Alibaba

Beijing’s New Airport Aims to Attract Top Duty-Free Brands with Smart Retail System

Beijing’s New Airport Aims to Attract Top Duty-Free Brands with Smart Retail System

The under-construction Daxing International Airport in Beijing will install a smart retail system for its duty-free shopping area as part…

Dec 12, 2017
Dou Shicong
Hundsun Announces New AI Strategy for Fintech, Shares Leap 8.3%

Hundsun Announces New AI Strategy for Fintech, Shares Leap 8.3%

Hundsun Technologies Inc. [SHA:600570], a Chinese fintech firm affiliated with billionaire entrepreneur Jack Ma, plans to bring in an artificial intelligence strategy and new financial products.

Dec 11, 2017
Dou Shicong
Alibaba Makes Cash Offer to Acquire Entire Issued Share Capital of Sun Art Retail to Expand Its ‘New Retail’ Strategy

Alibaba Makes Cash Offer to Acquire Entire Issued Share Capital of Sun Art Retail to Expand Its ‘New Retail’ Strategy

A unit of Alibaba Group Holding Ltd. [NYSE:BABA] has bought all issued shares of hypermarket operator Sun Art Retail Group…

Dec 8, 2017
Xu Wei
China EV Unicorn NIO May IPO in the Second Half of Next Year

China EV Unicorn NIO May IPO in the Second Half of Next Year

Chinese electric vehicle (EV) unicorn NIO has begun preparing to list publicly after it recently secured USD1 billion investment from internet titan Tencent Holdings Ltd. [HK:0700].

Dec 8, 2017
Qian Tongxin
Chinese AI Chip Unicorn Will Settle in Xiong’an New Area

Chinese AI Chip Unicorn Will Settle in Xiong’an New Area

Cambricon Technologies Corp., a unicorn in the field of artificial intelligence chips, has received name approval for a subsidiary to…

Dec 8, 2017
Dou Shicong
Tencent Makes Heavy Investments in Fresh Food Brand Super Species to Compete With Alibaba’s Hema Fresh Food

Tencent Makes Heavy Investments in Fresh Food Brand Super Species to Compete With Alibaba’s Hema Fresh Food

China’s internet titan Tencent Holdings Ltd. [HKG:0700] has made substantial new investments in Yonghui Superstores Co.'s [SHA:601933] fresh food brand…

Dec 8, 2017
Dou Shicong
Ford Partners Alibaba to Redefine Car-Buying Experience in China

Ford Partners Alibaba to Redefine Car-Buying Experience in China

Ford Motor Co. [NYSE:F] has struck a deal with Chinese e-tail behemoth Alibaba Group Holding Ltd. [NYSE:BABA], which will see…

Dec 8, 2017
Liao Shumin
I’ve Met Zhao Wei at Most 10 Times, Why Do People Always Put Us Together in Photos? Jack Ma Wonders

I’ve Met Zhao Wei at Most 10 Times, Why Do People Always Put Us Together in Photos? Jack Ma Wonders

Gossip involving Zhao Wei and her husband and Jack Ma has once again boiled over on the internet.

Dec 8, 2017
Liao Shumin
Alibaba Ups Presence in Guangzhou, Lets Locals Ride Public Transit Using Alipay

Alibaba Ups Presence in Guangzhou, Lets Locals Ride Public Transit Using Alipay

China’s internet monolith Alibaba Group Holding Ltd. [NYSE:BABA] has recently expanded its presence in Guangzhou in southeastern Guangdong province, the largest city in southern China.

Dec 7, 2017
Wang Zhen
Hangzhou-Based iTrigger Gets USD15 Mln in A-Round Funding to Provide Richer App Services for China’s Cloud Market

Hangzhou-Based iTrigger Gets USD15 Mln in A-Round Funding to Provide Richer App Services for China’s Cloud Market

Hangzhou iTrigger Cloud Computing and Technology Co., a new retail solution supplier, founded by Yu Sicheng, vice president of Alibaba…

Dec 7, 2017
Tang Shihua
Our Acts Were Proper, We Will Defend Ourselves, Alibaba Says to Revived IPO Lawsuit

Our Acts Were Proper, We Will Defend Ourselves, Alibaba Says to Revived IPO Lawsuit

The 2nd US Circuit Court of Appeals ruled on Tuesday (Dec. 5) that Alibaba Group Holding Ltd. [NYSE:BABA] must answer…

Dec 7, 2017
Liao Shumin