Date | Title | Description |
09.05.2025 | Alibaba's New Era: Merging Commerce and AI for a Seamless Future | In the fast-paced world of e-commerce, change is the only constant. Alibaba, a titan in the industry, is not just keeping up; it’s setting the pace. Recent developments reveal a strategic shift that intertwines technology and shopping like ... |
09.05.2025 | Alibaba CEO urges re-entrepreneurship as company bets big on AI and core battles | Alibaba CEO Eddie Wu is urging employees to “start over” with a founder’s mindset as the company enters a new era driven by AI. In an internal post on May 9, Wu stressed that Alibaba must shed its legacy mindset and embrace risk, declaring ... |
08.05.2025 | Taobao and Tmall deepen partnership with Xiaohongshu to power seamless cross-platform shopping | Taobao and Tmall Group have deepened their integration with lifestyle platform Xiaohongshu, allowing merchants to insert direct product links from their stores into Xiaohongshu posts. The feature lets users click through from Xiaohongshu co... |
08.04.2025 | Alibaba Cloud Strengthens AI Capabilities with Innovations for International Customers | Advanced AI models, tools and infrastructure updates now available to international customers
HANGZHOU, CHINA – Media OutReach Newswire – 8 April 2025 – Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, today... |
31.03.2025 | Alibaba's AI Revolution: A New Dawn for China's Tech Giant | Alibaba is on the rise again. The tech giant has staged a remarkable comeback, with its U.S.-listed shares soaring nearly 60% this year. This surge has added over $100 billion to its market valuation. What’s behind this turnaround? The answ... |
27.03.2025 | Alibaba launches new open-source AI model for 'cost-effective AI agents' | The company says the new "Qwen2.5-Omni-7B" is a multimodal model that can process text, images, audio, and videos, while generating real-time text and natural speech responses.
Amid China's AI fervor accelerated by DeepSeek, Aliba... |
21.02.2025 | Alibaba reports 8% revenue growth in December quarter, outlines AI strategy | Alibaba Group posted an 8% year-on-year increase in revenue for the December quarter of 2024 on Thursday, with its total revenue during the period reaching RMB 280 million ($38.38 billion). The company also reported strong performance from ... |
02.12.2024 | Can AI end the discount wars in SEA ecommerce? | Premium Content
It takes our newsroom weeks - if not months - to investigate and produce stories for our premium content. You can’t find them anywhere else.
Elyssa Lopez · 5 Dec 2024 · 6 min readCan AI end the discount wars in SEA ecommerce... |
02.12.2024 | Alibaba’s DingTalk platform announces Hong Kong launch | Alibaba’s workplace collaboration app DingTalk officially launched in Hong Kong on November 28, marking a key step in its global expansion strategy. DingTalk will establish a dedicated service team in Hong Kong to better address local custo... |
12.11.2024 | Singles’ Day still delivers, but cautious consumers keep spending in check | This year’s Singles’ Day, once a one-day discount blitz launched by Alibaba, has morphed into a multiweek retail spectacle that now spans China’s largest e-commerce platforms—from Alibaba’s Taobao and Tmall to JD.com and Pinduoduo. Seen by ... |
09.08.2024 | LG's EXAONE 3.0: A New Dawn for Open Source AI in South Korea | In a bold move, LG AI Research has launched EXAONE 3.0, South Korea's first open-source artificial intelligence model. This release is not just a technological milestone; it’s a strategic maneuver that positions LG at the forefront of the g... |
08.08.2024 | LG unleashes South Korea’s first open-source AI, challenging global tech giants | Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More
LG AI Research has launched Exaone 3.0, South Korea’s first open-source artificial intelligence model, marking th... |
08.08.2024 | Alibaba claims no. 1 spot in AI math models with Qwen2-Math | Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More
If you haven’t heard of “Qwen2” it’s understandable, but that should all change starting today with a surprising ... |
25.06.2024 | Back to basics: Taobao and Tmall heed Jack Ma’s call, refocusing on consumer experience | InsightsHow are China’s e-commerce titans preparing for this year’s Singles’ Day?
