[Individual stock trend]
25 March to 28 March
Last week, the S & P 500 rose 0.39%, the Nasdaq Composite fell 0.3%, and the Dow Jones Industries Average rose 0.84%.
Alibaba’s US stocks rose 0.32% last weekThe total turnover last week was 3.634 billion US dollars, and as of last week’s close, the US stock price was 72.36 US dollars; the US stock market fell 2.26% this month, 6.64% this year, and 29.18% in the past 52 weeks.
Last week, the Hang Seng Index rose 0.25% for the week, and the Hang Seng Technology Index rose 0.63%.
Alibaba-SW Hong Kong stocks fell 1.06% last weekLast week’s total turnover 15.277 billion Hong Kong dollars, as of last week’s close, the Hong Kong stock price was 70.25 Hong Kong dollars, the market value of 1.43 trillion Hong Kong dollars; Hong Kong stocks fell 3.64% this month, 7.08% this year, nearly 52 weeks down 30.03%.
[Company comparison]
[Related News]
Taobao plans to "reach the hour" globally this year and cooperate with commercial rocket companies to deliver express deliveries.
According to people familiar with the matter, domestic commercial rocket companies are jointly launching a pilot project to use the reusable technology of launch vehicles to deliver express deliveries. According to the rocket company, it is planned to conduct the first cargo rocket recovery test in the middle of the year and send the first Taobao space express. If the project goes well, Taobao will truly achieve "hourly delivery" on a global scale in the future. It is reported that the rocket company "Jianyuan Technology", which provides core technical support for the project, was established in November 2019. It is a private rocket company. Its main product is the "Yuanwalker No. 1" medium and large stainless steel reusable liquid launch vehicle. The first section of this model of rocket is designed with a express warehouse, with a volume of 120 cubic meters and a capacity to transport 10 tons of goods. (Sina Technology)
Hema requires some full-time employees to outsource
According to the Red Star Capital Bureau, recently, a full-time employee of Hema said on social media that he was asked by Hema to become an outsourced employee and sign a labor agreement with a third party to cancel five insurances and one housing fund. At the same time, Hema stores in some cities were closed, resulting in empty store containers. On March 28, a former employee who has left told reporters that he received a notice of termination of employment contract from Hema on March 9. On the 27th, the former employee has filed a labor arbitration with the labor and personnel dispute arbitration committee in his area, and will arbitrate the labor dispute over economic compensation in mid-April.
Xiaomi’s F-code resale has attracted heated debate, Xianyu warns transactions to be cautious
Recently, some netizens found that the re-sale information of Xiaomi’s F code appeared on the Xianyu platform, and the price range ranged from more than 800 yuan to hundreds of thousands of yuan, which aroused widespread attention in the market. Regarding this phenomenon, Xianyu customer service said that Xiaomi has not explicitly prohibited the sale or transfer of F code, so the F code transaction on the platform is a compliance behavior. However, considering the transaction security, Xianyu recommends that users do not rush to confirm receipt after purchasing the F code to ensure that there is enough time to verify the authenticity and validity of the F code. At the same time, Xianyu also reminds users that if any abnormalities are found during the transaction process, they can contact the platform customer service in time to intervene. (Global Network)
Taobao content-based e-commerce report card released: content consumption user growth 44%
The 2024 Taobao content-based e-commerce event announced that tens of billions of cash and hundreds of billions of traffic will be added this year. According to the event data, the scale of Taobao content consumption users in 2023 increased by 44% year-on-year; the monthly transaction exceeded one million live broadcast rooms reached 12,000; new content creators 8.63 million and new go LIVE accounts increased 770,000. Cheng Daofang, general manager of the content-based e-commerce business department of Taotian Group, announced this year’s growth target: the user scale increased by 100% year-on-year, and the monthly transaction exceeded one million. Streaming live host increased by 100% year-on-year, and GMV increased by 80% year-on-year.
