elderly users — will bring in more opportunities for the company, said Jiang Fan, the President of Taobao, ...
The market for local services is expected to reach RMB35 trillion by 2025, according to market research firm iResearch. To tap into this fast-growing market, Alibaba is doubling down in local services to instantly meet consumers’ needs. Since July, Alibaba’s location-based services, including Ele.me, Koubei, Amap, and Fliggy, have been combined und...
Alibaba is making strides towards its long-term goal of serving two billion consumers worldwide with expansion across Southeast Asia and a strong global logistics infrastructure, according to company executives. Lazadagrew across six Southeast Asian markets, driving the number of its annual active consumers up by 80% in the last 18 months to 130 mi...
Dec 17, 2021 · Alibaba (NYSE: BABA) stock is on the move Friday following the company’s investor day yesterday and today that highlights its future plans. Source: Kevin Chen Photography / Shutterstock.com....
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Dec 28, 2021 · This Investor Day presentation helps to address the concerns of investors and most importantly reassure investors that the company does have a plan to get itself back on track. With over 8 different presentation decks and almost 200 slides, Alibaba shared many insights.