Written by Gideon Ng
This year’s 618 event saw Taobao cancel pre-sales, eliminating issues related to deposits and final payments. For items like women’s clot... |
12.04.2024 | Which large corporations are leading the charge in warehouse automation? | Companies like Amazon, Walmart, Alibaba, and UPS have been making investments for years
As we're previously written about, automation is becoming a bigger and bigger factor in the manufacturing industry, with technologies like automated gui... |
27.03.2024 | Alibaba withdraws Cainiao IPO, plans to purchase remaining stake for up to $3.75 billion | Alibaba announced on Tuesday that it is canceling the planned Hong Kong IPO for its logistic arm Cainiao in an unexpected move, with chairman Joe Tsai saying it’s an “appropriate time to double down” on the e-commerce’s giant investment in ... |
07.02.2024 | Alibaba considers divesting from Intime, Freshippo, and RT-Mart to refocus on e-commerce | Chinese internet giant Alibaba Group is reportedly contemplating the divestment of several consumer sector assets, including department store operator Intime Retail, grocery business Freshippo (also known as Hema), and retailer RT-Mart, acc... |
22.01.2024 | First he was a teacher. Then he was China's top tech titan. Now, meet Jack Ma 3.0 — a high-tech farmer. | Tech First he was a teacher. Then he was China's top tech titan. Now, meet Jack Ma 3.0 — a high-tech farmer.
Huileng Tan
2024-01-22T00:31:01Z
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16.01.2024 | What’s next for Alibaba’s Lazada after the recent layoffs? | Lazada, the primary e-commerce platform of Alibaba Group in Southeast Asia, has been the talk of the town since the turn of the year. On January 3, as first reported by The Edge, the company announced that layoffs were imminent, with at lea... |
12.12.2023 | Deals in brief: Alibaba injects USD 634 million into Lazada, TikTok invests USD 1.5 billion in Tokopedia, 13 China deals, and more | Alibaba injects another USD 634 million into Lazada
Lazada has secured an additional USD 634 million in capital from its parent company, Alibaba Group, bringing the total amount injected into its subsidiary to over USD 1.8 billion for the y... |
22.11.2023 | Analyzing Alibaba’s decision to halt its cloud business spin-off despite positive financial numbers | On November 16, Alibaba Group released its Q2 2023 financial report, with Alibaba Cloud, its cloud business, reporting a 2% year-on-year growth in revenue to RMB 27.65 million (USD 37.9 million) compared to the same period last year.
In spi... |
07.11.2023 | AliExpress and Swae Lee Invite You to Celebrate 11.11 Singles' Day Sale, the World's Biggest Shopping Festival | Swae Lee to host the AliExpress Singles' Day Pop Up Party in SoHo, perform at VIP kick-off event, offer lucky fans a meet & greet, and launch a curated collection of products on AliExpress dedicated to the festival
Tinder and BLK users ... |
14.09.2023 | Alibaba представила китайский аналог ChatGPT, который умеет работать как с текстом, так и с изображениями | Китайская компания Alibaba представила языковую модель Qwen-VL, способную обрабатывать до 10 раз больше информации, чем ChatGPT-4. Ранее разработка чат-ботов в КНР была строго ограничена, однако 15 июня 2023 года правительство анонсировало ... |
14.09.2023 | Daniel Zhang calls time on Alibaba stint after 16 years | This year’s September 10 marked the 24th anniversary of Chinese tech giant Alibaba Group’s establishment. Nearly midway into its third decade of operation since Jack Ma first co-founded the organization, the occasion is not only a testament... |
08.09.2023 | Research Reveals Technology and Digitalization Are Key to Leading a Sustainable Lifestyle to More Than Two-Thirds of Consumers | More than half of online shoppers use digital marketplaces dedicated to sustainable products, especially from Asian emerging markets
One third of the respondents desire an app to get informed of sustainable lifestyles
HANGZHOU, China, Sept.... |
11.07.2023 | Alibaba’s Freshippo opens largest fully automated supply chain center in Shanghai | Freshippo, the grocery subsidiary of Alibaba, unveiled its largest wholly-automatic supply chain center in Shanghai on Monday, according to Alibaba-owned news portal Alizila. Located in Pudong district, the newly operational facility boasts... |
07.07.2023 | Alibaba Cloud Unveils AI Image Generation Model Tongyi Wanxiang to Help Businesses to Unleash Creativity and Productivity | ModelScopeGPT also launched to help users accomplish complex AI tasks
SHANGHAI, CHINA – Media OutReach – 7 July 2023 – Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, today unveiled its latest AI image gene... |
20.06.2023 | Daniel Zhang Resigning As Alibaba CEO to Focus on Cloud Intelligence Group | Alibaba announced Chairman and CEO Daniel Zhang is shifting his attention to the company’s Cloud Intelligence Group.