Alibaba Cloud partners with MediaTek to adapt large models for mobile phone chips
The reporter learned that MediaTek, the world’s largest smartphone chip manufacturer, has successfully deployed the Tongyi Qianwen large model on flagship chips such as the Tianji 9300, achieving deep adaptation of the large model on the mobile phone chip for the first time. Tongyi Qianwen runs multiple rounds of AI conversations offline. Alibaba Cloud said it will cooperate deeply with MediaTek to provide end-to-end large model solutions to global mobile phone manufacturers. (Science and Technology Innovation Board Daily)
Taobao announces free business advice
Taobao announced that from April, the business staff service will be newly upgraded, and all functional modules including market insights will be free for all merchants. Business staff is completely free. At the same time, Taobao also announced that the store Xiaomi customer service robot, picture space and other merchant services are free. Business staff is an important business tool for Taobao Tmall merchants to operate. After this upgrade, for the first time, products such as market insights that originally required payment will be opened to merchants for free.
The customer service said that the Autonavi map charges 3.5 yuan, which is a rumor: the navigation service will never be charged.
Autonavi’s official customer service said that the online content about "Autonavi map charges" is false information. "Autonavi has no plans to charge for map navigation services in the past, present and future." The customer service staff said that the recently spread 3.5 yuan fee item is the business of changing car logos launched by Autonavi Maps, and not buying it will not affect users’ use of navigation functions. (Red Star News)
Taobao announces free business advice, image space, and other services
Taobao announced that from April, it will launch a number of beneficial business measures for merchants present on all major platforms, including business advisors, store Xiaomi customer service robots, picture space and other important business services will be provided to merchants for free. For previously paid merchants, the platform will start a unified refund process. (36Kr)
Luo Yonghao sold "cloud" in his first live broadcast, covering Alibaba Cloud’s popular products
Luo Yonghao will sell "cloud" for the first time on Taobao on the evening of March 31, and the selection covers popular Alibaba Cloud products such as Cloud as a Service, cloud storage and enterprise network disk. A month ago, Alibaba Cloud announced a 20% price cut across the board, triggering a wave of small and medium-sized enterprises to go to the cloud. Industry observers pointed out that this Lao Luo live broadcast selling "cloud" may guide more ordinary users to directly experience enterprise-level Cloud as a Service for the first time. (36Kr)
Cai Chongxin: Alibaba will increase strategic investment in Cainiao
According to 36Kr, in an analyst call that evening, Cai Chongxin, chairperson of Alibaba Group’s board of directors, said that the withdrawal of the listing application and the acquisition of equity was based on both group strategy and the stage of progress of Cainiao’s IPO. E-commerce is one of Alibaba’s two core businesses, and to provide the most competitive consumer experience, the deep integration of Cainiao and e-commerce businesses is essential. "Given the strategic importance of Cainiao to Alibaba and the significant long-term opportunity to build a global logistics network, we believe that now is the right time for Alibaba to increase its investment in Cainiao," Cai Chongxin said.
Alibaba: Cainiao has withdrawn its application to list on the Hong Kong Stock Exchange, intending to purchase outstanding shares of Cainiao minority shareholders at $0.62 per share
Alibaba announced on the Hong Kong Stock Exchange that Cainiao Smart Logistics Network Co., Ltd. (Cainiao), a logistics subsidiary, has withdrawn its initial public offering and listing application on the Hong Kong Stock Exchange. At the same time, Alibaba Group plans to issue an offer to Cainiao’s minority shareholders (including employees) to sell all its issued shares in Cainiao to Alibaba Group at a price of US $0.62 per share, with a total consideration of up to US $3.75 billion.
Ant Group Hangzhou Zhijiang headquarters plot has been confirmed for retreat
According to the Shanghai Securities Exchange, the Hangzhou Municipal Planning Department replied when answering the inquiries of enthusiastic citizens on the political inquiry platform: The Ant Financial Phase I plot (Zhijiang Resort Unit XH1710-B1/B2-23 plot) located on the north side of Zhijiang Bridge, the transferee is Alipay (Hangzhou) Information Technology Co., Ltd., and the contract time is November 4, 2020. The company has applied to the Hangzhou Municipal Bureau of Planning and Natural Resources to terminate the contract on July 1, 2022. The headquarters landmark has been vacant so far. In recent years, rumors about "ants or will retreat" have emerged one after another. It is learned from relevant departments that the Ant Phase II plot has long been withdrawn.
