21 Chinese Investors Make Record on Forbes’ 2019 Midas List
According to Forbes, a record number of Chinese investors, particularly women investors, have made Forbes’ 2019 Midas List.
The Brand Power of Chinese Brands is Growing Overseas—Huawei Tops the List
Research from brand equity experts BrandZ—by WPP and Kantar—reveals the “Brand Power” of leading Chinese brands is up 15 percent year-on-year, compared with 5 percent growth last year.
Alibaba Acquires Israeli Startup InfinityAR
Alibaba has acquired the Israeli augmented reality software startup InfinityAR, both companies announced on Mar. 24. While no financial details were disclosed, Globes cited market sources estimating a deal in excess of $10 million.
The NBA and Alibaba Expand Partnership in China
On March 7th, NBA China and Alibaba Group announced today that an expansion of their partnership will bring content from the NBA to Alibaba’s platforms for the first time, as well as including an enhanced online shopping experience for consumers in China.
Alibaba and Office Depot Enters Partnership to Serve Small U.S. Businesses
Office Depot, the well-known American office supplies retailer, is joining forces with China’s Alibaba Group. Alibaba.com will create a new online destination to access the business’s network and serve the needs of small and medium businesses (SMBs) in the United States.
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.
Alibaba Jointly Produced Green Book, an Oscars 2019 Winner
The 2019 Oscar winners are here, and it’s not a U.S. award only!
Alibaba Pictures Group Limited co-produced Green Book, which won Oscars for Best Picture, Best Original Screenplay and Best Actor in a Supporting Role at the 91st Academy Awards (The Oscars).
Alibaba Buys 8 Percent Stake in Popular Chinese Video Platform Bilibili
As if making a marriage announcement on Feb. 14, Alibaba Group announced that it will be deepening its cooperation with the popular Chinese video platform Bilibili.
Alibaba Surpasses 3Q Estimates With 41% Climb in Revenue
On Jan. 31, Alibaba Group announced its financial results for the quarter ended on December 31, 2018. For the past quarter, Alibaba has achieved a revenue of $17,057 million, with a 41 percent year-on-year growth.