Zhang has served as CEO of Alibaba since 2015, and Chairman since 2019, replacing Jack Ma in both roles. As the company pre... |
19.06.2023 | Alibaba CEO Daniel Zhang to pass the torch and focus on cloud | Hours after rumors started circling in China about Alibaba’s chairman and CEO Daniel Zhang possibly stepping down, the e-commerce behemoth confirmed midday on Tuesday that the executive will hand over the torch.
Zhang will be replaced by Jo... |
11.04.2023 | How Temu is taking the Pinduoduo playbook overseas | Community Content
Community content is our chance to pass the pen to you - members of Asia’s tech community. From CEOs to analysts, we publish a broad range of views.
Sisi Song · 13 Apr 2023 · 6 min readHow Temu is taking the Pinduoduo play... |
29.03.2023 | Alibaba shares surged 16% on hopes that the Chinese tech giant's restructuring means Beijing's tech crackdown is finally ending | Shares of Alibaba and its major shareholder Softbank surged in Asian hours on Wednesday.
That's after Alibaba announced a massive company restructuring on Tuesday.
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Alibaba's massive restructuring plan announced Tuesday is boos... |
28.03.2023 | Alibaba splits into six in biggest overhaul in 24 years | Alibaba never fails to show it’s a fan of restructuring to stay nimble in an ever-changing environment.
The e-commerce behemoth said Tuesday that it will split into six business groups, which will each be managed by their respective CEOs an... |
29.12.2022 | Alibaba CEO to oversee cloud arm following major server outage | When Alibaba’s former CEO Jack Ma passed the torch to Daniel Zhang, he established a system that regularly rotates executives to ensure the company always stays agile in the fast-changing internet space. It’s time for this year’s reshuffle ... |
29.12.2022 | Alibaba Reshuffles Execs, CEO Takes Over Cloud Unit | Alibaba has undergone a major reorganization of its executives, with the CEO taking over as head of the company’s cloud unit.
Unlike many companies, Alibaba has a system in place to rotate its executives, courtesy of former CEO Jack Ma. The... |
31.10.2022 | Alibaba: Nike Recycles Shoes Into Sports Fields via Alipay | Sports apparel company Nike is helping Chinese consumers up their recycling game with its “Recycle-A-Shoe” mini-program unveiled last week on Ant Group’s mobile payment platform Alipay.
Shoppers can return their old Nike sneakers in person ... |
03.08.2022 | Why Alibaba’s U.S. operations have struggled to take off | “Alibaba focused its efforts on attracting sellers. The rationale was that Alibaba could help U.S. firms sell into the Chinese market and globally. It has had some success with larger brands, but smaller firms are harder to crack as they do... |
11.05.2022 | Alibaba's bizarre annual traditional of holding a mass wedding ceremony for its employees continued this year — without founder Jack Ma | Alibaba has hosted a mass wedding for 102 couples every year since 2006.
Alibaba founder Jack Ma usually officiated the ceremony, which is part of its Ali Day festivities.
