Latest news with #TTG
South China Morning Post
03-06-2025
- Business
- South China Morning Post
Alibaba, JD.com sales surge during 618 shopping festival on the back of subsidy programme
Preliminary 618 retail data from Taobao and Tmall Group (TTG), Alibaba's domestic e-commerce unit, showed sales of categories that benefit from government subsidies – including consumer electronics products and home appliances – surged 283 per cent during the campaign's initial checkout period from May 13 to May 26, compared with the initial checkout period of its Singles' Day campaign last year. Alibaba owns the South China Morning Post. For sales of home appliances and electronics rose about 380 per cent year on year in the first hour of its 618 campaign, which started on May 30, according to the latest data on the company's website. Both major e-commerce platforms were among the first to join the central government's renewed trade-in programme. The 2025 programme enables consumers who already claimed subsidies during last year's roll-out to receive new rebates. The data from Alibaba and reflects improved domestic retail spending, as the national subsidy programme offers each consumer a rebate of up to 2,000 yuan (US$278) per item. Eligible goods include consumer electronics products, such as personal computers and smartphones , as well as a range of home appliances from refrigerators and washing machines to televisions and air conditioners.
Business of Fashion
15-05-2025
- Business
- Business of Fashion
Alibaba's Growth Fails to Impress in Dour Note for China Tech
Alibaba Group Holding Ltd.'s quarterly revenue grew a disappointing 7 percent, reflecting a persistent Chinese consumer malaise that may dog the online commerce leader's big pivot toward AI. The company reported sales of 236.5 billion yuan ($32.8 billion) for the March quarter, versus an average estimate of 237.9 billion yuan. Net income almost quadrupled, though that was partly because of gains from equity investments. Its shares fell more than 6 percent in pre-market trading. Alibaba, a barometer of the Chinese consumer economy because of its sprawl, posted better-than-expected growth in domestic retail after Beijing issued a plethora of incentives to counter US tariffs. But the overall miss stood out after rivals Tencent Holdings Ltd. and Inc. both reported their fastest top-line expansions in years, stoking hopes of a Chinese tech sector revival after years of stagnation. Alibaba itself had been counting on a bounceback in its online commerce business to support an ambitious post-DeepSeek bet on artificial intelligence. Chief executive officer Eddie Wu and chairman Joseph Tsai — two of co-founder Jack Ma's most trusted lieutenants — took the helm in 2023 and are orchestrating Alibaba's comeback from years of government scrutiny. They've refocussed spending on building AI and e-commerce, while accelerating the unloading of non-core assets to bankroll AI investments and an international expansion. The company has pledged more than 380 billion yuan toward AI infrastructure such as data centres over the next three years. Wu declared in February the company's primary objective is now attaining artificial general intelligence — putting it on par with the likes of OpenAI. Alibaba has been releasing AI products at a frenetic pace since DeepSeek's emergence on the global stage this year. Alibaba said its Qwen 3 flagship model, unveiled just last month, rivals DeepSeek's performance on several fronts. On Wednesday, the company updated its video-generating model for the second time in a month. But it's facing intense competition from Chinese AI rivals including Baidu Inc. and Tencent. Globally, Tsai has warned of an AI bubble, cautioning that data centres are being built in the US without clear customers in mind. What Bloomberg Intelligence Says The continued uplift from narrower local services losses and jump in cloud earnings should have more than offset international digital commerce's shortfalls for a second straight quarter. Profit from Taobao-Tmall group (TTG) probably also rose year-over-year as the firm's push for higher gross merchandise value through the joint utilisation of tools within its ecosystem spurred higher customer management revenue. Yet cost hikes could have surpassed revenue gains to lower TTG's 4Q adjusted Ebita margin from a year earlier. - Catherine Lim and Trini Tan, analysts The e-commerce business is also facing growing competition from ByteDance Ltd. and PDD Holdings Inc. In an effort to fend off and PDD, Alibaba said last week it will partner with the Instagram-like Xiaohongshu for Taobao and Tmall merchants to embed product links on the popular influencer platform. Beyond China, Alibaba's international commerce division grew revenue 22 percent — but that slowed from the previous quarter and also missed analysts' projections. For now, Beijing is helping keep the industry afloat, with incentives to buy everything from appliances to smartphones and cars. In May, policymakers announced a slew of stimulus measures including monetary policy easing. By Claire Che and Luz Ding Learn more: Chinese E-Commerce Giants' Discounting Spree Hits Consumer Brands Chinese e-commerce giants Alibaba and have faced increasing competition in recent years from low-cost platforms, such as PDD Holding's Pinduoduo and ByteDance-owned Douyin.
