Amount
Latest price
$114.78
(£1.00 = $1.241)
Number of shares (est.)
0
Market Cap
$264.491B
P/E ratio
22.86
EPS
$4.869
Beta
0.33
Dividend rate
$1.968
Dividend yield
1.77%
Alibaba Group Holding Ltd provides technology infrastructure and marketing platforms. The Company operates through seven segments. China Commerce segment includes China retail commerce businesses such as Taobao, Tmall and Freshippo, among others, and wholesale business. International Commerce segment includes international retail and wholesale commerce businesses such as Lazada and AliExpress. Local Consumer Services segment includes location-based businesses such as Ele.me, Amap, Fliggy and others. Cainiao segment includes domestic and international one-stop-shop logistics services and supply chain management solutions. Cloud segment provides public and hybrid cloud services like Alibaba Cloud and DingTalk for domestic and foreign enterprises. Digital Media and Entertainment segment includes Youku, Quark and Alibaba Pictures, other content and distribution platforms and online games business. Innovation Initiatives and Others segment include Damo Academy, Tmall Genie and others.
CEO
Mr. Lin Wan
Employees
204,891
Sector
Services
Company HQ
, Hong Kong
Website
Apple reportedly found a partner to help it bring its artificial intelligence features to devices in China. The iPhone maker is working with Chinese tech giant Alibaba to develop and launch its Apple Intelligence AI offering in the crucial market, The Information reported Tuesday (Feb. 11), citing an unnamed source.
According to a report published Tuesday by The Information, Apple is partnering Alibaba to bring its Apple Intelligence platform to China. The deal is said to arrive after the iPhone maker reportedly explored – but ultimately rejected – a potential partnership with uber-buzzy AI startup, DeepSeek, as well as with Bytedance.
Apple has teamed up with Chinese e-commerce giant Alibaba to develop artificial intelligence (AI) features for iPhones in China, a move seen as a strategic response to declining sales and growing local competition, according to The Information.
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