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Alibaba apparently thinks that workplaces are an appro... |
27.04.2022 | Lazada eyes Europe in first expansion beyond SEA | Premium Content
It takes our newsroom weeks - if not months - to investigate and produce stories for our premium content. You can’t find them anywhere else.
Melissa Goh · 1d ago · 6 min readLazada eyes Europe in first expansion beyond SEA
O... |
22.03.2022 | Alibaba rises as much as 11% after the Chinese e-commerce giant lifts its share buyback program to $25 billion | Alibaba said Tuesday it will increase its share buyback program to $25 billion, from $15 billion in August.
It's the largest buyback plan ever from the Chinese e-commerce giant and will run until March 2024.
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Alibaba stock soar... |
10.02.2022 | Alibaba Unveils 'Virtual Influencer' for the Olympic Winter Games Beijing 2022 | BEIJING, Feb. 10, 2022 /PRNewswire/ -- Alibaba Group, a Worldwide TOP Partner of the International Olympic Committee (IOC), has unveiled its brand-new virtual influencer for the Olympic Winter Games Beijing 2022 ("Games"). Based o... |
26.01.2022 | Pattern research shows top Western brands excel at meeting Chinese customers’ expectations on cross-border marketplace Tmall Global | 40 consumer brands selling on Tmall Global reviewed, average score of 78.2% against a list of best practice criteria, with baby brand Jellycat and beauty brand OUAI Haircare the top performers
HONG KONG SAR – Media OutReach – 27 January 202... |
18.01.2022 | Shopify and China’s JD.com team up to capture cross-border sellers | Two of the world’s largest e-commerce players are joining joined hands. Major Chinese online retailer JD.com has formed a strategic partnership with Ottawa-based Shopify to help global brands tap China’s enormous appetite for imported goods... |
16.12.2021 | Alibaba’s Southeast Asia arm Lazada hits 130M annual consumers | Alibaba has always aspired to bring its e-commerce service to customers outside China. Its strategy is multi-thronged. The giant’s house-developed AliExpress has found success in Russia in recent years. In 2016, it bought Lazada, which came... |
06.12.2021 | Alibaba splits into Chinese and overseas units | China's Alibaba Group is reorganising its international and domestic e-commerce businesses in an effort to increase agility and to 'better drive synergies across its consumer and wholesale commerce platforms both in China and globally'. The... |
05.12.2021 | Alibaba undergoes major management reshuffle | Alibaba is reassigning roles to four of its executives in one of the biggest reshuffles in its recent history, the company announced on Monday morning.
Maggie Wu, the e-commerce titan’s former chief financial officer, will step down next Ap... |
12.11.2021 | A wave of LatAm fintechs are laying down new global commerce rails | João Del Valle Contributor
João Del Valle is the co-founder and CEO of EBANX, a Brazilian fintech unicorn that serves as the gateway to Latin America through its payments platform for global merchants, tech giants and other large companies ... |
12.11.2021 | Alibaba’s Singles Day Sales Smash Records. But Will the Stock Beat History? | Chinese e-commerce giant Alibaba smashed its previous sales record for the two-week Singles Day event, China’s version of Black Friday and the world’s largest shopping spree.
Alibaba (ticker: BABA) said it notched 540.3 billion yuan ($84.5 ... |
11.11.2021 | Chinese ecommerce giant Alibaba has not released blow-by-blow Singles’ Day sales figures yet. Here’s why that’s a big deal. | Alibaba’s Singles’ Day event. STR/AFP/Getty Images
Chinese ecommerce giant Alibaba used to give blow-by-blow updates on its sales figures on Singles’ Day.
Analysts say Alibaba is taking a low-key approach this year to stay out of regulator ... |
11.11.2021 | Chinese ecommerce giant Alibaba fails to release Singles' Day sales figures yet, that's a big deal. | Alibaba's Singles' Day event.
STR/AFP/Getty Images
Chinese ecommerce giant Alibaba used to give blow-by-blow updates on its sales figures on Singles' Day.
