Alibaba∗ Archives - Page 14 of 27

Female Alibaba Employee Claiming Sexually Assault Is Sued by Former Company VP for Reputation Infringement

Widespread public attention was previously focused on the case of a female Alibaba employee surnamed Zhou who claimed she had been sexually assaulted in a lengthy post to the company's internal messaging platform.

Meituan’s Smart Transportation Platform Split, Ride-Hailing Division Now Independent

Meituan recently split its smart transportation platform, which was established less than one year ago. The car-hailing and unmanned vehicle distribution divisions under the platform are independent.

Alibaba CEO Zhang Yong Decentralizes Power Within Firm

People familiar with the matter have indicated that Zhang Yong, CEO of Alibaba Group, is delegating power to the heads of various business departments of the company.

Weibo Launches Global Offering of 11 Million Shares, No Higher Than $49.75 Per Share

Chinese Twitter-like platform Weibo announced plans to sell 11 million shares globally through its IPO in Hong Kong, including 5.5 million new shares and 5.5 million sales shares.

China’s State Administration for Market Regulation Unveils 43 Anti-monopoly Cases

Most of them were internet enterprises, including Baidu, Alibaba, Tencent, Meituan, ByteDance, JD.com, Suning.com, Sina, 58 Group and more.

Alibaba Group Announces September Quarter Results

Chinese internet and e-commerce giant Alibaba Group on Thursday announced its financial results for the fiscal quarter ended September 30, 2021.

Weibo Passes HKEx Listing Hearing, Revenue Increased by 30% YoY in Q3

Leading Chinese microblogging platform Weibo had passed its listing hearing, with Goldman Sachs, Credit Suisse, CLSA and CICC acting as co-sponsors.

Alibaba Invests 40 Million Yuan in Dazhong Chuxing

Shanghai Dazhong Public Utilities (Group) Co., Ltd. announced on Wednesday that Dazhong Chuxing plans to increase capital, enlarge shares and attract a new investor – Alibaba.

Bilibili Unveils Q3 Financial Report, Joins Patent Non-Aggression Community

Bilibili, a leading video community in China, announced on Wednesday its unaudited financial results for the third quarter of this year.

Alibaba Cloud Bolsters Asia-Pacific Footprint, Sets up Cloud Data Centers in Korea and Thailand

Alibaba Cloud announced on Tuesday that it will further bolster its Asia-Pacific footprint and will set up two new cloud data centers in South Korea and Thailand.

AutoX Now Operates China’s Largest Fully Driverless Robotaxi Service Area Covering 65 Square Miles of Shenzhen

Alibaba-backed autonomous driving firm AutoX now operates China’s largest service area for fully driverless Robotaxis, spanning 65 square miles of Shenzhen, China’s leading tech hub located in the southern province of Guangdong.

As Recruitment Declines, China’s Internet Giants Learn to Slow Down

“There are two 18-year-olds, one in China, the other in the United States, both poor and short on prospects. You have to pick the one with the better chance at upward mobility. Which would you choose?”

DingTalk, Alibaba’s Office Software Platform, Establishes Audio and Video Division

Alibaba's office software DingTalk has recently set up an Audio and Video Division which will include a specialized audio laboratory in the division. The new division of the company will be led by acoustic expert Feng Jinwei.

Alibaba Bets Big on Europe for Global Future of ‘Double 11’ Shopping Day

Alibaba’s annual ‘Double 11’ promotional period centered around November 11 is the undisputed king of e-commerce shopping festivals.

Guangdong Consumer Council Scheduled Regulatory Meeting with Seven Major E-Commerce Platforms to Discuss Unqualified Products

The Consumer Council of Guangdong Province summoned seven large e-commerce platforms including Taobao, Kuaishou, Pinduoduo, and JD.com.