* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Monday, July 14, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Entertainment Business Master’s Grad Launched Nonprofit to Nurture Emerging Artists – Full Sail University

    Entertainment Business Master’s Grad Launched Nonprofit to Nurture Emerging Artists – Full Sail University

    Review: At the Huntington, the New Hollywood String Quartet recalls legendary studio musicians – Los Angeles Times

    Review: At the Huntington, the New Hollywood String Quartet recalls legendary studio musicians – Los Angeles Times

    Kehoe repeals paid sick leave, allows several counties in the Ozarks to have entertainment districts in bill signings – KY3

    Kehoe repeals paid sick leave, allows several counties in the Ozarks to have entertainment districts in bill signings – KY3

    Emily Deschanel was scolded during “Bones” season 1 for being ‘late and unprepared’: ‘I was just beside myself’ – Yahoo

    Emily Deschanel was scolded during “Bones” season 1 for being ‘late and unprepared’: ‘I was just beside myself’ – Yahoo

    How you can see new movies early – Yahoo

    Unlock the Secret to Watching New Movies Before Everyone Else!

    Immersive sports and entertainment venue Cosm set to build its 5th location in Cleveland – WKYC

    Cosm Reveals Exciting Vision for Its 5th Immersive Sports and Entertainment Venue in Cleveland

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Sentrycs’ Cyber Over RF technology integrated into Rafael’s combat-proven Drone Dome system – Defence Industry Europe

    Sentrycs’ Cyber Over RF Technology Boosts Rafael’s Battle-Tested Drone Dome System

    Nordic Air Defence raises $3 million to expand operations and advance drone defence technology – Defence Industry Europe

    Nordic Air Defence Lands $3 Million to Transform Drone Defense and Supercharge Operations

    China’s energy dominance in three charts – MIT Technology Review

    How China Is Powering Its Energy Dominance: A Visual Breakdown

    Meta Acquires AI Startup PlayAI to Enhance Voice Technology Capa – GuruFocus

    Meta Acquires AI Startup PlayAI to Revolutionize Voice Technology Capabilities

    Stallion Uranium Provides Update on Technology Data Acquisition Agreement – GlobeNewswire

    Stallion Uranium Announces Exciting Progress in Technology Data Acquisition Agreement

    2025 WE Local Prague Recap: Inspiring Women in Engineering and Technology – Society of Women Engineers

    2025 WE Local Prague Recap: Inspiring Women in Engineering and Technology – Society of Women Engineers

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Entertainment Business Master’s Grad Launched Nonprofit to Nurture Emerging Artists – Full Sail University

    Entertainment Business Master’s Grad Launched Nonprofit to Nurture Emerging Artists – Full Sail University

    Review: At the Huntington, the New Hollywood String Quartet recalls legendary studio musicians – Los Angeles Times

    Review: At the Huntington, the New Hollywood String Quartet recalls legendary studio musicians – Los Angeles Times

    Kehoe repeals paid sick leave, allows several counties in the Ozarks to have entertainment districts in bill signings – KY3

    Kehoe repeals paid sick leave, allows several counties in the Ozarks to have entertainment districts in bill signings – KY3

    Emily Deschanel was scolded during “Bones” season 1 for being ‘late and unprepared’: ‘I was just beside myself’ – Yahoo

    Emily Deschanel was scolded during “Bones” season 1 for being ‘late and unprepared’: ‘I was just beside myself’ – Yahoo

    How you can see new movies early – Yahoo

    Unlock the Secret to Watching New Movies Before Everyone Else!

    Immersive sports and entertainment venue Cosm set to build its 5th location in Cleveland – WKYC

    Cosm Reveals Exciting Vision for Its 5th Immersive Sports and Entertainment Venue in Cleveland

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Sentrycs’ Cyber Over RF technology integrated into Rafael’s combat-proven Drone Dome system – Defence Industry Europe

    Sentrycs’ Cyber Over RF Technology Boosts Rafael’s Battle-Tested Drone Dome System

    Nordic Air Defence raises $3 million to expand operations and advance drone defence technology – Defence Industry Europe

    Nordic Air Defence Lands $3 Million to Transform Drone Defense and Supercharge Operations

    China’s energy dominance in three charts – MIT Technology Review

    How China Is Powering Its Energy Dominance: A Visual Breakdown

    Meta Acquires AI Startup PlayAI to Enhance Voice Technology Capa – GuruFocus

    Meta Acquires AI Startup PlayAI to Revolutionize Voice Technology Capabilities

    Stallion Uranium Provides Update on Technology Data Acquisition Agreement – GlobeNewswire

    Stallion Uranium Announces Exciting Progress in Technology Data Acquisition Agreement

