Alibaba

Chinese e-commerce giant Alibaba’s cloud arm launched a new chip development platform called Wujian 600 on Wednesday. The platform was created for developers to design system-on-chips (SoCs) used for AI computation. The system focuses on RISC-V, a major open-source instruction set architecture that Chinese semiconductor firms have kept a close…

Your browser does not support the audio element. On August 23, Chongqing Municipal People’s Government signed a contract with Banma, a subsidiary of Alibaba, to reach a strategic cooperation deal. In the future, Chongqing will rely on the Banma OS automobile operating system to establish an open source platform for…

Fast fashion giant H&M has relaunched its e-commerce business in China and the news is trending on Weibo. Following the fallout from the Xinjiang cotton crisis when the Swedish retailer pulled material from the region, and the discovery that it had signed up to the Better Cotton Initiative (BIC), H&M…

Kaola reduced its headcount from around 400 last year to less than 20 in July, LatePost reported...Read More

Your browser does not support the audio element. According to a report by LatePost on August 18, as of July 2022, Kaola, a cross-border e-commerce platform acquired by Alibaba nearly three years ago, has shrunk from more than 400 people in 2021 to less than 20 people. The platform is…

After expanding fivefold in as many years, China’s market for online grocery deliveries is at a crossroads as it faces a debilitating price war and worker shortage. The fall of Missfresh, a pioneer in online grocery delivery, shows just how competitive the market has become. This month, the Beijing Consumer Association ordered…

The Alibaba Cloud x KrASIA Global Startup Accelerator Indonesia Demo Day was held in person for the first time in Jakarta on August 11 at BLOCK71 Jakarta. Ten finalists pitched their ideas to a panel of judges, including Eric Purwoko, solutions architect at Alibaba Cloud; Juvenco Pelupessy, principal of Skystar…

A top Ukrainian air force pilot has been killed him combat a few days after being given an award by President Volodymr Zelensky. Anton Lystopad, given the honour of being labelled as the best pilot in Ukraine's Air Force in 2019, has been killed in action. He was given the…

Get the biggest business stories emailed to you every weekday or go to the Fin24 front page.The Central African Republic is defending the use of Russian assistance to take back territory the government says rebels have illegally occupied, despite widespread claims of indiscriminate killings of civilians and looting of mining sites. Albert Yaloke Mokpeme, spokesman for…

Your browser does not support the audio element. At its annual U Design conference held on August 12, Chinese tech giant Alibaba debuted a new version of its custom Alibaba Sans typeface in traditional Chinese, Japanese, and Korean scripts. The typeface will be freely available for general use, offering great…