Downtown Beijing on May 2, 2025.
Greg Baker | Afp | Getty Images
BEIJING — Alibaba, Tencent and JD.com reported earnings this week that not only reflected improving Chinese consumer spending, but also the growing benefits of artificial intelligence in advertising.
E-commerce giant Alibaba said late Thursday its Taobao and Tmall group sales rose by 9% year on year to 101.37 billion yuan ($13.97 billion) for the three months ended March 31. That’s above the 97.94 billion yuan predicted by a…
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https://www.cnbc.com/2025/05/16/chinese-companies-like-alibaba-see-more-consumption-helped-by-ai-ads.html