Analysts say Alibaba is taking a low-key approach this year to stay out of regulator ... |
19.10.2021 | Alibaba Unveils In-House Chip to Boost Cloud Services. Amazon, Microsoft Beware. | Alibaba (ticker BABA) unveiled its own server chip Tuesday to boost its cloud computing services, as the Chinese tech giant continues to challenge Amazon Microsoft and Google in the fast-growing market.
The chip, built on cutting-edge 5-nan... |
24.08.2021 | Alibaba развертывает систему доставки роботами | Alibaba Group рассматривает парк роботов как быстрый и относительно дешевый способ удовлетворить растущий спрос на онлайн-покупки в Китае. В этом году компания развернула 1000 роботов для доставки в университетских городках Китая и городски... |
24.08.2021 | Alt Dairy Expected to TRIPLE in Value to $32BN, Thanks To Cheese and China? | A new market study reveals that the plant-based dairy market is predicted to expand by nearly 3X over the next ten years from $11 bn to an estimated $32 bn. China is identified as a key market which is described as “flourishing” and cheese ... |
09.08.2021 | After Rape Accusation, Alibaba Manager Allegedly Said Women Should Not Be Hired | An Alibaba worker’s allegations that she was raped by her boss after being forced to drink with clients has set off public outrage, in the latest prominent #MeToo case that sheds a light on the pervasive sexual violence and discrimination a... |
09.08.2021 | Chinese e-commerce giant Alibaba fires manager accused of raping employee | More On: alibaba
Nets owner Joe Tsai tried to get ex-Rockets GM fired for Hong Kong tweet: report Feds probe Alibaba’s cloud unit over national security concerns: report China pursues tech ‘self-reliance,’ fueling global unease China cracks... |
23.04.2021 | China’s Demand for Luxury Goods Gets Own Cargo Route
China’s Demand for Luxury Goods Gets Own Cargo Route | (Bloomberg) --
Alibaba Group Holding Ltd.’s logistics arm is launching direct cargo flights between Singapore and China’s Hainan Island, seeking to bolster the supply of luxury goods for voracious Chinese shoppers after the pandemic halted ... |
12.04.2021 | Alibaba shares jump 8% as China ends its antitrust probe on Jack Ma's tech empire with a record $2.8 billion fine | Alibaba's shares jumped 8% on Monday after China imposed a record $2.8 billion fine on the company.
The fine, which marks an end to investor uncertainty, wasn't as hefty as some expected.
CEO Daniel Zhang said Alibaba does not expect any ma... |
12.04.2021 | Alibaba strikes confident tone after record USD 2.8 billion anti-monopoly penalty | Alibaba stock (HKSE: 9988) advanced as much as 9% in early Monday trading in Hong Kong after the State Administration for Market Regulation (SAMR) imposed a RMB 18.2 billion (USD 2.8 billion) fine on Saturday, a new record since China’s ant... |
12.04.2021 | Alibaba Is Fined a Record $2.8 Billion. That’s Good News for Jack Ma. | The Chinese government slapped a fine of $2.8 billion on e-commerce giant Alibaba for violating anti-monopoly laws, but it is good news for the company that has been struggling with regulatory scrutiny for months. Alibaba’s share price jump... |
10.04.2021 | Alibaba Group hit with record $2.8 billion fine amid increased government scrutiny of billionaire Jack Ma's tech empire | Alibaba Group has been hit with a record $2.8 billion fine in China.
Billionaire founder Jack Ma's tech empire has come under increased scrutiny from regulators.
"Alibaba accepts the penalty with sincerity," the company said in a ... |
16.03.2021 | Brief: Ant Group makes 2030 net zero pledge, launches carbon neutrality fund | Ant Group, the fintech affiliate of Chinese tech giant Alibaba, has pledged to become carbon neutral by 2030.
