Alibaba

July 6, 2021 By CIW Team More than 60% of brands choose to launch new products online during the past one year, and most choose Tmall, according to a joint report by Yicai and Alibaba. According to the data of the report, in recent years, the total number of new…

Xpeng Motors said on Monday it has priced its shares at HK$165 ($21.20) apiece and expects to raise about HK$14 billion in its upcoming IPO. Listed in the US, Xpeng’s Hong Kong offer price represents a 52% discount on its New York closing price of $43.74 on July 2. The…

Alibaba’s chairman and CEO Daniel Zhang outlined the company’s latest internal reorganization in a letter sent to his staff on July 2, resulting in the formation of a new business group focused on local lifestyle services. In the new unit, Yu Yongfu will lead a newly consolidated on-demand lifestyle services…

Publish date:Jul 2, 2021 2:05 PM EDTAlibaba has been a sore laggard compared with its large- and mega-cap peers. Can that change in the second half of 2021? Alibaba  (BABA) - Get Report has been a total dog so far this year. Shares were trading well into the fourth quarter of…

Xiamen-based Qingci Games last week filed for an initial public offering in Hong Kong Its investors include Tencent, Alibaba, Bilibili and private equity firm Boyu Capital Published: 2:00am, 3 Jul, 2021 Updated: 2:00am, 3 Jul, 2021 Read More

(Source: Alizila) Alibaba has announced a major organizational shift in its company, integrating three of its major location-based businesses, namely AutoNavi, Local Life and Fliggy, into its life services section. The announcement was made on Friday by Zhang Yong, the current chairman and CEO of Chinese tech giant Alibaba Group. Yu…

Strike CEO Jack Mallers says Coinbase and other providers are overcharging customers to advance “shitcoins” From today, US customers of payments startup Strike can buy and sell Bitcoin at almost no fees, the firm has announced. Strike, which recently revealed plans to help El Salvador in its bitcoin adoption, aims…

Jack Mallers. Source: Twitter/@JackMallers Strike, a bitcoin (BTC) banking service by the US-based Bitcoin Lightning startup Zap, about to enable their users to buy BTC on its platform with no added fees - which would make a major difference in paying for transactions when compared to crypto exchange Coinbase, and…

FOR THE past decade few aspects of modern life have made geeks drool more than the cloud, the cumulus of data centres dominated by three American tech giants, Amazon, Microsoft and Google, as well as Alibaba in China. In America some liken their position of impregnability to that of Detroit’s…

Tencent Cloud Native Accelerator named 38 companies on its shortlist Tencent Cloud Native Accelerator announced the first phase of shortlist of selected companies, including 38 cloud-native companies such as Kyligence, StreamNative, Oushu, TreeLab, XSKY, and Open AI Lab. According to statistics, the total valuation of the above 38 companies exceeds…