TTG
14-05-2025
- Entertainment
- TTG
Watch: introducing our brand-new events programme, TTG Top 20 Luxury Travel Agencies 2025
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Time of India
12-05-2025
- Entertainment
- Time of India
Tactical Games: Where brains beat brawn
(Image: Okay, let's cut to the chase—The Tactical Games (or TTG , if you're in the know) is what happens when CrossFit and combat sports decide to collaborate. Imagine hauling sandbags, sprinting with a weighted vest, doing burpees till your soul leaves your body… and then pulling off a dead-accurate shot from your rifle or pistol. Sounds insane, right? It is. But it's also the most badass fitness competition you've probably never tried—yet. Whether you're ex-military, current law enforcement, a die-hard fitness junkie, or just someone who wants to test their mental and physical limits, The Tactical Games is a weekend of pain, pride, and a little bit of gunpowder-fueled glory. So, what are tactical games all about? At its core, The Tactical Games combine intense physical challenges with precision shooting . Think obstacle courses, heavy carries, and fast-paced drills—followed immediately by shooting targets that refuse to stand still and wait for you to catch your breath. The competition usually runs across two grueling days. You'll face multiple stages, and each one is designed to mimic high-stress tactical scenarios. That means no easy rounds. One minute you're dragging a sled or doing a farmer's carry with 100 pounds in each hand, and the next you're lining up your red dot sight trying to keep your hands from shaking while you take your shot. And spoiler alert: Your body will be screaming, your heart rate will be jacked up, and you'll still need to hit your mark. That's the challenge—and the beauty—of TTG. How a TTG weekend rolls Let's break down what you can expect. Each day kicks off with a morning briefing. This is when you'll find out who you're running with and where you're supposed to be. You'll get slotted into a squad of about five people. Based on your squad and position, you'll get a lane number—like Squad 2, Position 3 = Athlete 2-3. That number is your identity for the weekend. Get used to it. You'll rotate through stages with your squad, tackling fitness and shooting challenges together. There's a real camaraderie here—part friendly competition, part mutual suffering. Even if you're a first-timer, you'll find folks are generally super helpful. No one's too cool to offer tips or a quick 'you got this.' Training for the Tactical Games If you're planning to compete (and not just survive), your training needs to go beyond the basic gym bro routine. TTG is not your average 5K or weekend warrior obstacle course. You need to train your body to push hard and stay sharp. Functional fitness is King Think sled pushes, heavy carries, sandbags, rope climbs, wall balls, and box jumps. Get comfortable moving with weight. Strap on a plate carrier and start practicing how to breathe under pressure. You don't have to be a CrossFit athlete, but you'll want that kind of conditioning. Workouts to focus on: AMRAPs (as many rounds as possible) EMOMs (every minute on the minute) Ruck marches Sprint intervals followed by weighted exercises Basically, get used to lifting heavy things and running with them. Shoot like you mean it Now let's talk guns. The Tactical Games aren't just about being fit—they're about being accurate under serious fatigue. You'll be doing pistol and rifle shooting with your lungs on fire and your arms shaking. Not ideal conditions, right? So how do you prep? Practice shooting drills after cardio workouts (yes, really) Mix in box jumps, burpees, or kettlebell swings before you pick up your firearm Work on your transitions: rifle to pistol, pistol to rifle—smooth is fast Get comfortable with kneeling, prone, barricade, and weird-angle shooting Accuracy matters just as much as speed. You could blaze through the fitness side, but if you miss every shot, you'll get time penalties that'll crush your score. TTG doesn't care if you're jacked—can you hit your target when your heart rate's at 180? Last word: It's You vs. You At the end of the day, The Tactical Games is about pushing your own limits. It's not just about muscle or marksmanship—it's about grit. You'll walk away sore, bruised, probably a little humbled… but totally hooked. And hey, if you're just starting out, don't worry. Plenty of first-timers come in just to see what they're made of. There are beginner-friendly divisions, and the community is surprisingly chill for a bunch of people carrying AR-15s and weighted sandbags. So if you're tired of your regular gym grind and want to see what you're really capable of, TTG might be your next big challenge. Grab your gear. Get uncomfortable. And welcome to the world of Tactical Games. Get the latest lifestyle updates on Times of India, along with Mother's Day wishes , messages , and quotes !
TTG
06-05-2025
- General
- TTG
Escape to the country – checking into a refurbished gem of a hotel
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