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Chinese e-commerce giant Alibaba to invest USD 1.4 billion to build ecosystem around its Tmall Genie smart speaker

Despite a sharp drop in first-quarter sales because of the coronavirus pandemic, smart speaker shipments in China are projected to grow 9.8% in 2020.

2 mins read
  • However, the firm projects revenue’s decline to persist.

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    Baidu shares climb almost 8% following better-than-expected first quarter results

    2 mins read

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