Taobao Pinduoduo launched the Douyin mall version APP for the first time
Recently, Douyin E-commerce launched an APP called "Douyin Mall Edition", which focuses on "value-added goods and worry-free choices". It is the first comprehensive independent e-commerce platform launched by Douyin E-commerce outside the Douyin APP. The relevant person in charge of Douyin E-commerce said that due to the observation that some users have strong demand for active shopping, in order to better serve these users, Douyin E-commerce launched the Douyin Mall Edition to help these users find good prices and conveniently manage orders. (China Securities Network)
Caixin Group and Taobao (China) signed a cooperation framework agreement
According to China Securities News, Dezhou Caixin Group and Taobao (China) Software Co., Ltd. signed a cooperation framework agreement, and the two sides reached a preliminary cooperation intention on projects such as asset bidding disposal, industrial park operation, and physical asset offline service center. Cao Jieqing, general manager of Caixin Group, said that the signing marks the establishment of a multi-level and all-round strategic cooperative relationship between the company and Ali Assets, and plays a positive role in enriching asset disposal channels and improving asset management levels. It is hoped that in the future, the two sides can make full use of each other’s technological and resource advantages, strengthen docking cooperation in the fields of smart assets, smart investment promotion, and industrial co-construction, and efficiently revitalize the elements and resources of Dezhou’s economic development to the whole country, and jointly create a new model of digital asset disposal
Ant Group Jing Xiandong: Exploring the next generation of federated learning technology to make data value flow immediately
According to the Beijing Business Daily, at the "Digital Empowerment Industry Transformation Symposium" of the China Development Forum 2024 Annual Meeting, Jing Xiandong, chairperson and CEO of Ant Group, said that the current flow of data elements is moving towards the third stage, that is, to achieve trusted flow between industries and regions. However, security, cost and computational complexity restrict the further development of the value of data elements. Ant Group is exploring the next generation of federated learning technology, striving to be as efficient and easy to use as plaintext computing, so that the flow of data value can be used like tap water. Jing Xiandong proposed that to promote a more advanced federated learning technology landing industry, it is necessary to establish a data technology development and application ecosystem: technical data providers continue to explore and innovate in technology to lower the technical threshold; applied data providers purchase dense sky computing services like Cloud as a Service; small and micro enterprises participate in data circulation through dense SaaS services.
Taobao China completed the sale of 33 million shares of XPeng Motors ADR on March 22.
According to the Hong Kong Stock Exchange’s equity disclosure, on March 22, Taobao China Holding Limited, a subsidiary of Alibaba, completed the sale of 33 million ADS (representing 66 million Class A ordinary shares) held by XPeng Motors, and the shareholding ratio was reduced from 9.23% to 4.94%.
Ant Group signs strategic cooperation agreement with Bank of Beijing
According to the official Weibo of Ant Group, on March 22, Bank of Beijing and Ant Group signed a strategic cooperation agreement, the two sides will strengthen cooperation in artificial intelligence, big data, blockchain and distributed database, explore the application of cutting-edge technology in the financial field, and continue to enhance the ability to serve the real economy.
Ali 1688 has full access to Taobao: special channels will be set up to re-select OEM source manufacturers
On the morning of March 25th, according to Alibaba insiders, 1688 has recently launched a full-scale entry into Taobao, initially opening three stores. Later, these stores will be integrated into a channel similar to Tmall Supermarket, and the source factory of 1688’s strict selection and OEM will be launched on Taobao. This means that 1688 will bring millions of source manufacturers directly into Taobao. The source revealed that 1688 will open three stores in Taobao, namely, strictly selecting Taobao stores, enterprise-owned Tmall stores, and industrial experts choosing Tmall stores. For source manufacturers, there is no need to open a store on Taobao, but to settle in 1688 stores. Through the semi-escrow model, we discuss pricing with 1688, and hand over the goods to 1688 directly to the consumer market. After the order is placed, the merchant is responsible for delivery and after-sales. Relevant data show that there are currently more than 600,000 factories among 1688 million source manufacturers. (Sina Technology)
[US Stock Rating]
On March 27, Mizuho gave Alibaba a buy rating with a target price of $95.00.
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