Alibaba

Chinese bicycle sharing startup Hello Inc, which is backed by Jack Ma’s Ant Group, is trying to raise funds at a lower valuation, just a month after scrapping its U.S initial public offering plans, Bloomberg News reported on Wednesday. The company is seeking to raise between $100 million and $300…

The Alibaba Cloud x KrASIA Global Startup Accelerator brings together new technologists, venture capitalists, and other players across Asia to identify startups that are compatible with Alibaba’s ecosystem. The inaugural Demo Day, which looked to highlight startups focused on Malaysia, was well-received in Southeast Asia. Representatives from Alibaba, Vision Plus…

Where did BitGo come from? In all of this time covering El Salvador’s Bitcoin Law, the name wasn’t in the picture. Now, all of a sudden, Forbes claims that BitGo’s technology is behind the controversial Chivo wallet. How and when did this happen? Or, more importantly, is this real news…

TAIPEI—Chinese authorities said the actions of a manager with e-commerce giant Alibaba Group Holding Ltd. accused of sexually assaulting a co-worker didn’t rise to the level of a crime, dropping a case that had drawn widespread public attention and sent Chinese tech companies scrambling to implement sexual-harassment policies. District prosecutors in the…

NFTs seem to have escaped Beijing’s ire for anything decentralized, and Sino Global Capital thinks there is more growth coming for NFTs in China. The asset class has been adopted by a number of wealthy Chinese people, and AliBaba has also set up an NFT exchange. In addition to Alibaba,…

NEW YORK, Sept. 7, 2021 /PRNewswire/ -- The online furniture market is set to grow by USD 84. NEW YORK, Sept. 7, 2021 /PRNewswire/ -- The online furniture market is set to grow by USD 84.26 billion, decelerating at a CAGR of almost 16% during 2020-2024. The report offers an up-to-date analysis…

Prosecutors in China’s Jinan city said on Monday night that their probe into the alleged sexual misconduct by a former Alibaba manager did not constitute a crime. Local police later said on Weibo that they will no longer pursue a criminal investigation. The suspect, Wang Chengwen, was placed in administrative…

Chinese prosecutors have dropped charges against a former Alibaba employee accused of raping a female colleague, underscoring the difficulties of prosecutions and convictions involving sexual abuse cases. Police in the northeastern city of Jinan — where the alleged incident took place — said Monday that the ex-manager surnamed Wang was…

The aftermath of a sexual assault case at Alibaba and the Thai insurtech startup that caught Tencent’s eyeRead More

Jorge Masvidal’s second Gamebred Fighting Championship event will no longer take place next weekend. Gamebred FC 2 was scheduled to take place in Biloxi, Miss., on Sept. 11, but the impact of Hurricane Ida has forced the bare-knuckle MMA company to postpone the card, Masvidal announced via Instagram on Friday.…