According to Alibaba’s corporate news site Alizila, Ant Group will set up a “carbon-neutrality fund which will finance the researc... |
08.02.2021 | Five China Marketing Trends You Must Know In 2021 | BEIJING, CHINA - MAY 6, 2020: People in the Sanlitun shopping area. Artyom Ivanov/TASS (Photo by ... [+] Artyom Ivanov\TASS via Getty Images)Artyom Ivanov/TASS |
05.02.2021 | Skincare Demand In Asia Drives Estée Lauder Back To Growth | The pandemic has boosted online's share of sales in the Americas. (Photo Illustration by Rafael ... [+] Henrique/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images |
04.01.2021 | Alibaba shuts down 12-year-old music streaming app Xiami | Using Xiami was once synonymous with having good music taste in China. The music app, which debuted around 2008 and was acquired by Alibaba in 2013, is discontinuing its streaming service today, Xiami said in a notice to users.
Xiami, which... |
17.12.2020 | Alibaba ‘dismayed’ by its cloud unit’s ethnicity detection algorithm | Chinese tech giants have drawn international criticism after research showed they have technologies that enable the authorities to profile Muslim Uyghurs.
The cloud computing unit of Alibaba, Alibaba Cloud, developed a facial recognition al... |
06.12.2020 | How Alibaba and JD.com compare in their healthcare endeavors | China’s tech circle is shifting its attention to online healthcare this week as JD Health is set to go public in one of Hong Kong’s largest IPOs this year.
Like Amazon, China’s e-commerce firms Alibaba and JD.com have been working to conque... |
01.12.2020 | Alibaba’s music streaming app Xiami is said to be shutdown | A viral Weibo post on Sunday claimed that Alibaba will close its music streaming app Xiami in January of next year, causing consternation among netizens. “Is this the end of an era?” reads the post by Xiang Zheng, who is verified by the mic... |
25.11.2020 | Rural ecommerce: In China, farmers find new ways to grow | |
13.11.2020 | Alibaba’s Singles Day is over. Now comes the task of delivering $74 billion of merchandise ordered on world’s largest shopping holiday. | Mail pickup point Beijing. AP Photo/Andy Wong
Alibaba said it passed $US74 billion in sales on Singles Day this year.
The major shopping holiday is usually bigger than Black Friday and Cyber Monday combined.
The biggest shopping day in the ... |
12.11.2020 | Alibaba's Singles Day is over. Now comes the task of delivering $74 billion of merchandise ordered on world's largest shopping holiday. | Mail pickup point Beijing. AP Photo/Andy Wong
Alibaba said it passed $74 billion in sales on Singles Day this year.
The major shopping holiday is usually bigger than Black Friday and Cyber Monday combined.
The biggest shopping day in the wo... |
12.11.2020 | Chinese shoppers spend over $100 billion in Singles' Day extravaganza | "Singles' Day" may sound lonely, but those who took part in the world's largest annual shopping spree found togetherness in spending over $100 billion during the event, according to Alibaba.
The final sales figure blew away last y... |
12.11.2020 | Alibaba smashed last year’s Singles Day record with over $74 billion in sales amid worries over the pandemic | Singles Day. Photo by Niu Jing/VCG via Getty Images
Alibaba’s Singles Day sales reportedly surpassed $US74 billion, nearly double the previous record.
The major shopping holiday is usually bigger than Black Friday and Cyber Monday combined.... |
11.11.2020 | China to ship 3 billion parcels during post-COVID Singles’ Day | China’s e-commerce behemoths Alibaba and JD.com again claimed to have set records during the world’s largest shopping event, Singles’ Day. The figures can often be gamed to paint a rosy picture of perpetual growth, journalists and analysts ... |
11.11.2020 | Alibaba Smashes Singles Day Sales Records, A Saving Grace For Retail In Covid-19 Times | The 12th Double 11 Global Shopping Festival smashes previous sales record, doubling to US$74.1 ... [+] billion.Alibaba |
11.11.2020 | Americans can’t resist the Alibaba Singles’ Day Sales – US tops in GMV for sales from the Chinese e-commerce giant so far | The 11.11 sale event is currently on and Alibaba as always is looking to break new records with the sales from the event.
