Alibaba

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…

WTF?! Russia has unveiled a robotic dog that carries an anti-tank rocket launcher on its back. While such a creation has plenty of scary, Black Mirror-style implications, it appears to be little more than a $2,700 machine purchasable from Alibaba, carrying an RPG it might not be able to fire…

A ride-hailing car with Xiangdao Chuxing's branding. Credit: SAIC Chinese ride-hailing service Xiangdao Chuxing announced on Monday that it has raised more than $150 million in Series B from investors, including self-driving car startup Momenta, and said it plans to prepare for a potential initial public offering. Why it matters: The…

SoftBank Group CEO Masayoshi Son speaks at a news conference in London on July 18, 2016.Neil Hall/Reuters SoftBank Group Corp’s decision to sell down its Alibaba Group Holding stake for a $34 billion gain may be aimed at bolstering its finances, but it also underlines how CEO Masayoshi Son has…

reaction Live Blog TalkSPORT 3rd September 2022, 10:14 am Updated: 3rd September 2022, 10:14 am The transfer window has slammed shut to complete a historic summer of spending in the Premier League. A number of records tumbled on Wednesday as the amount of money spent in the top-flight reached a…