Simon Hu, CEO of Ant Financial, Alipay’s rebranded parent company, announced that Alipay plans to upgrade from merely a financial service platform to a digital life service platform within the next three years.
While Gojek has reportedly denied its involvement in such talks, a potential merger between the two does not sound like something completely out of the question.
The recent coronavirus outbreak dramatically increased the penetration of productivity apps on the Chinese market, which in turn will likely accelerate the digitization of local enterprises.
In 2019, Chinese tech companies increasingly shifted their focus overseas, in an effort to gain influence and market share abroad.
Alibaba has announced a strategic partnership with FAW Group, one of China’s largest automobile companies.
Alibaba announced the 19th major structural adjustment in three years. Daniel Zhang announcing a new round of organizational restructuring.
The current level of technological development surely allows for more creative ways of dealing with natural disasters than simply sending tents and canned food to those who managed to survive the cataclysm.
On November 14, according to Tencent News, Alibaba's IPO officially opened for Hong Kong-based institutional investors.
Southeast Asia, home to over 600 million people going through an economic and technological transformation akin to the one that China went through a decade ago, is a natural target for China’s tech titans.
Alibaba Group might be eyeing a public listing in Hong Kong as early as November to raise up to $15 billion, people familiar with the matter said on October 30.
Chinese e-commerce behemoth Alibaba announced on October 9 that the company will stop selling e-cigarette components in the US.
Xpeng Motors launched its partnership with Alibaba to implement the Alibaba In-Car Mini APP into the Xpeng P7.
Alibaba has released a social networking app for university students named Real Ruwo (lit. the real me), Chinese media reported on September 24.
Alibaba unveiled its first AI inference chip on September 25 at Alibaba Cloud’s annual flagship Apsara Computing Conference.
At Alibaba’s 2019 Investor Day held on September 24, Eric Jing, Ant Financial’s Chairman and CEO, delivered a speech highlighting the company’s recent progress.