Chinese e-commerce giant Alibaba’s Singles’ Day sale which began in 2009, has been an event to watch out for globally.... |
06.11.2020 | Califia Farms is Big in Business in China Where Plant-Based Milk Sales Increased by 800% | Califia Farms is big in business in China at the moment and looks likely to remain so in the long term, as sales in the plant-based milk sector in China have grown by a spectacular 800% year-over-year. The South China Morning Post reported ... |
06.11.2020 | Alibaba’s Sales Slow Amid Regulatory Woes For Ant Group’s Mega IPO | Alibaba's Jack Ma speaks during 2019 Global Conference on Women and Entrepreneurship on August 28, ... [+] 2019 in Hangzhou, Zhejiang Province of China.VCG/VCG via Getty Images |
06.11.2020 | Alibaba posts better-than-expected earnings but disappoints with tepid user growth | E-commerce giant Alibaba (NYSE: BABA; HKEX: 9988) on Thursday posted strong revenues of USD 22 billion for Q3, a 30% increase from the same quarter in 2019, and net income attributable to ordinary shareholders of USD 4.2 billion, representi... |
23.10.2020 | Alibaba pays $3.6bn to acquire hypermarket chain in tech-driven ‘new retail’ push | Alibaba has announced it will pay $3.6 billion to acquire a majority stake in Sun Art Retail Group – one of China’s largest operators of supermarkets and hypermarkets.
The Hangzhou-based tech giant initially invested in Sun Art back in 2017... |
18.10.2020 | Alibaba Group will spend $3.6 billion to take control of Chinese supermarket giant Sun Art | Alibaba Group said today it will spend about $3.6 billion to take a controlling stake in Sun Art, one of China’s largest big-box and supermarket chains. After the transaction is complete, Alibaba Group will own 72% of Sun Art.
As in other c... |
17.10.2020 | Плохое руководство, продажа компании и хип-хоп: с чем столкнулся гитарный бренд Fender за 70 лет работы Статьи редакции... | Гитары Fender слышны на записях Боба Дилана, Джими Хендрикса и других известных музыкантов. Хотя основатель бренда Лео Фендер так и не научился играть на инструменте.
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01.10.2020 | Ruipeng Pet Healthcare gets hundreds of millions from Tencent and others | |
22.09.2020 | BEST Inc. Launches China-Malaysia Cross-Border E-Commerce Logistics Service in Partnership with Cainiao Ahead of Double 11 Shopping Festival | |
16.09.2020 | Alibaba unveils vision of futuristic, on-demand manufacturing with secret Hangzhou factory | Alibaba (NYSE: BABA) officially unveiled its Xunxi Digital Factory on Wednesday, a showroom for a suite of factory hardware and software targeted at clothing manufacturers. The tools and technologies in the new facility fall under what the ... |
08.09.2020 | Bunny Maicai nets funding, Meituan expands group buying as China’s appetite for fresh produce grows | Chinese e-grocery startup Bunny Maicai has raised “tens of millions of dollars” in Series A investment, with the VC arm of real estate giant Country Garden joining the round alongside Joy Capital and ZWC Partners according to local media re... |
18.08.2020 | JD.com’s 1-year-old health unicorn to get $830M from Hillhouse | In recent years, China’s online shopping titans have been muscling into the prescription drug market. When JD.com, Alibaba’s archrival, realized the health market spans well beyond retail, it spun out its healthcare unit into a subsidiary l... |
30.07.2020 | A Strategic Framework to Improve Coronavirus Response in Africa | The response to the global pandemic by African countries and their external partners has been hampered by a lack of coordination. As of late July, Africa has almost one million COVID-19 cases, accelerating rapidly after a slow start earlier... |
02.07.2020 | Alibaba tie-up brings Beyond Meat to Chinese shoppers | Chinese shoppers will be able to buy Beyond Meat products off the shelf for the first time thanks to a tie-up between the US plant-based protein maker and local tech giant Alibaba Group.
