financetom
Business
financetom
/
Business
/
LVMH deepens partnership with Alibaba to increase tech presence in China - statement
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
LVMH deepens partnership with Alibaba to increase tech presence in China - statement
May 21, 2024 11:28 PM

May 22 (Reuters) - French Luxury group LVMH

announced on Wednesday it would deepen its partnership with

Alibaba ( BABA ) to leverage the firm's cloud and AI capacities

and increase its omnichannel, data and tech presence in China.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Take-Two Interactive forecasts fourth-quarter bookings below estimates
Take-Two Interactive forecasts fourth-quarter bookings below estimates
Feb 6, 2025
Feb 6 (Reuters) - Take-Two Interactive Software ( TTWO ) forecast its fourth-quarter bookings below Wall Street expectations on Thursday, hit by slower spending on its popular titles as investors await updates on the highly anticipated Grand Theft Auto VI. The videogame publisher expects bookings to be between $1.48 billion and $1.58 billion for the period, compared with analysts' average...
Take-Two Interactive forecasts fourth-quarter bookings below estimates
Take-Two Interactive forecasts fourth-quarter bookings below estimates
Feb 6, 2025
(Reuters) -Take-Two Interactive Software forecast its fourth-quarter bookings below Wall Street expectations on Thursday, hit by slower spending on its popular titles as investors await updates on the highly anticipated Grand Theft Auto VI. The videogame publisher expects bookings to be between $1.48 billion and $1.58 billion for the period, compared with analysts' average estimate of $1.54 billion, according to...
Pinterest projects revenue above estimates as AI tools boost ad spend
Pinterest projects revenue above estimates as AI tools boost ad spend
Feb 6, 2025
Feb 6 (Reuters) - Pinterest ( PINS ) forecast first-quarter revenue above market estimates on Thursday, betting on the image-sharing platform's artificial intelligence-powered advertising tools to boost ad spend. The forecast followed better-than-expected record monthly active users and revenue during the fourth quarter, thanks to a robust holiday shopping season. Advertisers turn to Pinterest ( PINS ) for its AI-driven...
Digital Turbine Shares Trade Higher Today: What's Going On?
Digital Turbine Shares Trade Higher Today: What's Going On?
Feb 6, 2025
Digital Turbine Inc. ( APPS ) shares saw a sharp rise Wednesday after the company reported third-quarter earnings that came in well ahead of analyst expectations and raised its full-year revenue forecast. What To Know: The company reported earnings of 13 cents per share, defying estimates of a one-cent loss. Revenue for the quarter reached $134.64 million, exceeding the consensus...
Copyright 2023-2026 - www.financetom.com All Rights Reserved