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In which sector will Alibaba make its next significant investment by December 31, 2024?
2
Resolution / Starting Odds
E-commerce • 25%
Cloud computing • 25%
Artificial Intelligence • 25%
Logistics • 25%
Official announcements from Alibaba or reputable financial news sources
Story
Alibaba Completes Three-Year Rectification; SAMR Reports 4% Stock Rise
Aug 30, 2024, 10:13 AM
China's State Administration for Market Regulation (SAMR) announced that Alibaba Group has successfully completed a three-year rectification process, which was initiated due to monopolistic practices. The process, which began in April 2021 following a CNY18.2 billion (USD2.8 billion) fine, aimed to improve compliance, service quality, and efficiency. SAMR noted that Alibaba has ceased the monopolistic practices that prompted the investigation in 2020, marking a significant milestone in the company's regulatory journey. As a result, Alibaba's stock saw a 4% increase in premarket trading. The completion of this process is seen as a new start for Alibaba, potentially boosting fair competition in the online retail sector.
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E-commerce expansion • 25%
Cloud computing • 25%
AI and technology • 25%
Logistics and supply chain • 25%
E-commerce • 25%
Cloud computing • 25%
Digital media and entertainment • 25%
Logistics and supply chain • 25%
Blockchain • 25%
Quantum Computing • 25%
5G Technology • 25%
Other • 25%
Healthcare AI • 25%
Retail AI • 25%
Logistics AI • 25%
Other AI sector • 25%
Acquisition of a tech company • 25%
Expansion into new international markets • 25%
Partnership with another major retailer • 25%
Focusing on sustainability initiatives • 25%
Monopolistic Practices • 25%
Data Privacy • 25%
Consumer Protection • 25%
Other • 25%
Yes • 50%
No • 50%
Technology firm • 25%
Retail company • 25%
Healthcare company • 25%
Other sector • 25%
Cloud Computing • 25%
E-commerce Personalization • 25%
AI-Powered Logistics • 25%
Other • 25%
Technology • 25%
Finance • 25%
Consumer Goods • 25%
Other • 25%