Alibaba Launches 11.11 Global Shopping Festival
On Oct. 19, Alibaba Group officially kicked off the 2018 11.11 Global Shopping Festival in Beijing, promising this year’s mega-event will be the largest ever in...
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Tencent Sets its Sights on Order as it Turns 20
At the annual staff meeting on December 15, Tencent chairman and CEO Pony Ma, President Martin Lau, COO Ren Yuxin and Senior VP Zhang Xiaolong spoke about the c...
Alibaba Gathers Nobel Laureates and Scientists for the New Open Research Platform “Luohan Academy”
Alibaba Group announced the establishment of Luohan Academy, an open research platform with Nobel Laureates and leading social scientists on June 27. The goal o...
Baidu Takeout will be Sold
After months of seesaw battle, the fate of Baidu Takeout may soon be decided, mostly likely to be taken over by ele.me. Currently, ele.me official responds tha...
Luohan Academy Releases Report on Digital Technology and Inclusive Growth
Luohan Academy, an open research institute initiated by Alibaba Group Holding Limited, released its first report examining the relationship between digital technology and economic growth at the 2019 World Economic Forum in Davos.
China's Coffee War Escalates as Tencent Joins Hands With Luckin
Bejing-based coffee chain Luckin Coffee and Internet giant Tencent openly challenge the Starbucks-Alibaba alliance by announcing their strategic agreement on Se...
Cainiao IPO Is Proceeding As Usual
Although Cloud Intelligence Group has halted its spin-off and Freshippo's IPO plan has been postponed, Cainiao's IPO is proceeding as planned.
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 Cloud Open Sources Tongyi Qianwen with 7 Billion Parameter Model
August 3rd news, today Alibaba Cloud open-sourced the Qwen-7B and Qwen-7B-Chat models with a total of 7 billion parameters. Both models are general-purpose and conversational models, and they are open-source, free, and available for commercial use.
JD.com Officially Enters the Real Estate E-Commerce Business
On September 18, Zeng Fuhu, former VP of Sohu net and GM of Sohu Focus, confirmed to All Whether TMT that he officially joined JD.com at the end of July and ser...
E-Commerce Platform Kicks Crew Lands $6M in Round A Financing
Kicks Crew, an e-commerce platform featuring sneakers and apparel, recently completed an A round of financing worth $6 million.
$14.3 Billion in 2017, China Pushes Globalization with Cross-Border E-Commerce
China Customs recently announced that in 2017, the cross-border e-commerce industry in China grew 80.6% year-over-year to reach US$14.3 billion in turnover. Thi...