Alibaba

(Source: WeRide) Chinese autonomous driving company WeRide offered hundreds of passengers their first-time robotaxi rides through the WeRide Go App and Alibaba’s Amap within the 144-square-kilometer operating area in Huangpu District in Guangzhou during the 8-day national day holiday.  The company saw 17.9 orders per day for each Robotaxi with…

Chinese travelers overseas prefer to use what they are accustomed to at home, WeChat Pay or Alipay. The U.S. threatens to take actions against Ant’s and Tencent’s payment platform According to media reports, the United States is considering introducing restrictions on the digital payment platforms of China’s Ant Group and…

IT services nonprofit Jisc, which runs the UK's academic network Janet, has awarded framework contracts worth up to £35m to provide remote access to British research and courses, including from China. The deals are designed in part to give overseas students access to UK courses as travel remains severely restricted…

BEIJING — Asian stock markets followed Wall Street higher on Friday on hopes Washington will provide more aid to the struggling U.S. economy.Benchmarks in Shanghai, Hong Kong, South Korea and Sydney advanced. Tokyo was off 0.1%.Wall Street gained Thursday after President Donald Trump suggested he might be reversing his decision to…

Ant is trying to launch its estimated $35bn initial public offering in Shanghai and Hong Kong before the November 3 US election to avoid potential market volatility.Jack Ma’s Ant Group has a narrow window to make its much-anticipated market debut ahead of U.S. election turbulence. Now its bankers must grapple…

China is in an imported-fresh-fruit frenzy that has caught the attention of its ecommerce players. Plus, a Vietnamese audio and podcast startup has stopped operations.Read More

(THR) As North America's box office crumples, China's theatrical film business is back in an enormous way.A collection of high-profile local films released in China over the past week to coincide with the country's National Day and Mid-Autumn Festival holiday period, which lasts eight days. Jackie Chan's latest action flick, Vanguard…

The two entities also formed a joint venture to develop and invest in China's travel retail segment.Read More

CIW / Technology / Mobile reach in 2020: Tencent, Alibaba, Baidu, ByteDanceSeptember 14, 2020 By CIW TeamTencent has the highest reach of 98.7% of China mobile internet users in June 2020. Alibaba and Baidu reach 97.6% and 91.2% mobile internet users respectively while ByteDance follows closely with 66.7% reach.Tencent, Alibaba,…

The Q2 2020 worldwide cloud infrastructure services market continued to surge, as spending grew 31% to US$34.6 billion, according to Canalys.Overall, total expenditure was over US$3.5 billion higher than the previous quarter and US$8 billion more compared with Q2 2019 according to Canalys data. But growth rates continued to be…