商报讯(记者吕文鹃)阿里巴巴又有一项新变动。 6月23日，阿里巴巴集团CEO吴泳铭发布全员邮件，宣布即日起，饿了么、飞猪合并入阿里中国电商事 业群。范禹(花名)继续担任饿了么董事长兼CEO，向蒋凡汇报。南天(花名)继续担任飞猪CEO，向蒋凡 汇报。饿了么飞猪继续保持公司化管理模式，业务决策执行上与中国电商事业群集中目标、统一作战。 这一新变动标志着阿里电商平台开始向大消费平台转变。 阿里官宣重大业务调整涉及旗下旅行、即时零售板块 对于此次调整，吴泳铭在全员邮件中说，"这是我们从电商平台走向大消费平台的战略升级。未来，我 们将更多从用户角度出发优化整合业务模式和组织形态，为用户创造更丰富优质的生活消费体验。" 去年11月21日，阿里宣布成立阿里电商事业群，任命蒋凡担任CEO。该电商事业群全面整合淘宝天猫集 团、国际数字商业集团以及1688、闲鱼等电商业务，形成覆盖国内外全产业链的业务集群。继几大业务 并入电商事业群后，饿了么与飞猪的回归也被视为阿里向大消费平台转变的标志。 阿里将旗下旅游平台并入了被委以重任的阿里电商事业群，也让许多人联想到了上周刚刚官宣入局酒旅 的京东。上周三，在618大促即将收官的当日，京东 ...

Travel Industry Overview - Travel industry is experiencing a turbulent period due to macro uncertainty, but there's cautious optimism in the lodging sector [1] - Forward bookings have paused for about four months, around Liberation Day [3] - The 30-day booking window has decreased to approximately 20 days, indicating last-minute booking trends [3] - Luxury travel is holding up, while weakness is observed at the lower end [4] - Inbound tourism from Mexico and Canada remains weak, potentially due to a weaker dollar [5] International Travel Impact - International travelers account for a low to mid-single-digit percentage (3-5%) of US hotel stays, but certain resorts and gateway cities have a higher percentage [7] - Fewer outbound travels from Americans are expected, with more domestic holidays [8] - Inbound travel, characterized by longer stays, is expected to decline through the rest of 2025 [9] Lodging Stock Picks and Strategy - Hyatt is the top lodging pick, with a "buy" rating despite being down this year and over the past 12 months [9] - Hyatt is in the "fifth or sixth inning" of becoming asset-light, similar to Marriott and Hilton [11] - Hyatt is focusing on wellness and luxury customers, particularly in North America [12] - Hyatt has the biggest pipeline of new properties compared to its competitors [13] - Marriott and Hilton are rated neutral because their upside is already captured, and a resurgence in travel fundamentals is needed for further growth [14] - Hyatt is expected to close an acquisition of a Caribbean Mexican all-inclusive company for over $1 billion [15]

Core Viewpoint - Artificial intelligence (AI) is playing an increasingly important role in reshaping urban management and promoting sustainable regional economic development in Shanghai [1][10]. Policy and Government Initiatives - Shanghai has introduced a series of policies to support smart city construction and AI technology development, providing a broad space for AI applications in smart cities and guiding the intelligent upgrade of urban management systems [1]. - The Xuhui District government has launched six AI governance scenarios covering urban infrastructure, safety management, and industrial services, integrating technologies such as AI models, blockchain, and digital twins [7]. Industry Developments - China Mobile Shanghai has initiated a dual 10G AI capability upgrade action and established an "AI Cooperation Alliance" to promote the "AI+" action plan, enhancing digital transformation across various industries [3]. - Didi Enterprise has launched an "AI+ One-stop" business travel solution, introducing AI technology to address industry pain points such as fragmented travel processes and cost control [3][5]. Technological Applications - The AI Xiaodi travel assistant integrates multiple capabilities, including itinerary planning, multi-category recommendations, and in-trip services, streamlining the business travel booking process [5]. - The Shanghai LEGO Park is implementing a digital ecological management system to monitor operational dynamics and provide real-time data for effective management [7]. Digital Transformation and Smart Governance - Shanghai's digital transformation is driven by AI technology, enhancing the efficiency of government services and fostering a vibrant digital economy [10]. - The city has developed a comprehensive urban intelligent management platform that has undergone multiple upgrades, supporting over 80 application scenarios for daily, special, and emergency operations [9].

