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Alibaba

Alibaba.com Launches Cross-Border Payment Service

(Source: Alibaba) Your browser doesn’t support HTML5 audio Alibaba.com, a leading e-commerce marketplace operated by Hangzhou-based internet giant Alibaba, launched “Alibaba.com Pay” on Friday, which mainly serves small and medium-sized business customers engaged in cross-border foreign trade. The initiative is reportedly aimed at becoming the world’s leading business-oriented cross-border financial…
bubmag
April 29, 2022
Alibaba

Alibaba Cloud Ranks Third in Global Cloud Computing Market in 2021

(Source: Parallels) Your browser doesn’t support HTML5 audio IDC, an industry research institution, released its global cloud computing tracking data for 2021 on Wednesday, showing that the scale of global cloud computing Infrastructure as a Service (IaaS) market grew to $91.35 billion, up 35.64% compared with last year. The top…
bubmag
April 28, 2022
Alibaba

Alibaba to Expand Southeast Asian E-commerce Arm Lazada to Europe

(Source: Lazada) Your browser doesn’t support HTML5 audio Chinese tech giant Alibaba plans to expand its Southeast Asian e-commerce subsidiary Lazada’s business to Europe, seeking to promote overseas business growth amid slowing opportunities at home, Reuters reported on Thursday, citing people familiar with the matter. Alibaba is already present in…
bubmag
April 28, 2022
Alibaba

Alibaba looks to expand Southeast Asian arm Lazada to Europe

The logo of Alibaba Group is lit up at its office building in Beijing, China August 9, 2021. REUTERS/Tingshu Wang Register now for FREE unlimited access to Reuters.comSINGAPORE/SHANGHAI, April 28 (Reuters) - Alibaba Group (9988.HK) plans to expand its Southeast Asian arm, Lazada, to Europe, two sources familiar with the…
bubmag
April 28, 2022