“Alibaba Group Holdings Co., Ltd.” is investing heavily in the “Taobao” shopping app, after the Chinese company's restructuring produced six new units capable of raising funds and seeking independent listing. “Taobao” CEO Trudy Day noted, "The e-commerce division will focus specifically on content creation as a channel to bring more users to the platform, and will also launch AI-powered tools for merchants." "We will make huge and historic investments to expand the user base for the benefit of merchants. We will lead the creation of content across the board, with far greater investments in content than ever before."
Source (Al-Arabiya.net Website, Edited)
