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Alibaba's New CEO Elevates AI to Top Priority in Revamp

The mascot for Alibaba Group Holding Ltd.'s Taobao e-commerce platform near the company's headquarters in Hangzhou, China, on Wednesday, Nov. 10, 2021. Alibaba's annual 11.11 Singles' Day online shopping bonanza, one that draws in hundreds of millions of people across the globe, is a more low-key affair this year as the e-commerce giant seeks to turn the focus away from increasing sales and more toward sustainability and philanthropy -- key pillars of President Xi Jinping's drive to reshape China's economy. Photographer: Qilai Shen/Bloomberg
The mascot for Alibaba Group Holding Ltd.'s Taobao e-commerce platform near the company's headquarters in Hangzhou, China, on Wednesday, Nov. 10, 2021. Alibaba's annual 11.11 Singles' Day online shopping bonanza, one that draws in hundreds of millions of people across the globe, is a more low-key affair this year as the e-commerce giant seeks to turn the focus away from increasing sales and more toward sustainability and philanthropy -- key pillars of President Xi Jinping's drive to reshape China's economy. Photographer: Qilai Shen/Bloomberg
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