Pinduoduo, China’s Facebook-Groupon Mashup, Files for $1B US IPO
Pinduoduo, one of China’s largest e-commerce unicorns, looks to raise around US$1 billion in its U.S. initial public offering (IPO), confirming a report publish...
Tag: #Alibaba
Showing 12 of 360 posts with this tag
Alibaba Leads Funding for Large-Scale Model Startup MiniMax
The large-scale model startup project MiniMax is undergoing a new round of major financing, with Alibaba as the core lead investor.
Alibaba Cloud: Tongyi Qianwen Visual Understanding Model Reduced by 80%
Alibaba Cloud announces a price reduction for large models, with the entire line of Tongyi Qianwen visual understanding models reduced by over 80%.
Hou Yi and Daniel Zhang Jointly Buying Freshippo Is Not True
The founder of Freshippo Hou Yi and former CEO of Alibaba Daniel Zhang's joint purchase of Freshippo for $2 billion is fake news.
Alibaba's Cainiao Withdraws IPO Application and Sells Shares to Alibaba Group
Cainiao has withdrawn its IPO application, and plans to sell all its issued shares to Alibaba Group at a price of up to 3.75 billion USD
Alibaba Enters Exclusive Partnership With Salesforce Amid Trade War
Salesforce announced on July 24 that Chinese e-commerce giant Alibaba is now the exclusive cloud services provider for the American Customer Relationship Management (CRM) service provider in Greater China.
7/25/20192 min read
"Jack Ma did not sell a single share", Clarified Alibaba Partner
Regarding the recent rumors of Jack Ma selling a large amount of Alibaba Group stocks, Jiang Fang, a partner and Chief Talent Officer at Alibaba Group, posted on the company's internal network today stating that "Jack Ma did not sell a single share."
The Tmall "Auto Vending Machine" Is Expected to Be Launched This Year
Within about 20 minutes, Devin had placed an order on Tmall and purchased a new car by using the "auto vending machine." Because his Sesame credit is higher tha...
British PM Mentions Alibaba 3X in 10-Minute Speech: Unlimited Cooperation
"We have just reached a consensus with Alibaba to develop Wuxi Town. And there is unlimited potential for cooperation between the two sides," May said in her sp...
TMall and L’Oréal China Target Male-Grooming Industry
On Sept. 28, Alibaba Group's Tmall and L’Oréal China announced that they will expand their cooperation and find new ways to tap into the Chinese market, leverag...
Southeast Asia’s Grab and Gojek Allegedly Talking Merger, Could Chinese Tech Giants Go That Path?
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.
Alibaba Announces Executive Restructuring
Alibaba announced the 19th major structural adjustment in three years. Daniel Zhang announcing a new round of organizational restructuring.
12/19/20192 min read