Go For the WeChat Gold: E-commerce Business Increases 20 times In One Year?
"Alibaba and JD.com have established offices to compete with Pinduoduo.” said Bin Huang, an e-commerce merchant. Relying on WeChat traffic, Pinduoduo has become...
Tag: #Alibaba
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Alibaba Plans to Reduce Its Stake in XPeng Motors, Worth about $3.14 Billion
Alibaba reduced its holdings of XPeng Motors' ADS worth approximately $314 million after terminating the director appointment agreement with the company.
Alibaba to Start Massive Layoffs, Sources Say
Alibaba's MMC business unit is planning to sever ties with many employees, while the proportion of layoffs in this round will stand at roughly 20%.
3/14/20223 min read
Jack Ma Establishes a $10 Million Prize to Support Young African Entrepreneurs
Jack Ma announced on August 8 the establishment of the Africa Netpreneur Prize to encourage young Africans to start their own businesses. 800 entrepreneurs, ven...
Alibaba Partners with Sensetime to Launch AI Lab in HK
Alibaba is partnering with artificial intelligence startup Sensetime to establish a not-for-profit artificial intelligence lab to foster tech talent in Hong Kon...
Alibaba Plans to Ring the Bell at the Hong Kong Stock Exchange on November 26
On November 14, according to Tencent News, Alibaba's IPO officially opened for Hong Kong-based institutional investors.
Alipay to Dedicate One Billion Yuan for Chinese Women's Football
On Wednesday, Alipay released a document entitled "Work Summary of Supporting Women's Football in China," which introduced the firm's investments and achievements in supporting women's football in recent years.
Mobike Sues Advertisers: Beijing, Guangzhou Fleets Plastered with Illegal Ads
Mobike is declaring war on illegal ads. Mobike sued Shanghai Huijia Information Technology in Shanghai Pudong District People's Court on December 14. Mobike de...
Ep. 16: Bike-sharing in China, Part 2: Mobike and the Future of Personal Transportation
This episode of TechBuzz China is our second of two focused on bike-sharing in China. In it, co-hosts Ying-Ying Lu and Rui Ma tell the story of the rest ...
Alibaba, Tencent, ByteDance Summoned by Chinese Internet Regulator over Voice Software and “Deep-fake” Technology
China’s internet regulator held talks with 11 heavyweight tech companies to discuss the firms’ use of voice-based social platforms and “deep-fake” technology.
Jack Ma Just Ate His Own Words
He Swore ‘Never Do Games Business’ While Now Enter Game Industry in High Profile In June 2010, when talking to the then Chinese Premier Wen Jiabao, Alibaba Cha...
Netflix to Distribute Chinese Youku Romantic Comedy “I Hear You”
Netflix has purchased exclusive distribution rights to stream Chinese streaming website Youku's original web series "I Hear You" outside of China, said the Alibaba-owned video site on May 10.