Alibaba Invests $634 Million in Lazada
Southeast Asian e-commerce giant Lazada has received an additional investment of $634 million from its parent company, Alibaba Group.
12/13/20232 min read
Tag: #Alibaba
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Alibaba Unveils New AI Chip Hanguang 800 That Will Optimize Online Shopping
Alibaba unveiled its first AI inference chip on September 25 at Alibaba Cloud’s annual flagship Apsara Computing Conference.
Ant Group Announced Organizational Restructuring
Previously, it was officially confirmed that Han Xinyi would take on the role of CEO of Ant Group starting from March 1, 2025. This reorganization marks the first significant move made by Han Xinyi since the announcement of his upcoming CEO position.
12/23/20242 min read
Custom Alibaba Sans Typeface Available For Free Use in 178 Languages
Chinese tech giant Alibaba debuted a new version of its custom Alibaba Sans typeface in traditional Chinese, Japanese, and Korean scripts. The typeface will be freely available for general use.
8/16/20222 min read
Jack Ma Sends His Last Open Letter to Shareholders as Alibaba's Chairman
Alibaba holds its annual shareholder meeting in Hong Kong today. Jack Ma, the Chinese business magnate and Alibaba's co-founder, addresses shareholders in an op...
Tencent Music Plans to Sell 3% Stock and the valuation is $10 billion now
Reported by Bloomberg on September 1. According to the informed resource, Tencent Music Entertainment Group plans to finish a new round of financing before its ...
China’s 2019 Top 10 Global Tech Companies
In 2019, Chinese tech companies increasingly shifted their focus overseas, in an effort to gain influence and market share abroad.
Chinese Tourists Bring Alipay Overseas
When shopping in China there's no need to bring your wallet, most people use their phones to pay, regardless of if you are buying a piece of gum or a new car.
Alibaba Cloud Launches New AI and Big Data Products, Establishes Damo Academy in Shanghai
Alibaba Cloud unveiled a suite of AI and big data products for international markets at a recent summit in Singapore, aiming to accelerate global AI-driven digital transformation.
Chairman of Alibaba's Local Life Group, Yu Yongfu, to Step Down from His Management Role
Alibaba Group announced on March 1 that Yu Yongfu, Chairman of the Local Life Group and CEO of Ele.me, will step down from his management roles by the end of the current fiscal year.
Amap's "World Map" Goes Live
Recently, at the departure ceremony of the "Belt and Road Global Journey" international segment, Amap announced the official launch of its product "World Map".
Cainiao is Getting Ready for 11.11 Global Shopping Festival with Robotic Warehouse
As Nov.11 is approaching, Cainiao, a Chinese logistics firm mostly owned by Alibaba, opened the largest robotic smart warehouse in China to prepare for the upco...