    2025 WE Local Prague Recap: Inspiring Women in Engineering and Technology – Society of Women Engineers

    2025 WE Local Prague Recap: Inspiring Women in Engineering and Technology – Society of Women Engineers

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Technology

Jiang Fan: Alibaba International Continues Rapid Growth Despite Uncertain International Market Environment

November 20, 2023
in Technology
Jiang Fan: Alibaba International Continues Rapid Growth Despite Uncertain International Market Environment
Share on FacebookShare on Twitter

Alibaba Group released its financial report for the quarter ended September 30, 2023. Overall, it has delivered a robust performance over the past quarter, with a revenue of $30,810 million, representing 9% year-over-year growth, along with a healthy growth in Adjusted EBITA – $5,872 million, a 18% year-on-year increase – driven by revenue growth and improved operating efficiency.

Taobao and Tmall Group continue to be the largest revenue contributor, while Alibaba International Digital Commerce Group, or Alibaba International, exhibits the fastest growth rate among all six major business groups.

During his first earnings call as CEO of Alibaba Group, Eddie Wu outlined the three key priorities for Alibaba Group’s next decade: technology-driven internet platform businesses, AI-driven technology businesses, and global commerce network. He then delved into the strategy for the global commerce network, which is built on three pillars:

• Alibaba Group will accelerate efforts to establish a world-leading digitalized supply chain network by leveraging multiple world-leading merchandise centers and a high-efficiency logistics network that covers major international markets.
• Alibaba Group will develop world-leading AI and overseas digital retail technologies to drive efficiency enhancements and user experience innovations across platforms and regional markets.
• Alibaba Group will achieve breakthroughs in key emerging regional markets in the next few years by scaling up investment in selected high-potential regional markets and capitalizing on highly certain growth opportunities.

Jiang Fan Announced Three Key Factors that Contributed to Alibaba International’s Sustained Growth

During the September quarter, the total revenue from Alibaba International, increased by 53% year-over-year. Wholesale business shows steady performance, with a 9% year-on-year increase in revenue, while the retail business grows at a faster speed – an astonishing 73%. The combined order growth of Alibaba International’s retail businesses was approximately 28% year-over-year, driven by solid performance from all major retail platforms.

Pandaily learnt that on the earnings call, CEO of Alibaba International, Jiang Fan, attributed the positive growth to three major factors:
• The launch of “Choice”, the 1P model launched by AliExpress early this year that offers benefits such as free shipping, free returns and quality delivery guarantees, has improved the business model and supply chain services for AliExpress, providing better control of product selection and quality, faster logistics, and enhanced consumer experience. Working with Cainiao Smart Logistics, Choice offers services such as 3-5 day delivery globally, free shipping, and hassle-free returns. The program has been successful in South Korea and has now been expanded to Spain, the UK, Belgium, and other European countries.”In a few more quarters from now, Choice will account for more than 50% of the number of orders at AliExpress,” said Jiang Fan, CEO of Alibaba International.
• Alibaba.com launched new AI-based digital products for foreign trade, showcasing its commitment to product technology innovation. The AI products are integrated throughout the entire foreign trade value chain, including smart merchandise launch and management, market analysis, customer interaction, and real-time translation for video chats. These products help merchants export their goods to global markets more efficiently and achieve higher operating efficiency with certainty.
• Alibaba International has also achieved shared growth in different regional markets worldwide, with Lazada’s robust double-digit order growth in Southeast Asia and Trendyol’s expansion in Turkey and the surrounding region. In South Korea, AliExpress rose to one of the top three mainstream e-commerce platforms in just six months. In Germany, Alibaba.com recently acquired a leading local B2B platform, “Visible,” and will now operate with dual brands in Europe and conduct business through multiple B2B digital trade platforms, further promoting Alibaba International’s global expansion.

AliExpress (Source: https://www.alibabagroup.com)

During the earnings call, Jiang Fan also briefly discussed Alibaba International’s future development strategy, stating, “We will actively invest in these areas to achieve growth. The mission of Alibaba International is to help global SMEs engage in digital trade. In the future, we will continue to create long-term value for global merchants and consumers through product and technology innovation and consumer service upgrades, and we will continue to support merchants in achieving sustained business growth on our platform.”

The business landscape of Alibaba International can be roughly divided into two parts: the wholesale business, represented by Alibaba.com, and the retail business, composed of a number of platforms including Lazada, AliExpress, Trendyol, Daraz, and Miravia.

Since Alibaba‘s organizational restructure in March this year, Alibaba International has attracted abundant attention with its remakably rapid growth under the leadership of Jiang Fan. Since Q4 2022, Alibaba International’s retail business has been soaring, maintaining double-digit year-on-year growth, and the rate has been rising ever more rapidly. In the first three quarters of this year, the year-on-year growth rates were 41%, 60%, and 73% respectively.

