Alibaba Archives - Page 13 of 18

Renault Teams Up with Alibaba to Sell Cars on Tmall

In 2018, car manufacturer Renault celebrated its 120th birthday. On March 7, Dongfeng Renault held its “Brand Night” in Shanghai and released its “Mid-term Business Plan” for 2022. Renault announced that it has partnered with Alibaba Group in technology and new retail services as a key part of Renault’s “In China, For China” strategy.

Baidu Establishes Institute for Quantum Computing

Since the beginning of this year, quantum computing has attracted vast attention, with an increasing number of companies competing for leadership in the field. Today, Baidu announced its establishment of the Institute for Quantum Computing. It plans to establish world-class standards within the next five years and gradually integrate quantum computing into its business.

Tencent, Alibaba, Baidu and NetEase Rumored to Return to A-Shares through CDR

Beijing-based media group Caixin Global reported that the list of companies issued China Depositary Receipts (CDR) has been released. The companies include BATJ (Baidu, Alibaba, Tencent, and JD.com), Ctrip, Sina Weibo, NetEase and Sunny Optical Technology.

Alibaba Sets Up Joint Research Center in Singapore to Focus on AI

On February 28, Chinese tech giant Alibaba and the Nanyang Technological University (NTU) established a joint research institute in Singapore. The institute will focus on AI applications, including health care, smart home and urban transportation.

Alibaba to Purchase Ele.me and Enter Competitive Chinese Food Delivery Market

Chinese e-commerce giant Alibaba is planning to take over food delivery platform Ele.me for $9.5 billion. While Alibaba and ele.me have both declined to comment on “market rumors”, an Alibaba executive confirmed this news to the media without disclosing further details.

China Leads the AI Industry with Second Most AI Enterprises

Railway stations in Beijing, Shanghai, Nanchang and other cities adopted facial recognition systems that identify each passenger in three seconds. Shenzhen Railway Police formed a robot police team for the Spring Festival. China’s train-ticketing website 12306.cn developed Graphics Verification Code security to prevent ticket scalpers.

2018 Goals: Jack Ma’s Goodwill, Lei Jun’s Determination, and Cheng Wei’s Ambition

Since the Spring Festival of 2018, enterprises have concluded their annual meetings, revealing numerous important information.

Ant Financial to Raise $5B, May Go Public in Two Places

Financial Times reported that Ant Financial is planning to raise $5 billion in a new funding round.

Alibaba signed content licensing deal with Disney

Alibaba Digital Media & Entertainment Group announced a multi-year licensing agreement with Buena Vista Pictures Distribution. More than 1,000 episodes of Disney animations will be available on Youku and other over-the-top (OTT) platforms that partner with Alibaba.

Jack Ma, IOC President Thomas Bach Say Beijing Winter Games May Use Facial Recognition

Alibaba Chairman Jack Ma spoke at the Winter Olympics in South Korea on February 10. Over the last four days, Jack Ma traveled twice between South Korea and China to meet with IOC President Thomas Bach. Ma spoke at the First Global Cross-border E-Commerce Conference, offering insights into cloud computing and cross-border e-commerce.

More Than Half the 124 Unicorns of 2017 are BAT Investments

After a chilling 2016, the capital markets became more rational in 2017. The overall trend remains unclear, but investors seem willing to back projects that show clear rewards. This has led to broad heavy investment, creating more unicorns than previous years.

Ant Financial: the Number of Blockchain Patents Ranks the First, Irrelevant with ICO

China far outnumbers the US in blockchain patents and leads the world, according to the latest blockchain patent list. Alibaba is the world’s leading enterprise in terms of number of patents published for blockchain technology. All of its 49 patents came from the Ant Financial technology laboratory.

UC Browser Reaches 170M Active Monthly Users in India, Indonesia

UC Browser announced its monthly active user count in India and Indonesia reached 170 million, with 130 million in India and 40 million in Indonesia.

Controversial New Retail: A New Business Opportunity in 2018?

2017 was a year of great changes in China’s retail industry. New retail methods, new industry definitions, new categories and new technologies emerged.

BrandZ: Internet Tech Companies Make List of Top 50 Chinese Global Brand Builders

Google and WPP released a list of the Top 50 Chinese Global Brand Builders 2018 on February 6 in Beijing.

Why are Chinese Companies ‘Unwelcome’ in US?

During the first month of 2018, the major Chinese companies Alibaba and Huawei were denied access to the US market. Undeniably, the cautiousness of the Chinese and US governments on investment have made it increasingly difficult for Chinese companies to expand their business to the US market.

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 speech.

Alibaba Cloud ET City Brain Help Malaysia to Ease Traffic

Malaysia Digital Economy Corporation (MDEC) and Dewan Bandaraya Kuala Lumpur (DBKL) announced plans to introduce Alibaba Cloud ET City Brain. Artificial intelligence will be fully applied to the Malaysia transportation management, urban planning, environmental protection and other fields. In the first phase, AI will be applied to 281 road crossings in Kuala Lumpur.

Alibaba’s Wang Jian: Mayors in the Machine Intelligence Era will not be Human

Wang Jian, Alibaba‘s technical committee chairman, spoke at the Global Emerging Technology Summit sponsored by the MIT Technology Review and DeepTech in Beijing on January 28.

Alibaba: Average Daily Tax Exceeds 100M Yuan in 2017, Creates 33M Jobs

Alibaba recently released its 2017 data related to social responsibility. During 2017, Alibaba paid more than 100 million yuan per day in taxes, drove more than 290 billion yuan in tax payments through upstream and downstream companies and created 33 million jobs.

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