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Alibaba

Ant Financial Pumps USD32 Million Into Smart Parking Operator

Ant Financial Pumps USD32 Million Into Smart Parking Operator

A unit under Alibaba’s payment arm Ant Financial Services Group has penned a deal to plow CNY200 million (USD32 million) into smart parking operator Shenzhen Shunyitong Information Technology Co.

Feb 14, 2018
Liao Shumin
Xiong’an Opens China’s First Blockchain Rental Scheme to Thwart Landlord Fraud

Xiong’an Opens China’s First Blockchain Rental Scheme to Thwart Landlord Fraud

China’s state-level district Xiong’an New Area, in the heart of the Beijing-Tianjin-Hebei region, is operating the country’s first blockchain-based home…

Feb 14, 2018
Dou Shicong
AcFun Resumes Running After 11-Day Hiatus

AcFun Resumes Running After 11-Day Hiatus

China’s popular video website AcFun restarted operations yesterday after its website and app shut down for 11 days, but it…

Feb 13, 2018
Dou Shicong
Tencent, NetEase Bury the Hatchet With Music-Sharing Deal

Tencent, NetEase Bury the Hatchet With Music-Sharing Deal

Tech titans Tencent Holdings Ltd. and NetEase Inc. have cast aside their differences to pen a music licensing deal which…

Feb 13, 2018
Dou Shicong
Alibaba Digital Media Gets Multi-Year License From Disney Distribution Unit

Alibaba Digital Media Gets Multi-Year License From Disney Distribution Unit

Alibaba Digital Media & Entertainment Group has signed a multi-year licensing agreement with a distributor of Walt Disney Co. that…

Feb 12, 2018
Dou Shicong
Alibaba Extends New Retail Plans With USD864 Million Buy Into Easyhome

Alibaba Extends New Retail Plans With USD864 Million Buy Into Easyhome

Chinese e-commerce powerhouse Alibaba Group Holding Ltd. and leading home decor firm Beijing Easyhome Investment Holding Group Co. plan to…

Feb 12, 2018
Xu Wei
Jack Ma Champions Global Tax Waiver for Cross-Border E-Commerce

Jack Ma Champions Global Tax Waiver for Cross-Border E-Commerce

The scourge of trade protectionism should be distanced from the cross-border e-commerce sector, Beijing News quoted billionaire entrepreneur Jack ma…

Feb 9, 2018
Xu Wei
Alibaba Expands Big Data for Traditional Industry Through Petrochemical Firm Contract

Alibaba Expands Big Data for Traditional Industry Through Petrochemical Firm Contract

Chinese e-commerce stalwart Alibaba Group Holding Ltd. has won a contract from Hengyi Petrochemical Co., the country’s biggest polyester maker,…

Feb 9, 2018
Tang Shihua
Alibaba Partners Shiji Information to Expand Its Offline Presence

Alibaba Partners Shiji Information to Expand Its Offline Presence

Chinese e-commerce stalwart Alibaba Group Holding Ltd. is looking to dive into data systems for hotels, restaurants and retailers by…

Feb 8, 2018
Tang Shihua
China’s Apple Stores Now Accept Alipay

China’s Apple Stores Now Accept Alipay

Apple Inc. aims to boost product sales in China by allowing customers at its retail stores to complete transactions using Alipay, Alibaba Group Holding Ltd.’s mobile payment service, from today.

Feb 7, 2018
Xu Wei
Rising Consumerism in China: Trends Among Young Shoppers

Rising Consumerism in China: Trends Among Young Shoppers

As young Chinese adults born in the 1990s are growing up and earning a wage, they are playing an increasingly important role in the country’s consumer market.

Feb 7, 2018
CBN Data
Tencent, iDreamSky Build Public Gaming Platform to Make Life Easier for Developers

Tencent, iDreamSky Build Public Gaming Platform to Make Life Easier for Developers

The world’s largest gaming firm Tencent Holdings Ltd. has penned a deal with publisher iDreamSky Technology Ltd. to create an open cloud platform and offer system solutions to developers.

Feb 7, 2018
Duan Qianqian