It’s the latest partnership that NASDAQ-listed Beyond... |
17.06.2020 | Alipay to give out USD 1.4 billion in coupons to boost consumption, increase app adoption | Online payment giant Alipay, owned by Alibaba’s financial affiliate Ant Financial, announced on Monday a nationwide RMB 10 billion (USD 1.4 billion) e-coupon giveaway to spur consumption and boost China’s coronavirus-stricken economy.
The r... |
01.06.2020 | DingTalk is China’s answer to Slack—and the stuff of office nightmares | “From its first day, DingTalk has been an iron thorn whip. It turns employees into instruments, it’s a tool of enslavement.”
Based on these harsh words alone, you might think DingTalk is a medieval torture device deployed by corporations to... |
22.05.2020 | Xiaomi’s investment house of IoT surpasses 300 companies | Xiaomi, the Chinese comapny famous for its budget smartphones and a bevy of value-for-money gadgets, said in a filing on Thursday that it has backed more than 300 companies as of March, totaling 32.3 billion yuan ($4.54 billion) in book val... |
12.05.2020 | Tencent backs Tim Hortons as China’s tech-driven coffee wars come to a boil | Canadian coffee chain Tim Hortons has secured an undisclosed amount of investment from Chinese internet giant Tencent, in the latest crossover between the tech industry and coffee foodservice in China.
The iconic Toronto-based brand announc... |
25.04.2020 | Магазины на диване 2020 года: как онлайн-трансляции повлияли на ведение бизнеса в Китае в эпоху пандемии Covid-19 Статьи редакции... | Трансляции стали способом продвижения, который успешно работает для любого бизнеса в Китае — от производителей косметики и фермеров до продавцов автомобилей и домов.
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19.04.2020 | Alibaba Cloud will invest $28 billion more into its infrastructure over the next three years | Alibaba Cloud announced today that it will invest another RMB 200 billion (or about $28 billion) into its infrastructure over the next three years, prompted in part by increased demand for services like video conferencing and live streaming... |
18.03.2020 | Alibaba to launch ‘university’ to help on-demand workers learn digital skills | Alibaba’s local consumer service arm, Alibaba Local Services, has plans to launch an education platform, Alibaba Local Service University, to provide those working in the on-demand industry with training in digital skills, local media outle... |
28.12.2019 | 4 лучших совета от миллиардеров, которые помогут вам добиться успеха в новом году | Фото: iStock
Селф-мейд миллиардеры Уоррен Баффетт, Джек Ма, Джефф Безос и Билл Гейтс в 2019 году охотно делились своими секретами успеха. CNBC собрал их самые важные советы.
Уоррен Баффетт: инвестируйте в себя
Уоррен Баффетт считается гуру ... |
17.11.2019 | China Roundup: Alibaba’s Hong Kong listing and Tencent’s new fuel | Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. The earnings season is here. This week, long-time archrivals in the Ch... |
13.11.2019 | Alibaba gets nod to sell shares in Hong Kong, in a secondary listing that catapults city back to the top of world’s IPO ranking | The listing committee of the Hong Kong stock exchange has approved the application by Alibaba Group Holding, the record holder of the largest global initial public offering, to sell up to HKD 117 billion (USD 15 billion) of new shares in a ... |
12.11.2019 | Five e-commerce trends showcased by Alibaba’s Singles’ Day | The ordinary date of November 11 has become a key battlefield for e-commerce players in China since Alibaba’s executive chairman and CEO Daniel Zhang launched the Singles’ Day shopping festival in 2009.
Today, the shopping bonanza, also kno... |
11.11.2019 | Singles Day 2019's record sales make Black Friday look like a church bazaar | "Singles Day" may sound lonely, but those taking part are finding some togetherness in what amounts to the world's largest annual shopping spree, with more than $1 billion spent in just over a minute in an eye-popping start to Mon... |
06.11.2019 | Tourist in China Can Finally Use Alipay, Here’s How | China’s leading mobile payments platform Alipay announced that its services are now finally available to international travelers in China. Tourists visiting China will now be able to download and use the app during the trip giving them acce... |