Ep. 13: JD, Google, and the War for the Rest of the World
On June 18, JD.com concluded its annual shopping festival with a transaction volume of around US$24.5 billion. On the same day, the e-commerce platform also ann...
Tag: #Alibaba
Showing 12 of 365 posts with this tag
Chinese Apps Become Popular Overseas
Chinese apps are popular overseas, especially in Russia, America and Japan last quarter. Tool, photography and video apps are the most popular ones. In Russia,...
Alibaba Introduces Top AI Scientists to Accelerate AI To C Layout
According to industry insiders, a top global AI scientist has recently joined Alibaba. Subsequently, they may focus on the research and application of large basic models for AI To C business.
BEST Inc. Receives Acquisition Offer from Buyer Consortium Including Alibaba and Cainiao
On November 7th, BEST Inc. announced that its board of directors had received a preliminary non-binding offer from a buyer consortium consisting of Alibaba, Cainiao, and the company's founder, Zhou Shaoning, to acquire all of the issued ordinary shares.
Malaysian Prime Minister Kicked off China Tour with a Visit to Alibaba
Malaysian Prime Minister Mahathir Mohamad started his closely watched China tour on August 17th and visited Alibaba the next day on his first official trip to C...
Amazon Promotes Overseas Purchases on Prime Day
China’s e-commerce giants make the news each year with their deals on November 11, “Single’s Day,” and June 18. This year, Amazon is will be joining the competi...
7/14/20174 min read
Cainiao Opens China's First Driver-Less Vehicle Park
On Feb. 28, Cainiao announced that the first driver-less vehicle park in China was opened in Chengdu, Sichuan.
Chinese E-commerce Accounts Take Top Three Shopping Spots in Spain
n March 20th, data.ai, a well-known third-party data provider, published the download list of Spanish e-commerce apps, and those from China occupied the top three spots. Among them, Miravia and AliExpress, Alibaba's two major overseas businesses, are first and third respectively.
Alibaba Will Gradually Withdraw from Traditional Brick-and-Mortar Retail Industry
Alibaba is considering exiting non-core traditional brick-and-mortar retail businesses. However, given the current market conditions, it may take time to realize this exit.
JD.com Reports Overall Growth in Second Quarter 2019
JD.com, China's e-commerce giant and retail infrastructure service provider, saw positive results from its second quarter of 2019, according to the newest earnings report released on Aug. 13.
8/14/20193 min read
Alibaba Announces $38 Billion Investment in Cloud and AI Infrastructure Over Next Three Years
Alibaba Group CEO Eddie Wu revealed that the tech giant plans to invest over 380 billion yuan in the next three years to bolster its cloud and AI hardware infrastructure.
Alibaba's Version of ChatGPT Expects to Release Next Week
"Alibaba will launch a large-scale model on the 11th and an industry application model on the 18th." According to insiders, Alibaba's large-scale model will be officially launched at the 2023 Alibaba Cloud Summit, followed by various types of industry application models.