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11/21/2024 11:02:42 pm

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Alibaba founder Jack Ma

Jack Ma Says His Biggest Mistake was Making Alibaba

Jack Ma believes that the biggest mistake in his life was making Alibaba.

Alibaba GMV

Jack Ma Wants Alibaba to Equal the World’s Fifth-Richest Country by 2020

China's richest man wants to see his company in the ranks of the world's richest countries.

Walmart partners with JD.com.

Walmart Sells Chinese E-Commerce Business to Alibaba's Rival

U.S. retail giant Walmart is moving towards another strategy that would give it better footing in the Chinese lucrative market.

Samsung Pay follows Apple Pay to China

China's Mobile Payment Market is Dominated by Young Adults

Chinese mobile users ages between 20 and 39 are now leading the race in China's rapidly growing domestic proximity mobile payment market - accounting for the majority of all mobile payment users in the country.

Alibaba founder Jack Ma

Alibaba’s Jack Ma Claims Counterfeit Products are of Better Quality Than Original

Alibaba founder Jack Ma has stirred controversy after stating that Chinese-manufactured counterfeit goods are now even better than the genuine products they are imitating. His statement has complicated the efforts being made to weed out fakes from Alibaba's platforms such as TaoBao.

Didi Chuxing

Didi Chuxing: Uber Rival Raises $600 Million from China Life Insurance

Chinese ride-sharing and ride-hailing app Didi Chuxing announced an infusion of $600 million from China Life Insurance Co Ltd, which also holds a stake in Didi Chuxing's rival and American multinational Uber.

China-Based Internet Company Alibaba Debuts On New York Stock Exchange

Alibaba Pictures to Invest More in Chinese Film Industry

Speaking at the Shanghai International Film Festival on Sunday, CEO of Alibaba Pictures Production, Zhang Qiang, announced that the company is planning more acquisitions to develop the Chinese film industry.

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

China Leads the Race in Mobile Payments; Users Expected to Reach 195 Million in 2016

China, the second largest global economy, is currently the most dominant force in the proximity mobile payment market in the world.

Jack Ma

Jack Ma Calls on Hong Kong Youth to "Think Clearly" About What They Will Lose if They Cut Ties with China

Alibaba chief Jack Ma has asked youths in Hong Kong to seriously consider the consequences of wanting to cut ties with China.

Chinese cab-hailing app Didi

Didi Claims to be Making Profit in 200 Cities in China

Didi Chuxing Technology Co., the largest ride-hailing company in China, has revealed that it is earning profits in more than half of the cities it is currently active in. The company is operating in about 400 cities in China.

SoftBank Sells Partial Stake in Alibaba

SoftBank Offloads $7.9 Billion Worth of Alibaba Stock

Japanese firm SoftBank has announced that it is liquidating $7.9 billion worth of its stake in Alibaba Group Holding Ltd. The sale will reduce SoftBank's share in Alibaba from 32.2 percent to about 28 percent.

Alibaba to Invest in AI Search Technology

Alibaba to Invest in Search Developer Twiggle

Alibaba is betting big on Artificial Intelligence by investing in Israeli search startup firm Twiggle. The investment will help the Chinese e-commerce giant to boost its position in the sector.

Jack Ma at Guiyang International Big Data Expo 2015

Big Data Becomes Bigger in China: 2016 International Expo Kicks off in Guizhou

Big Data is going big in China as the Guiyang International Big Data Expo 2016 kicks off on Thursday in the city of Guiyang, the capital of the Guizhou province located in southwest China.

Alibaba has been asked for more Accounting Information by SEC

Alibaba Under SEC Investigation for Accounting Practices

U.S. regulators have initiated an inquiry into Alibaba's accounting practices following its annual blockbuster sales day last year.

Tencent Holdings acquires a majority stake in 'Clash of Clans' maker Supercell Oy from Japan's SoftBank.

China's Tencent in Talks to Acquire A Majority Stake in 'Clash of Clans' Hitmaker Supercell from Softbank

WeChat owner Tencent Holdings Inc. is reportedly negotiating to acquire a majority stake in Clash of Clans hit maker Supercell Oy from Japan's SoftBank Group Corp.

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