In the first three quarters of this year, Alibaba International’s adjusted EBITA losses were RMB 2.33 billion, RMB 420 million, and RMB 384 million respectively. The amount of losses in September quarter has significantly narrowed, with a year-on-year decrease of 49% compared to the same period last year.

In addition to the AI products launched by Alibaba.com, Pandaily previously reported that Alibaba International has recently introduced an AI-powered suite “Aidge” that aims to enhance the efficiency of the trading process globally.

SEE ALSO: Alibaba International Launches ‘Aidge’, an AI Suite to Enhance Global Commerce Operations

Built on a self-developed large language model and computer visions, Aidge is positioned on the PaaS platform and is open for testing applications to global SaaS and ISV providers. It supports 18 languages currently and helps merchants quickly generate localized graphics, text, and videos for design and marketing purposes, thereby improving order conversion efficiency.

According to Alibaba International, Aidge has rolled out its services to merchants on its own e-commerce platforms, and intends to serve more SMEs through collaborations with business partners. It is currently inviting SaaS partners and ISVs to participate. The official website (www.aidc-ai.com) is open for pilot-testing applications and a staged rollout by region is anticipated by the end of this year.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Pandaily – https://pandaily.com/jiang-fan-alibaba-international-continues-rapid-growth-despite-uncertain-international-market-environment/

Tags: internationalJiangtechnology
Previous Post

OnePlus 12 to be Released on OnePlus 10th Anniversary Event

Next Post

79 Best Early Black Friday Kitchen Deals of 2023

Spatio-Temporal Geographic Networks for Value Co-Creation and Technology Transfer in China with Patent Data – Nature

Unlocking Innovation: How Spatio-Temporal Geographic Networks Fuel Value Co-Creation and Technology Transfer in China

July 14, 2025
2025 MLB Draft tracker, results: Live updates, complete list of every pick, first-round analysis – CBS Sports

2025 MLB Draft tracker, results: Live updates, complete list of every pick, first-round analysis – CBS Sports

July 14, 2025
Canids as pollinators? Nectar foraging by Ethiopian wolves may contribute to the pollination of Kniphofia foliosa – ESA Journals

Could Ethiopian Wolves Be Unexpected Pollinators of Kniphofia foliosa?

July 14, 2025
Guest Opinion: Science is stronger with robust federal funding – Palo Alto Online

Why Strong Federal Funding is Essential for Advancing Science

July 14, 2025
Weight loss may ‘rejuvenate’ fat tissues, clearing away aged cells – Live Science

Weight Loss Could ‘Rejuvenate’ Fat Tissue by Clearing Out Old Cells

July 14, 2025
If your goal is to glow up, say goodbye to these 10 daily decisions – VegOut

10 Daily Habits to Ditch Now for a Stunning Glow-Up

July 14, 2025
‘We’ve never seen a team do this to PSG’ – how Chelsea won Club World Cup – BBC

Unbelievable Comeback: How Chelsea Shocked PSG to Clinch the Club World Cup!

July 14, 2025
India will become $10 trillion economy over next decade, GCCs to contribute $0.5 trillion – The Economic Times

India Poised to Become a $10 Trillion Economy Within a Decade, Powered by GCCs Driving $0.5 Trillion Growth

July 14, 2025
Entertainment Business Master’s Grad Launched Nonprofit to Nurture Emerging Artists – Full Sail University

Entertainment Business Master’s Grad Launched Nonprofit to Nurture Emerging Artists – Full Sail University

July 14, 2025
11 lessons for health tech startups from one of UpToDate’s creators – STAT

11 Essential Lessons for Health Tech Startups from a Leading Industry Innovator

July 14, 2025

Categories

Archives

July 2025
MTWTFSS
 123456
78910111213
14151617181920
21222324252627
28293031 
« Jun    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (721)
  • Economy (743)
  • Entertainment (21,631)
  • General (15,893)
  • Health (9,781)
  • Lifestyle (751)
  • News (22,149)
  • People (745)
  • Politics (754)
  • Science (15,962)
  • Sports (21,242)
  • Technology (15,728)
  • World (727)

Recent News

Spatio-Temporal Geographic Networks for Value Co-Creation and Technology Transfer in China with Patent Data – Nature

Unlocking Innovation: How Spatio-Temporal Geographic Networks Fuel Value Co-Creation and Technology Transfer in China

July 14, 2025
2025 MLB Draft tracker, results: Live updates, complete list of every pick, first-round analysis – CBS Sports

2025 MLB Draft tracker, results: Live updates, complete list of every pick, first-round analysis – CBS Sports

July 14, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version