Core Insights - The article highlights significant developments in the global expansion of various companies, particularly focusing on TikTok's strategic adjustments in the U.S. and its investments in the UK, as well as the growth of e-commerce platforms in Southeast Asia and the Middle East [1][3][5][7][12]. TikTok Developments - TikTok Shop's U.S. operations are now managed by Chinese executives, aiming to replicate Asian market success after a disappointing sales performance, with 2024 sales expected to reach $9 billion, significantly below the $17.5 billion target [3]. - TikTok plans to expand its investment in the UK, establishing a new office in London and increasing its workforce to 3,000, with a total investment of approximately £140 million (around ¥1.36 billion) [5]. - The Southeast Asia TikTok Shop has relaxed entry requirements for sellers, leading to a GMV growth of over 200% in Thailand, surpassing the U.S. market [7]. E-commerce and Logistics Expansion - Temu is preparing to restore its full-service model in the U.S. by the end of July, with sellers advised to increase stock levels by 30%-40% in anticipation of order growth [9]. - AliExpress has launched a car sales business in the Middle East, focusing on Chinese electric vehicles, leveraging its existing automotive parts user base [12]. - JD Logistics has commenced operations in Saudi Arabia, recruiting over a thousand local employees to support its logistics network [14]. Travel and Tourism Sector - Trip.com, under CEO Sun Jie, aims to double its overseas revenue share in the next 3-5 years, reflecting a strategic shift towards international markets [19]. International Market Entries - Korean fashion e-commerce platform Musinsa plans to open stores in China and Japan as part of its global expansion strategy [28]. - Grab has publicly stated that it is not currently in discussions for a merger with GoTo, despite ongoing speculation [30]. Technology and Innovation - Ant Group's international division is seeking stablecoin licenses in Singapore and Hong Kong to enhance its blockchain business [17]. - Alibaba's international station launched the OKKI AiReach, an AI marketing tool that significantly improved marketing efficiency and customer engagement [21]. Investment and Financing - Glean, an AI startup, achieved a valuation of $7.2 billion in its latest funding round, marking a 57% increase [40]. - Disney plans to acquire full control of Hulu for approximately $4.39 billion, concluding a lengthy negotiation process [40].

Travel Trends - Price Line's research team coined the term "town sizing," indicating a trend where consumers seek quieter destinations and hometown experiences in smaller markets [3][4] - While smaller markets gain traction, major entertainment hubs like Orlando, New York, Los Angeles, San Francisco, Seattle, and San Diego remain popular [5][6] - Consumers prioritize summer vacations, adapting their travel patterns based on restrictions and costs [7] - Interest in longer vacations overseas, particularly to Asia (Japan) and Europe (Rome, Paris, London), continues into 2025 [8] - Travelers are exploring more affordable international destinations like Manila, Seoul, Prague, Istanbul, and Berlin, where five-star hotels can be found for under $200, and sometimes close to $100 per night [9][10] International Travel - Inbound travel to the US from Canada has decreased due to tariff policies, leading Canadians to seek alternative destinations like Mexico [11][12] - There has been a slight reduction in traffic coming into the US from Europe [13] Booking Tips - Flexibility in travel dates (shifting a day or two) can significantly reduce flight costs [14] - Price comparison and open-mindedness regarding destinations are recommended to find better deals [15] - Flight prices for overseas travel are favorable due to increased inventory [15][16] - Price Line offers products like Express Deals to help consumers find great value [17]

A First-Class Warning Sign: Wealthier Travelers Pull Back On Airfare During Uneasy Economy https://t.co/wrbXCmugfx ...

Investment Rating - The report indicates a bullish sentiment towards NVIDIA and its leadership in the inference market, particularly with the introduction of DeepSeek, which is expected to significantly expand the inference revenue pool [1][2]. Core Insights - NVIDIA is positioned as a leader in the inference market, with the DeepSeek model democratizing reasoning capabilities and potentially increasing token consumption per user by 13-20 times, leading to a twenty-fold expansion in the inference revenue pool [1]. - The GB200 architecture is designed for multi-GPU reasoning, transforming training chips into inference workhorses, which aligns with the growing demand for long-context inference [2]. - The report emphasizes that inference is eclipsing training in profit potential, prompting a shift in cloud capital expenditure towards sustained demand for accelerators [2]. - Open-source acceleration through DeepSeek is expected to optimize future models for NVIDIA's NVLink from inception, reinforcing its platform advantage [3]. - A breakthrough in combining Mixture-of-Experts with MLA compression technology is noted, which reduces memory usage while maintaining accuracy, thus bending the cost curve for large language models (LLMs) [4]. Summary by Sections NVIDIA - The DeepSeek model is a significant catalyst for expanding reasoning capabilities, with a model size of 671 billion parameters that enhances user engagement and revenue potential [1]. - The GB200 architecture is tailored for multi-GPU reasoning, enhancing NVIDIA's position in the inference market [2]. - The report highlights the shift in profit pools from training to inference, indicating a robust future for NVIDIA's cloud services [2]. - Open-source initiatives are expected to solidify NVIDIA's competitive edge by ensuring new models are optimized for its technology [3]. - Innovations in memory compression techniques are set to lower costs while preserving performance in LLMs [4]. ServiceNow - ServiceNow is experiencing tangible AI successes, with significant transformations in major accounts demonstrating real value [5]. - The company is rapidly monetizing its AI capabilities through Pro Plus and turnkey agents, indicating a shift in market perception of AI as essential [6]. - Federal revenue growth of 30% year-over-year showcases the strength of ServiceNow's vertical strategies [7]. - The company has engaged with over 40 Fortune 500 companies in AI design sessions, indicating strong demand for its services [7]. Twilio - Twilio's focus on AI-driven efficiency and high-margin products is expected to sustain margin growth [8]. - The company has achieved a significant increase in operating margins, with automation and AI expected to further enhance operational leverage [9]. - New software-centric products are projected to improve gross margins over time [10]. - Twilio's strategy emphasizes partnerships over building proprietary models, allowing for rapid deployment of AI solutions [11]. Booking Holdings - Booking Holdings aims for over 8% growth in bookings and revenue, with a focus on alternative accommodations outpacing traditional hotels [14][15]. - The company has successfully expanded into the flight booking sector, demonstrating rapid growth potential [35]. - Attractions revenue has surged by 92% year-over-year, indicating strong market demand [36]. Microchip Technology - Microchip Technology expresses optimism in the analog sector, supported by record bookings and backlog growth [16]. - The company has raised its revenue and EPS guidance based on strong demand data [17]. - Inventory management strategies are in place to recover gross margins to targeted levels [17][20]. Cisco Systems - Cisco Systems is positioned for a durable growth cycle, with a focus on disciplined spending and transparency [27]. - The company reports steady demand despite tariff concerns, with significant year-over-year growth in product bookings [28]. - Cisco is capitalizing on a multi-year AI networking cycle, with opportunities in various sectors [29].

