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What will happen with Temu and Alibaba after Trump's 104% tariff?

Trump's renewed tariffs on China, including a 104% duty on specific imports, threaten platforms like Temu, but Alibaba may benefit from all this.

With Trump's renewed tariffs on China, Temu faces a business crisis as its de minimis exemption is revoked. Conversely, Alibaba's stock, while down, may benefit from its less U.S.-centric revenue and growing cloud services, offering a silver lining amid market uncertainty.(Reuters)
Published on Apr 09, 2025 07:02 AM IST

Chinese firms and their founders at Xi's symposium

CHINA-TECH/ (FACTBOX):FACTBOX-Chinese firms and their founders at Xi's symposium

Chinese firms and their founders at Xi's symposium
Published on Feb 17, 2025 02:32 PM IST
Reuters |

MORNING BID EUROPE-Hey, Asia has tech shares too

GLOBAL-MARKETS/VIEW-EUROPE:MORNING BID EUROPE-Hey, Asia has tech shares too

MORNING BID EUROPE-Hey, Asia has tech shares too
Published on Feb 17, 2025 11:01 AM IST
Reuters |

Alibaba enters AI race, claims its new model outperforms DeepSeek, ChatGPT

Alibaba introduced its Qwen 2.5 artificial intelligence model, claiming it outperforms DeepSeek-V3 and others. The launch highlighted competition with DeepSeek.

Alibaba Group sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China. (REUTERS)
Updated on Jan 29, 2025 05:47 PM IST

Alibaba releases new version of AI model, claims it outperforms DeepSeek-V3

The sudden release of the Alibaba AI model is a sign of the pressure created in the industry after the meteoric rise of the Chinese AI newcomer DeepSeek

Chinese tech giant Alibaba on Wednesday released a new version of its Qwen 2.5 artificial intelligence model (REUTERS)
Published on Jan 29, 2025 01:36 PM IST
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