Alibaba

(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…

SHANGHAI : Alibaba's supermarket chain Freshippo said on Sunday it was adding more couriers to meet high demand in Shanghai but this was not yet catching up with the rising needs of locked-down residents as the city battles a surge in COVID-19 cases. Shen Li, a vice president at Alibaba…

In 2018 Chelsfield led the purchase of a set of retail units in Central After leasing out its most recent Singapore value-add project to Alibaba and its Lazada unit, real estate investment firm Chelsfield Asia is on the lookout for distressed assets in its Hong Kong home base as it…

By Dr. Long Chen The climate crisis requires that economies achieve net zero carbon emission by 2050. However, average annual greenhouse gas (GHG) emissions during the 2010s have continued to increase, according to the United Nations’ Intergovernmental Panel on Climate Change. Most climate policies have focused on accelerating the supply-side…

Chinese tech giant Alibaba is joining a coalition pledging to freely distribute energy efficient and green technologies, and has made nine patents available as part of the deal.  The patents Alibaba is giving to the Low Carbon Patent Pledge (LCPP) mostly involve parts of its own in-house "soaking server" liquid…

Your browser does not support the audio element. Since the end of last year, several Internet giants have been the center of rumors about layoffs. Technology Daily reported on Wednesday that Alibaba’s DAMO Academy has gone ahead with a plan to cut a third of its workforce. On October 11, 2017,…