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Alibaba

Alibaba’s Self-driving Robots Deliver Over One Million Orders Alibaba

Alibaba’s Self-driving Robots Deliver Over One Million Orders

(Source: Alibaba) Alibaba DAMO Academy, the global research initiative set up by Alibaba Group, today announced that the last-mile logistics vehicle “Xiaomanlv”, developed by its autonomous driving lab, has delivered over one million shipment orders as of September 2021. Currently there are over 200 Xiaomanlv operating in 22 provinces in…
bubmag
September 27, 2021
Alibaba to sell all stake in Mango Excellent Media at a $356 million loss Alibaba

Alibaba to sell all stake in Mango Excellent Media at a $356 million loss

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bubmag
September 24, 2021
Register for a spot in the Alibaba Cloud x KrASIA Global Startup Accelerator Indonesia Demo Day Alibaba

Register for a spot in the Alibaba Cloud x KrASIA Global Startup Accelerator Indonesia Demo Day

The Alibaba Cloud x KrASIA Global Startup Accelerator is live! The program brings together new technologists, venture capitalists, and other players across Asia to identify startups that are compatible with Alibaba’s ecosystem. The accelerator’s selection process involves a series of Demo Days. The Malaysia Demo Day kicked off to a…
bubmag
September 17, 2021
Alibaba Leads $300 million Investment into Autonomous Driving Start-up DeepRoute.ai Alibaba

Alibaba Leads $300 million Investment into Autonomous Driving Start-up DeepRoute.ai

(Source: DeepRoute.ai) DeepRoute.ai, an L4 autonomous driving company in China, announced on Tuesday that it had completed the B round of financing of $300 million, which was led by Alibaba, followed by previous shareholders such as Fosun RZ Capital, Yunqi Partners and Glory Ventures, as well as industrial funds under…
bubmag
September 14, 2021