Posts Tagged ‘Alibaba’

Alibaba’s Ma warns China to prepare for 20-year trade war

He says China needs to bolster its economy and shift trade from US to regions like SE Asia and Africa
By BLOOMBERG HONG KONG • ...

Alibaba inks Russian JV with Kremlin fund, Mail.ru

Asia’s most valuable firm signs an accord to establish AliExpress Russia, which the local investors will collectively control
MOSCOW • Alibaba Group ...

Jack Ma plans to step down from Alibaba on Monday: NYT

by BLOOMBERG   Alibaba Group Holding Ltd. Chairman Jack Ma told the New York Times that he plans to step down from his role at the company on Monday, ...

Tech start-up funds plummet in China

HONG KONG • The funding deluge that fuelled one of the world’s fastest technology booms may be ebbing.
Capital raised by investment firms intended for ...

SoftBank may lead RM12b round in Alibaba Ele.me

As part of the agreement, Alibaba intends to merge Ele.me with in-house arm, Koubei
By BLOOMBERG HONG KONG • SoftBank Group Corp’s ...

Starbucks partners Alibaba on China delivery push

By BLOOMBERG
SHANGHAI • Starbucks Corp is joining forces with Alibaba Group Holding Ltd to begin delivering its drinks and baked goods in China, ...

China Tower is said to draw Hillhouse, Alibaba to Hong Kong IPO

By BLOOMBERG
HONG KONG • China Tower Corp, the state-owned wireless infrastructure operator, has attracted Hillhouse Capital and a unit of Alibaba ...

Alibaba to invest another RM7.8b in Lazada

by BLOOMBERG
HONG KONG • Alibaba Group Holding Ltd will invest another US$2 billion (RM7.84 billion) in Lazada Group SA and instal one of its most ...

Alibaba to invest another $2 billion in Lazada for expansion

by BLOOMBERG
Alibaba Group Holding Ltd. will invest another $2 billion in Lazada Group SA and install one of its most senior executives to run the ...

JD enlists Tencent as it preps to take on Amazon in the US

JD is in final-stage discussions to sell 15% of its logistics arm to Tencent and other investors in an early fundraising round
By ...

Alibaba’s AI beat humans in Stanford reading test

by BLOOMBERG
HONG KONG • Alibaba has developed an artificial intelligence (AI) model that scored better than humans in a Stanford University reading ...

SoftBank CEO defends ending Sprint talks, sees tough 3 years

By BLOOMBERG
TOKYO • For Masayoshi Son, it all came down to keeping a tight grip on Sprint Corp. In his first public comments since ending talks to ...