Alibaba plans to use "tokenization" of payments for cross-border transactions in its business-to-business arm.
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Kuo Zhang, president of Alibaba.com, discusses the company's plans to use a stablecoin-like system for cross-border payments.
The Chinese tech company's shares are on track for their best month since January.
JPMorgan sees shares rising 69% from here.
Kuo Zhang, president of Alibaba.com, the Chinese tech giant's cross-border arm, discusses the launch of "AI Mode" and new tech…
The investment bank also raised its price targets on two Chinese companies that develop artificial intelligence models.
Once best known for e-commerce, Alibaba this month has ramped up its AI investments across robotics and related businesses.
