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CaoCao Mobility’s growth begins to translate into profit

Higher utilization, reduced subsidy reliance, and improved efficiency lift margins as the company reports its first adjusted quarterly profit.

4 mins read
  • Adoption was strong during the campaign, but it remains unclear if user behavior will persist after incentives fade.

    Insights

    Alibaba’s latest Qwen subsidies are a bet on agentic commerce

    5 mins read

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