Alibaba

December 11, 2021 By CIW Team In Q3 2021, mainland China’s cloud infrastructure services spending increased by 43% year on year to US$7.2 billion, according to data from Canalys. Operational workload transfer and cloud-native application development continued to drive investment as part of organizations’ digital transformation goals. In mainland China,…

Pan Shiyi could have looked grumpy about the US Open match or because his $3 bil deal was called OB Mainland authorities are continuing to clamp down on the nation’s billionaires with real estate power couple Pan Shiyi and Zhang Xin, who together control and manage developer Soho China, recently…

(Source: Unsplash) On Thursday, UTour Group Co., Ltd. announced through the Shenzhen Stock Exchange that Feng Bin, the controlling shareholder and actual controller of the company, and Guo Hongbin, a shareholder holding more than 5% of the company’s shares, signed a share transfer agreement with Alibaba (China) Network Technology Co.,…

In the past year, Chinese tech giants have ventured into the NFT realm, tapping and fueling the popularity of virtual assets in China. In June, Alibaba plunged into the realm of NFTs, selling out 16,000 limited-edition artworks in a matter of minutes on the company’s payment arm, Alipay. The artistic…

Twitter integrating the Strike API to bring Bitcoin payments to the social media giant’s Tips feature made news the world over. While many users are eagerly waiting for the global rollout, Strike CEO Jack Mallers has been on an interview spree. During an episode of the What Bitcoin Did podcast,…

The sale of related accessories has also been banned, along with cryptocurrency itself. The China-based e-commerce company Alibaba has banned sales of cryptocurrency miners on its website. Alibaba Will Close Two CategoriesAlibaba’s announcement states that two categories will be closed: blockchain miners and blockchain miner accessories. The prohibition means that…

(China Daily) With stunning presale receipts exceeding 85 million yuan ($13.1 million), the upcoming film, The Battle at Lake Changjin, is currently topping the country's presale box-office charts for the upcoming National Day holiday , one of the most fiercely contended periods for blockbusters.A recreation of the title battle, a turning…

China’s Alibaba has begun offering payment services from Tencent’s WeChat on a number of its apps, after the government ordered major tech firms to stop blocking each other’s services and links.Local tech blog 36Kr reported on Tuesday that users of Alibaba’s food delivery app Ele.me, luxury goods app Kaola and…

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