Chinese internet giant to spend billions of dollars on customer incentives
Companies that offer their goods on the sales platform have been required to prepare their own promotions to further stimulate consumption in China.
Chinese authorities encourage their citizens to increase consumptionAmid tensions in global trade and reduced economic exchanges with the United States, the government led by Premier Li Qiang is focusing on the domestic market as an alternative to exports.
Information about the start of the promotion was provided on the Taobao e-commerce platform belonging to Alibaba in an official entry on the WebChat account.
Alibaba is also developing other services, including offering cloud solutions and the ability to use data centers built in different countries.
The expanding network of data centers ensures that Alibaba Cloud will be able to meet the growing global demand for secure and cyber-resistant retail services that enable companies, developers and organizations to widely use artificial intelligence.
At the beginning of the year, the company presented its strategy for the development of new technologies and confirmed that it would allocate USD 52 billion for this purpose over the next three years.
A few days ago, Alibaba launched its third data center in Malaysia, the fourth will be put into operation by the end of the year in the Philippines.
Regardless, the largest artificial intelligence center is being created in Singapore, which will ultimately serve 5,000 companies in the Southeast Asian region.
Journalist, graduate of political science at the Faculty of Law and Administration of the Jagiellonian University. Associated with the media for over 40 years. After graduating in 1982, he worked in the editorial offices of "Gazeta Krakowska" and "Kurier Polski". Member of the editorial team of "Przegląd Techniczny". He published texts in "Student", "Przekrój", "Życie Literackie". Since the economic and political changes, for over 20 years associated with the Reuters agency as a correspondent in Krakow. For the next three years, he conducted practical classes with students at the Institute of Journalism, Media and Social Communication of the Jagiellonian University. Since December 2021, he has joined the PTWP Group and works on the WNP.PL portal. His main professional interests are economics and politics at the global level and the participation of Polish business in this, especially companies listed on the Warsaw Stock Exchange. Winner of the "Ostrego Pióra" award, granted for "spreading economic education" by the BCC, as well as the Golden Pear - a journalistic award of the Małopolska Branch of the Association of Journalists of the Republic of Poland.
wnp.pl
