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Alibaba's Tmall Organizes Technology Summit to Launch Advaced Gadgets in China

Apr 18, 2016 09:12 AM EDT

Alibaba-backed Tmall.com organized a technology summit called "TES" on Monday, with the ambition of establishing a communication platform for consumer electronics enterprise.

Alibaba has been asked for more Accounting Information by SEC

Alibaba Acquires Controlling Stake in Lazada

Chi Cuesta |

Apr 12, 2016 02:31 PM EDT

Alibaba Group Holding Ltd. continues its acquisition spree as the Chinese Internet giant announced that it is buying a controlling stake in Lazada Group, a Singapore e-commerce startup, to the tune of $1 billion. The said procurement is the company's biggest to date.

Chinese tech firms reportedly commit to help combat online terrorism activities

Chinese Tech Firms Commit to Help Fight Online Terrorism Activities

Charissa Echavez |

Apr 12, 2016 11:05 AM EDT

Technology firms in China have committed to combatting online promotion of terrorism, the government's internet regulator announced on Tuesday.

Alibaba Founder Jack Ma Buys High-End Chateau de Sours in France

Alexis Villarias |

Apr 12, 2016 09:39 AM EDT

Jack Ma, the founder of the multi-billion dollar online retailer Alibaba, completed the purchase of Chateau de Sours in Bordeaux, adding to the growing list of Chinese investors interested in France's wine region. The purchase is expected to quench China's growing thirst for top vintage wines.

Alibaba Inks Deal to Promote Rugby in China

Girish Shetti |

Apr 10, 2016 02:48 PM EDT

World Rugby, the international governing body of rugby union, has inked a 10 year deal with Chinese e-commerce giant Alibaba Group Holding Ltd in a bid to increase popularity of rugby in the world's most populous nation.

Two Chinese firms formed a consortium to acquire all shares and ADSs of Chinese e-commerce Dangdang

Huaxi Group, iMeigu Jointly Post Bid to Acquire Chinese e-Commerce Dangdang

Charissa Echavez |

Apr 09, 2016 08:57 AM EDT

Two Chinese companies formed a consortium to acquire all outstanding shares and American depository shares (ADS) of Chinese e-commerce firm Dangdang.

Alibaba Celebrates South China Morning Post Acquisition by Dropping Paywall

Rina S. |

Apr 07, 2016 08:53 AM EDT

Alibaba is looking to dominate online newspaper arena with its aggressive strategy. The company recently acquired South China Morning Post along with the Hong Kong editions of Cosmopolitan, Elle and Esquire.

Alibaba’s Annual Sales Crosses 3 Trillion Yuan

Girish Shetti |

Mar 23, 2016 11:59 AM EDT

China's e-commerce giant Alibaba Group announced on Monday that it has achieved a major milestone as its Gross Merchandise Value (GMV) for the current fiscal year crossed ¥3 trillion ($462 billion) mark.

Rumored counterfeits in China could affect its economy. Alibaba Chairman Jack Ma receives interviews at the Water Cube on Nov. 11, 2015 in Beijing, China. (Photo: ChinaFotoPress/ChinaFotoPress via Getty Images)

Rumored Counterfeits in China Hurting Country’s Manufacturing Sector: Jack Ma

Jenia Cane |

Mar 20, 2016 07:47 PM EDT

The rumored counterfeits being produced in China could adversely affect the country's economy.

WeChat is set to launch a separate app for its enterprise clients

WeChat to Launch Separate App for Enterprise Clients

Charissa Echavez |

Mar 12, 2016 01:33 PM EST

Messaging app WeChat is set to launch a different application intended for its growing enterprise clients.

Alibaba Health suspended by China Food and Drug Administration

China Halts Alibaba Health Online Drug Monitoring Operation, Company Claims Otherwise

Charissa Echavez |

Feb 25, 2016 05:06 AM EST

The food and drugs regulatory board of China has halted the implementation of a drug-coding system managed by Alibaba Health Information Technology Ltd, while the department is currently revising its policy on monitoring pharmaceutical sales.

Uber is losing $1 billion per year because of heated competition

Uber Losing $1 Billion a Year due to Tough Competition in China

Charissa Echavez |

Feb 20, 2016 04:23 AM EST

Taxi-hailing app Uber is reportedly burning through over $1 billion per year in China as the competition intensifies with another China-based taxi app Didi Kuaidi.

Alipay shoved off issues and confirms it is not charging clients fee for cash withdrawal

Alipay Will Continue Cash Withdrawal Service for Free

Charissa Echavez |

Feb 17, 2016 12:23 PM EST

Shoving off speculations, China's leading third-party online payment system Alipay revealed via a social media post on Tuesday that it will continue to offer its cash withdrawing service for free.

A recent survey reveals that over 60 percent of students avail of student loans to shop

Over 60 Percent of Chinese Students Apply for Online Loans to Shop and Travel, Survey Reveals

Charissa Echavez |

Feb 02, 2016 08:03 AM EST

A new report reveals that more than 60 percent of Chinese students borrow money from online financial services, and most of it is allocated for shopping.

Garnet, a tech consultancy firm, revealed that mobile payment system will soon invade public services

Public Services in China to Accept Mobile Payment Soon

Charissa Echavez |

Jan 30, 2016 07:50 AM EST

A recent report by market research firm Gartner said a mobile payment system will soon be used by residents in more than 70 percent of the cities in China to pay for bills including taxes and electric dues. The firm revealed that a number of local government agencies have been persuaded to switch to the new payment platform.

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