Alibaba

What Happened: Tech titan Jack Ma is taking a step back from his business Ant Group, which owns Alipay, the world’s largest mobile payment platform. Ma is said to be relinquishing majority control of the company after Ant Group announced it had changed its corporate voting structure to “optimize…corporate governance…

Qi Junyuan, the former head of Alibaba‘s online storage platform and founder of Teambition, a digital collaboration platform, has recently joined Feishu, an office communications platform operated by ByteDance, 36Kr reported on January 11. Feishu later confirmed the report. An individual close to Feishu said that Qi will report to…

On Wednesday, Alibaba DAMO Academy released its forecast of leading technology trends for 2023. AI-generated content (or Generative AI) tops the list as its growing applications will transform how digital content is produced. Another key emerging technology will be dual-engine decision intelligence, which integrates machine learning into decision optimization to…

Chinese web users found on January 4 that Youku, a video streaming platform that operates as a subsidiary of Alibaba, had changed the login rules for member accounts. Now, only one account can be logged in on a single smartphone simultaneously, down from the previous limit of three. In response,…

Aigens, a Hong Kong-based startup that provides online ordering and marketing tools for the food and beverage industry, picked up a fresh $14 million Series A funding round led by Ant Group, the fintech behemoth affiliated with Alibaba, the company announced Monday. The capital infusion from Ant came at a…

We take a look at why BNPL is taking off in Vietnam and check out an ecommerce platform in Spain launched by an Alibaba subsidiary...Read More

Kingsoft Cloud 北京金山云 is a cloud services provider spun off in 2012 from Kingsoft, one of China’s oldest software companies, which was founded in Beijing in 1988. On November 17, the company announced its financial results for the third quarter of 2022, and as expected, there was no profit in…

Miravia is operated by Arise Operating E-commerce, a Singapore-registered company sharing a legal address with Lazada...Read More

China is reportedly leaning on domestic tech giants Alibaba and Tencent to design RISC-V chips as part of the country's efforts to insulate itself from the effects of the United States' growing silicon sanctions. This is according to a Wednesday report by The Financial Times, which said China has "enlisted"…

Chinese investment firm Primavera Capital Group, an investor in Yum China and Alibaba Group, is reportedly seeking to raise $300 million for a private credit fund. Primavera, which invests in the global market with a focus on China, is said to have built out the credit strategy earlier this year…