Alibaba

Deppon, a Chinese courier company backed by e-commerce heavyweight JD.com, has had autonomous vehicle startup DeepRoute.ai hauling cargo for it on several routes in Shenzhen as part of a newly publicized partnership between the two companies. DeepRoute is hauling freight between a Deppon warehouse and three terminals across the city’s Futian and Longhua…

The NFT hype took off in China in July 2021 when Alibaba‘s 阿里巴巴集团 Alipay ecommerce app and the Dunhuang Academy jointly released two artworks in limited quantities. The NFTs were priced at 10 Alipay points and 9.9 yuan ($1.47) each, but later fetched up to 1.5 million yuan ($223,247) apiece…

CIW / Technology / Mobile reach in 2022: Tencent, Alibaba, Baidu, ByteDance, Kuaishou May 3, 2022 By CIW Team Tencent has the highest reach of internet users in China in 2021 (95%) with 442 mobile apps, followed by Alibaba (88%), Baidu (81%), and ByteDance (73%), according to data from QuestMobile.…

China’s government has more strictly regulated its technology sector for more than a year, hammering major Chinese tech stocks listed in the U.S., such as Alibaba  (BABA) - Get Alibaba Group Holding Ltd. Report and JD.com  (JD) - Get JD.com Inc. Report. But now the government is set to pull back,…

(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…

(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…

(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…

Koko's total payment volume hit US$1 million in March this year...Read More

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…

App Watch: Alibaba Introduces Taibang Into the Social Commerce Space On March 1, Kuaishou officially announced the termination of its cooperation with China’s giant in the e-commerce space and cut off Alibaba’s Taobao product links. Last year, other newer platforms like Xiaohongshu and Douyin also made similar moves as they stepped…