Big Chinese companies like Alibaba show that AI-powered ads are giving shopping a boost

Downtown Beijing on May 2, 2025.Greg Baker | Afp | Getty ImagesBEIJING — Alibaba, Tencent and JD.com reported earnings this week that not only reflected improving Chinese consumer spending, but also the growing benefits of artificial intelligence in advertising.E-commerce giant Alibaba said late Thursday its Taobao and Tmall group sales rose by 9% year on year to 101.37 billion yuan ($13.97 billion) for the three months ended March 31. That's above the 97.94 billion yuan predicted by a FactSet analyst poll, ...