Investment Rating - The report assigns an "Attractive" investment rating to the Internet industry in North America [2]. Core Insights - Internet stocks experienced a decline of 1% last week, with notable movements in major companies such as META and AMZN, both down by 2%, while GOOGL saw a slight increase of 1% [2][10]. - The delay of Trump's proposed 50% tariffs on the EU, originally set for June 1 and now postponed to July 9, impacted market performance negatively in the latter part of the week [2]. - The report highlights significant price movements for specific companies, with RDDT down 11%, ABNB down 8%, and U down 9% [2]. Summary by Sections Market Performance - The overall market performance for Internet names was a decline of 1%, with the S&P 500 and NASDAQ indices falling by 3% and 2% respectively [10]. - The market-cap weighted average for digital ads showed a slight decline of 0.3%, while e-commerce saw a decrease of 2.1% [5]. Company Valuations - Valuations for major companies are as follows: AMZN at 28X, GOOGL at 17X, and META at 23X for 2026 EPS, reflecting changes of -9%, -11%, and +4% compared to the trailing twelve months average [2]. - The report provides a comprehensive comparison of various companies' market caps, EV, and multiples, indicating a range of valuations across the sector [4]. Price Movements - The report details the price movements of key players, with AMZN and GOOGL showing short interest percentages of 0.7% and 1.2% respectively, while META had a short interest of 1.4% [7]. - The one-week price performance for selected companies indicates a mixed trend, with some companies like PTON showing a significant increase of 19.4% while others like RDDT faced a decline of 11% [5][7].

Core Viewpoint - Webuy Global Ltd. has successfully reinstated its listing on the Nasdaq Capital Market, marking a significant milestone in its recovery strategy and operational momentum [1][2]. Company Performance - The company has regained compliance with Nasdaq's minimum bid price requirement, following a comprehensive recovery strategy that included reverse stock splits and a successful appeal [2]. - In Q1 2025, Webuy reported substantial growth, particularly in its travel vertical, with over US$2.6 million in travel bookings, a 45% increase year-over-year [3]. - The travel business in Indonesia generated approximately US$1.25 million in revenue in Q1 2025, a remarkable increase of over 2,160% compared to US$55,000 in Q1 2024 [3]. Strategic Focus - The CEO emphasized the company's commitment to scaling high-margin verticals, enhancing its technology platform, and driving long-term shareholder value [4]. - Webuy plans to leverage its Nasdaq relisting to accelerate strategic initiatives across Southeast Asia, focusing on AI-driven e-commerce tools and community engagement [4]. Company Overview - Webuy Global Ltd. is a technology-driven company transforming community e-commerce and travel in Southeast Asia, utilizing predictive AI and community-led engagement [5].

Singapore, April 22, 2025 (GLOBE NEWSWIRE) -- Webuy Global Ltd. (OTC: WBUY), a technology-driven community e-commerce and travel platform in South East Asia, today announces that on April 22, 2025, the Company filed its 2024 annual report (Form 20-F) with the U.S. Securities and Exchange Commission. The report is available at www.sec.gov and the Company's investor relations website. Webuy Global Ltd. is a forward-thinking, technology-driven company aimed at becoming the leading e- commerce and travel platfo ...