Alibaba∗ Archives - Page 8 of 27

Meta, Huawei, Alibaba’s DAMO Academy and Others Found Metaverse Standards Forum

Microsoft, Meta, and 34 other companies and organizations have formed a standards group - Metaverse Standards Forum - for metaverse tech.

Alibaba’s Taobao, Tmall and Cainiao Launch Green Activities During 6.18 Shopping Fest

Alibaba's Taobao and Tmall, leading Chinese e-commerce platforms, and Cainiao, a logistics platform, launched several green and low-carbon activities during this year’s 6.18 Shopping Festival.

Alibaba’s Cainiao to Build Two Intelligent Delivery Distribution Centers in Pakistan

On Friday, Cainiao, a logistics company owned by Alibaba, scheduled its first shipment for core equipment and components required for the construction of the upcoming distribution center in Pakistan from the port in Shanghai, China.

JD.com to Research Potential Move Into Food Delivery Sector

Xin Lijun, the CEO of JD Retail, said in an interview that JD.com was studying the possibility of entering the field of food delivery.

Tencent’s WeChat Supports Ads in Moments Linking to Alibaba’s Tmall

Advertisements in Moments, a social-networking function of Tencent's ubiquitous WeChat app, can now direct users to Tmall, an e-commerce platform under Alibaba.

Hurun Releases List of Chinese Companies With Greatest Metaverse Potential

The Hurun Research Institute released on Tuesday a list of metaverse companies it believes show the most promise in 2022. The list is made up of the Top 200 Chinese enterprises with the greatest development potential in the field of the metaverse.

China NFT Weekly: NFT Sales Are Tanking

This week: Alibaba's cloud computing unit launches NFT services, Hong Kong securities regulators to tighten rules around NFT-based collective investment schemes, global NFT sales drop as investors continue to pour money into the sector, and more.

Alibaba.com to Launch Platform and Services for Cross-Border Trade

In order to provide a full-link cross-border trade platform for small and medium-sized merchants engaged in foreign trade, Alibaba.com planned to launch an upgraded digital integrated service solution in September this year.

China Denies Conducting Revival of Ant Group’s IPO

China Securities Regulatory Commission and Ant Group denied the report that Chinese financial regulators have started early stage talks on a potential revival of Ant Group's initial public offering (IPO).

China’s Cloud Services Spending Hits $7.3 Billion in Q1 2022

A Wednesday report released by Canalys showed that cloud infrastructure services expenditures in the Mainland of China grew 21% year on year to reach $7.3 billion in Q1 2022, or about 13% of global cloud infrastructure spending.

Alibaba Cloud’s JV Opens Two Data Centers in Saudi Arabia

Alibaba Cloud and Saudi Telecom Company (STC) jointly announced in Riyadh, Saudi Arabia on Tuesday that two data centers in the city were officially opened.

Ant Group Launches Digital Bank ANEXT in Singapore

ANEXT Bank, a wholly-owned subsidiary of Alibaba-owned financial services provider Ant Group, on Monday officially opened in Singapore.

Alibaba’s Southeast Asian E-Commerce Arm Names James Dong as New CEO

Lazada, a Southeast Asian e-commerce firm owned by Alibaba, has appointed James Dong as CEO of Lazada Group, and he will also serve as CEO of Lazada Indonesia.

Kuaishou E-Commerce Announces Cooperation with Zhima Credit

The e-commerce department of Kuaishou, a popular short video platform in China, announced that it had reached a deal with Zhima Credit, a subsidiary of Ant Group, to launch a new payment scheme on the platform.

Former Vice Chairman of China Securities Regulatory Commission Laura Cha Named Independent Director of Ant Group

Ant Group, the financial technology unit of Alibaba, updated its official website to show two independent directors, Laura Cha and Yang Xiaolei.

Network Information Security Firm Chaitin Tech Becomes Holding Subsidiary of Alibaba

Chaitin Tech, a network information security company, announced on Thursday that it has changed from a wholly-owned subsidiary of Alibaba to a holding subsidiary following a discussion between the two sides.

Ant Group Invested More Than 18.8B Yuan in R&D Last Year

Ant Group, a financial company owned by Chinese tech giant Alibaba, released its "2021 Sustainable Development Report" on Wednesday, officially launching a four-in-one ESG sustainable development strategy.

Alibaba’s Overseas Retail Orders in FY 2022 Up by 34%

Chinese internet and e-commerce giant Alibaba Group Holding Limited released its official report yesterday for the full fiscal year of 2022 and fourth quarter ended March 31.

Taobao to Launch Metaverse Shopping for 618 E-Commerce Festival

In order to prepare for the upcoming 618 Shopping Festival, Chinese e-commerce giant Taobao has set up a special metaverse project team to create an optimized virtual shopping venue.

DingTalk Reportedly to Launch Video Channel

Alibaba Group's free intelligent office communications platform DingTalk was developing a new video product for enterprises, mainly in the form of short videos and livestreaming.

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