Category

Alibaba

China asks banks, firms to report exposure to Jack Ma’s Ant Group -Bloomberg News Alibaba

China asks banks, firms to report exposure to Jack Ma’s Ant Group -Bloomberg News

A man walks past an Ant Group logo at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 8, 2021. REUTERS/Yilei Sun/File Photo Register now for FREE unlimited access to Reuters.comFeb 22 (Reuters) - Chinese regulators have asked state-owned firms to kick-off a fresh round of checks to find…
bubmag
February 22, 2022
China asks banks, firms to report exposure to Jack Ma’s Ant Group -Bloomberg News Alibaba

China asks banks, firms to report exposure to Jack Ma’s Ant Group -Bloomberg News

:Chinese regulators have asked state-owned firms to kick-off a fresh round of checks to find out their investments into and other linkages with billionaire Jack Ma's Ant Group, three people with knowledge of the matter said. State-owned banks and non-bank firms are among the entities that have been asked by…
bubmag
February 22, 2022
Alibaba exec confirms exploration of direct sales model, but no plans to replace Tmall Alibaba

Alibaba exec confirms exploration of direct sales model, but no plans to replace Tmall

Alibaba is not going to rebrand its B2C marketplace Tmall to Maoxiang, an anonymous executive at the company’s digital business unit told local media outlet Guancha on Feb. 19. The source partially confirmed a prior rumor that Alibaba is working on Maoxiang, a new online direct sales service adopting a model similar…
bubmag
February 21, 2022
Alibaba-backed AutoX Builds China’s First Level 4 RoboTaxi Production Line Alibaba

Alibaba-backed AutoX Builds China’s First Level 4 RoboTaxi Production Line

AutoX, the front-runner in Level 4 fully autonomous RoboTaxis in China, has built the first dedicated production facility in the country to produce Level 4 fully driverless RoboTaxis. Fleets of AutoX’s Gen5 system-equipped RoboTaxis – which were officially launched in July this year and operate without accompanying safety drivers –…
bubmag
December 22, 2021
Daily Digest | Dual Asia Stars Alibaba

Daily Digest | Dual Asia Stars

Hi there. It’s Brady. If you’ve been following KrASIA, then you will surely have seen that our company has been organizing a series of demo days in partnership with Alibaba Cloud. The latest event featured ten firms that operate in Hong Kong. Two were named as winners: GridMarkets offers cloud-based visualization…
bubmag
December 21, 2021