The Alibaba International Digital Commerce Group plans to launch an artificial intelligence (AI)-powered “conversational sourcing engine” in September.This new tool will facilitate the global B2B sourcing process for small- to medium-sized businesses (SMBs) by enabling quicker, easier searches for potential business partners and products, the company said in a Wednesday (July 31) press release.“Traditional search engines evaluate web page importance through interlinking, credibility and ad spend,” Kuo Zhang ...

Amazon.com (AMZN) and Alibaba (BABA) usually dominate the headlines in the e-commerce space, which is no surprise considering their combined market cap surpasses $2 billion. However, there are other stocks in the sector with intriguing technical setups that are worth monitoring.Etsy Inc (NASDAQ:ETSY) stock is down 9.5% at $58.97 at last check today, following the company's mixed second-quarter report. Though earnings beat estimates on consistent demand for personalized gifts, revenue came in below expectati ...

PARIS, FRANCE - JULY 17: Logo of Alibaba, a Chinese multinational technology company specializing ... [+] in e-commerce, retail, internet, and technology, and a Worldwide Olympic Partner, on July 17, 2024, in Paris France. (Photo by Artur Widak/NurPhoto via Getty Images)NurPhoto via Getty ImagesChinese e-commerce and cloud behemoth Alibaba stock stock has been a weak performer this year, rising by just about 1% since early January. In comparison, its U.S.-based peer Amazon has gained 21% over the same perio ...

Which of these Chinese e-commerce leaders is the better investment?JD.com (JD -0.94%) and Alibaba (BABA -0.79%) are two of the largest e-commerce companies in China. JD.com is the country's largest direct retailer by annual revenue, while Alibaba's Taobao and Tmall are its top third-party online marketplaces.Both of these stocks were once considered promising blue chip plays on China's economic growth. But their stock prices both declined more than 70% from all-time highs as they grappled with macro, compet ...

Alibaba (BABA) closed the most recent trading day at $78, moving -0.79% from the previous trading session. This change lagged the S&P 500's 0.5% loss on the day. Meanwhile, the Dow experienced a rise of 0.5%, and the technology-dominated Nasdaq saw a decrease of 1.28%.Coming into today, shares of the online retailer had gained 8.92% in the past month. In that same time, the Retail-Wholesale sector lost 1.37%, while the S&P 500 gained 0.1%.Analysts and investors alike will be keeping a close eye on the perfo ...

China's e-commerce giant just can't shake off the pessimistic rhetoric. But nothing lasts forever.It's been a tough past few years for Alibaba Group Holding (BABA 2.73%), and, by extension, for shareholders. The stock's down 76% from its late 2020 peak, unable to hold into the gains driven during and because of the COVID-19 pandemic. It's still dwindling, too, now back within sight of the multi-year low made in late 2022. Investors just see too many lingering red flags.As veteran investors know, though, you ...

Key TakeawaysAlibaba reportedly will charge vendors on its Tmall and Taobao platforms a 0.6% service fee starting in September.Rival e-commerce firms PDD Holdings, JD.com, and TikTok-parent ByteDance have each made the switch to percentage fees in recent years.Shares of the company closed higher in Hong Kong and its American depositary receipts (ADRs) also were up Monday. Alibaba Group Holding (BABA) reportedly announced plans to institute a software service fee for merchants, sending its American depositar ...

A new merchant fee gave the stock a boost.Shares of Alibaba (BABA 2.45%) were moving higher on reports that it's planning to increase a service fee for merchants. The news was enough to lift shares of the struggling Chinese e-commerce stock by 3.2% as of 10:45 a.m. ET.Alibaba scores a winAccording to media reports, Alibaba will begin charging a basic software service fee of 0.6% on transactions for vendors on both its Tmall and Taobao marketplaces. The move leverages the company's leading e-commerce platfor ...

Alibaba (NYSE:BABA) stock is advancing more than 2%after Bloomberg reported that the Chinese e-commerce giant would start charging most merchants on its platforms a new fee. The conglomerate reportedly generates the majority of its e-commerce revenue with “customer management fees,” the news service noted.Meanwhile, Alibaba’s cloud unit increased the fees that it charges for domain names.Alibaba’s Price HikesThe e-commerce giant will begin requiring most merchants on its Chinese Taobao and Tmall e-commerce ...

About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...