Pinduoduo Founder Debuts in Hurun China Rich List 2018
With a fortune of 95 billion RMB ($14 billion), 38-year-old Colin Huang, founder of the e-commerce giant Pinduoduo, ranked 13th on the Hurun China List 2018 rel...
Tag: #Alibaba
Showing 12 of 360 posts with this tag
Alibaba's Financial Report - Best Fiscal Year with $39.3 Billion in Revenue
Alibaba's financial report for the past quarter (January 1 to March 31, 2018), and for the fiscal year of 2018 has just been published by Alibaba Group Holding ...
Alibaba Co-founder Completes Acquisition of Brooklyn Nets
Alibaba co-founder Joseph Tsai became the official owner of Brooklyn Nets by acquiring another 51% of its shares and the Barclays Center on September 19, according to Xinhua Sports.
9/19/20192 min read
Cashless society will never appear in China, but a new era has come
It is reported that according to some analysts, China, the first country that used paper banknote in the history, now with the surge in mobile payments, may bec...
Alibaba Might Be Eyeing Hong Kong Listing Amidst Political Turmoil
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.
10/31/20192 min read
Chinese Tourists Purchase a Lot with Alipay and 70 Japanese Banks have Decided to Fight Back
Today, China's National Day golden week has become a global golden week. Data estimate that more than six million Chinese travel overseas during this year's Na...
Tencent and Alibaba Announces a Music Copyright Cooperation
Tencent and Alibaba reached an agreement on music copyright cooperation and granting exclusive music licensing rights to each other. This cooperation casts a ma...
Pakistan's Telenor Group and Ant Financial reached a strategic partnership
Telenor Group has reached a strategic partnership agreement with Ant Financial in Pakistan, where Ant Financial will invest USD 184.5 m for a 45% stake in Telen...
Alibaba Announces Strategic Partnership with FAW Group
Alibaba has announced a strategic partnership with FAW Group, one of China’s largest automobile companies.
1/9/20202 min read
Weiye Chen: Xianyu the Third Trillion Worth Platform for Alibaba
The Xianyu 2017 Strategic Conference was held in Beijing on November 16. The company is the third trillion worth platform that Alibaba has developed after Taoba...
11/18/20172 min read
Missfresh Raises Largest Financing of $500M
Missfresh partner Xiao-hui Xu announced at the Third A20 New Agricultural Festival on December 24 that Missfresh would complete a new round of financing next we...
Cainiao Global Partners With Shoplazza to Launch Customized Logistics Services
Cainiao Global, a logistics company backed by Chinese tech giant Alibaba, reached a cooperation agreement on Wednesday with commerce platform Shoplazza.