Alibaba∗ Archives - Page 10 of 27

Alibaba’s Price-for-Quality Brand Taobao Xinxuan to Recede

Taobao Xinxuan, an affiliate shopping channel and product line of Alibaba’s Taobao, will change from an independent brand to providing products for Tmall Supermarket, focusing on young families.

President of Alibaba Cloud China Resigns

Alibaba Cloud, a cloud computing and artificial intelligence tech firm owned by Alibaba, is undergoing a new round of organizational restructuring. Ren Geng, president of Alibaba Cloud China, has resigned.

Indonesian Tech Giant GoTo Debuts on Indonesian Stock Exchange

Indonesian tech giant GoTo Group officially made its debut on the Indonesian Stock Exchange (IDX) through an initial public offering (IPO) on Monday. The company's stock code is GOTO.

Daily Journal Halves Its Investment in China’s Alibaba

Daily Journal Corporation, a publishing and software company chaired by Charlie Munger, said it has halved its investment worth $32.6 million in Chinese e-commerce giant Alibaba Group, a regulatory filing showed on Monday.

Alibaba’s Ele.me, Hema Fresh and Cainiao Send 3,000 Frontline Workers to Aid Shanghai Lockdown

Platforms under Chinese internet technology giant Alibaba have actively organized qualified frontline workers to ensure Shanghai's supply and distribution of goods.

How Long Could China Maintain Its Leadership Position as World Factory?

Is China-focused outbound investment as the theme for our first Fund solid enough? How long could China maintain its supply chain advantage?

Alibaba International Station Bans the Sale of E-cigs From May 1

On Thursday, Alibaba International Station announced that it will ban the sale of e-cigarettes starting May 1, 2022.

Alibaba Executive Jiang Fan Steps Down as Legal Representative of Several Firms

Recently, Jiang Fan, an executive of Alibaba, will no longer serve as the legal representative and chairman of several companies.

Alibaba Invests in EQuota Energy

EQuota Energy on Tuesday issued a change to its official registration with the Industrial and Commercial Administration, adding Alibaba as new shareholder.

Alibaba Tests Youth Trend-Oriented Social E-Commerce App Taibang

Global tech firm Alibaba is testing an app called "Taibang", a social e-commerce community focused on trendy youth culture.

Alibaba Replaces Manager of Second-Hand Goods Platform Xianyu

Jin Ke, the general manager of Xianyu, a second-hand goods platform owned by Alibaba Group, was officially transferred to AliExpress last week. At present, Alibaba Vice President Liu Bo is directly responsible for Xianyu.

SAIC and Alibaba-Backed EV Brand IM Motors Begins Finalizing Orders

IM Motors, a premium electric vehicle brand founded jointly by China's largest car company SAIC and e-commerce giant Alibaba, on Tuesday began locking in orders for its first model, the L7 Pro.

AR Tech Firm Nreal Secures $60M in Round C+ Financing Led by Alibaba

Nreal, an augmented reality (AR) technology company, announced on Wednesday that it has completed a round C+ of financing totaling $60 million, led by Alibaba Group.

Community Group Buying Platform Nice Tuan Shrinks

Community group buying platform Nice Tuan had shut down all of its operations in cities across the country. The company has entered an aftermath stage in which it is dealing with payments to suppliers and settlements with employees.

Taobao Tests WeChat Pay Option

The mobile app of Taobao, a leading Chinese online shopping platform operated by Alibaba, has begun to provide the option to use Tencent's WeChat Pay.

China NFT Weekly: PBoC’s Hiring Spree

This week: Chinese tech giants tighten platform rules on digital collectibles as regulation remains uncertain, China strengthens control of capital outflow following US Fed's interest rate hike, and more.

JD.com Group-Buying Arm Reportedly Plans to Lay Off 10-15% of Staff

Jingxi, the community and discount purchasing arm of Chinese e-commerce giant JD.com, is reportedly planning to lay off 10-15% of its staff members.

Alibaba Enlarges Share Repurchase Plan, Appoints New Independent Director to Board

Alibaba Group announced Tuesday that the company’s board has authorized the raising of its share repurchase program to $25 billion from the previous level of $15 billion.

Alipay Launches New Function to Prevent Minors From Game Addiction

Recently, online payment platform Alipay launched a new function called “Game Lock”, which can help parents monitor their children's the game payments and game play duration.

Alibaba’s Office Communications Software DingTalk Appoints New COO

Ku Wei, general manager of the IoT business unit within Alibaba Cloud, has taken up the post of COO of DingTalk, an office software product owned by Alibaba Group.

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