Ant Financial to Raise $5B, May Go Public in Two Places
Financial Times reported that Ant Financial is planning to raise $5 billion in a new funding round. This would increase Ant Financial’s market value to more th...
2/14/20182 min read
Tag: #Alibaba
Showing 12 of 365 posts with this tag
Alibaba's Translation Large Model "Marco"Achieves Large-Scale Commercial Use
One of the key strengths of the Marco model is its ability to provide precise translations based on context, driven by a large language model. This approach avoids the pitfalls of literal translations that can often result in laughable ambiguities.
Alibaba signed content licensing deal with Disney
Alibaba Digital Media & Entertainment Group announced a multi-year licensing agreement with Buena Vista Pictures Distribution. More than 1,000 episodes of D...
China's online retailer JD is going global, first stop is Southeast Asia
China's online retail and logistics giant JD is now eyeing up the Indonesian market. It seems the country of 250 million provides the right environment for JD's...
Ant Financial Is Going to Release A Malaysian Version of Alipay
On July 24, Ant Financial announced the signing of an agreement with Touch'n Go (TNG), a company directly affiliated with the CIMB Bank. A joint venture company...
Alibaba Concludes Three-Year "Rectification" Process, States it as a "New Starting Point for Development"
On August 30, China's market regulation authorities issued a statement announcing that Alibaba Group has successfully completed a three-year rectification process, "achieving positive results".
Former Alibaba CEO Daniel Zhang Joins Firstred Capital
The former Chairman and CEO of Alibaba Group, is set to join Firstred Capital as a managing partner.
Tencent Security Team: Google AI Learning System Has Major Security Holes
Tensor Flow, Google AI learning system, had significant security flaws. When using this system to edit the AI scenarios, it is likely to suffer malware attacks,...
Alibaba to Purchase Ele.me and Enter Competitive Chinese Food Delivery Market
Chinese e-commerce giant Alibaba is planning to take over food delivery platform Ele.me for $9.5 billion. While Alibaba and ele.me have both declined to comment...
Alibaba Revenues Soar 61% with Booming E-Commerce on Taobao
Alibaba Group, the Chinese multinational and multi-business conglomerate, announced on Thursday its Q2 earnings report of the quarter ending on June 30, 2018 wi...
8/24/20182 min read
Honda and Alibaba Develop Internet-Connected Car Services
Honda is working with Alibaba to develop services for Internet-connected cars. More and more carmakers are starting to work with Chinese Internet giants to furt...
Belgium Joins Alibaba's Electronic World Trade Platform
Belgian Prime Minister Charles Michel met with Jack Ma from the Alibaba Group in Brussels on July 3 and announced Belgium's participation in the company's digit...