Alibaba∗ Archives - Page 5 of 27

Former President of Alibaba-backed Umeng+ Joins Starbucks China as CTO

Jasper Luo, former president of Umeng+, an Alibaba-backed startup providing mobile app analytics solutions for mobile development teams and individual developers, reportedly joined Starbucks China earlier this year as CTO.

Alibaba Programmers Help Tech Dreams of Children in Undeveloped Areas

Chinese internet giant Alibaba's project of encouraging tech talent to boost rural revitalization is helping children in undeveloped areas across the country enjoy free, low-code programming platforms, laying a solid foundation for their future development.

Debt-Ridden Chinese E-Commerce Firm Suning.com Denies Bankruptcy

Suning.com and its logistics subsidiary became involved in a bankruptcy review case on November 21, triggering rumors about the e-commerce platform that has been struggling with a persistent debt crisis. This report was later officially denied by the company.

World’s Largest Shopping Festival Is Going Green

Around the same time as delegates convened in Egypt for COP27, the world's largest shopping festival "11.11 Global Shopping Festival" also kicked off. While sustainable consumption has long been on the agenda against global warming, challenges still persist.

Co-CEO of Alibaba-Backed IM Motors Comments on Recent Tesla Accident in China

Liu Tao, the co-CEO of Alibaba-backed IM Motors, commented on a recent fatal incident involving a Tesla vehicle in China. The executive believed that the Amercian EV maker had resorted to incredible excuses and even caused vehicle owners to monitor brake pedals with cameras.

Alibaba Delays Primary Hong Kong Listing as Revenue Growth Slows

Hangzhou-based internet giant Alibaba stated on November 17 that it will not complete a primary listing in Hong Kong before the end of the year as initially planned. This delay comes as the firm struggles with slowing growth at home.

“No tableware” Orders Reach 1.3 Billion on Ele.me, Driven by Carbon Emission Reduction Advocation

The orders with the "No tableware" option have reached 1.3 billion on Ele.me, according to its president Yongxin Fang. It is equivalent to reducing the use of more than 6,000 tons of wood and more than 3,000 tons of plastic.

Metaverse Platform Yahaha Bags $40M in Round-A+ Financing Led by Temasek and Alibaba

Virtual user-generated content metaverse platform Yahaha announced on November 15 that it has completed round-A+ financing totaling $40 million, jointly led by Temasek and Alibaba and followed by 37 Interactive Entertainment.

Subdued Singles’ Day Reflects China’s Evolving E-Commerce Sector

Singles' Day culminated in a frenzy of promotions on Friday, although lackluster consumer activity may reduce some of its shimmer.

Alibaba Says It Assumes Greater Responsibility With Advanced Technology

Daniel Zhang, Chairman and CEO of Alibaba, affirmed at this year's Apsara Conference that technology serves as the cornerstone for the internet giant to maintain its long-term development. Alibaba says that its pursuit of technological advancement remains unchanged.

Alibaba to Launch Product Linking Digital Humans and Devices in Early 2023

Several teams within Chinese tech giant Alibaba are jointly developing a device interaction engine that will be fully taken over by digital humans.

Retailers Obtain Alibaba Support for Attracting Loyal Members During This Year’s 11.11

Alibaba features more than 290,000 brands for the 14th edition of its 11.11 Global Shopping Festival. This year, the internet giant has equipped merchants with tools and solutions to grow their brand loyalty membership programs to help them succeed during and beyond 11.11.

China Telecom Denies Signing Strategic Cooperation Agreement On Nov 2 With Alibaba

Reports emerged recently claiming that Chinese tech giant Alibaba and state-owned China Telecom signed a strategic cooperation agreement on November 2. However, China Telecom stated on November 3 that this news is totally false.

Alibaba’s Self-Developed CPU Yitian 710 Sees Large-Scale Commercial Use

On November 3, Zhang Jianfeng, President of Alibaba Cloud Intelligence, announced that the self-developed Cloud-native processor "Yitian 710" has now been put into large scale use in several commercial fields.

Taobao Live Urges Promotion of Agricultural Products During Double 11 Shopping Festival

Taobao Live issued an initiative to all livestreamers on the platform, expressing the hope that more agricultural products could be promoted in order during this year's Double 11 Shopping Festival to boost China's rural revitalization.

Virtual Livestreaming Firm MRStage Wins A-Round Financing Worth Around $13.7M From Alibaba

MRStage, a Chinese online virtual activity services provider, has recently completed round-A financing worth around 100 million yuan ($13.7 million) from Chinese tech giant Alibaba, which also became its shareholder on October 26.

Chinese Internet Giants Like ByteDance and Alibaba Launch Part-Time Job Sites to Reduce Costs

Since the beginning of the year, many Chinese internet giants such as ByteDance, Meituan and JD.com have launched new part-time job platforms in an attempt to further reduce their operating costs.

How Alibaba Secures Business Growth Certainty for Merchants During This Year’s 11.11?

Alibaba kicked off the 14th edition of its 11.11 Global Shopping Festival. The Chinese leading e-commerce player equips merchants with tools and solutions to secure business growth certainty for merchants during and beyond 11.11.

Alibaba-backed AutoNavi Adapts to Apple’s New Dynamic Island Feature

AutoNavi, a digital map and navigation service provider backed by Alibaba, announced on October 21 that it was the first one in China to adapt to Apple iPhone14 Pro and iPhone14 Pro Max's Dynamic Island feature.

Alibaba Kicks Off One-Month Netpreneur Training Program for Africa

Alibaba Global Initiatives, a professional training arm under Alibaba, has enrolled a second class of more than 360 African entrepreneurs for its Alibaba Netpreneur Training program, a philanthropic initiative that aims to support the next generation of business leaders in Africa.

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