Alibaba, Foxconn invest $350m in electric car start-up

30 Jan

Chinese electric car maker Xiaopeng Motors plans to release its first vehicle this year, with investment from Alibaba Group and Foxconn Technology.

Alibaba Cloud Launches Malaysia City Brain to Enhance City Management

Alibaba Cloud, the cloud computing arm of Alibaba Group, today announced the launch of its Malaysia City Brain initiative in collaboration with the Malaysia Digital Economy Corporation (MDEC), the country's digital economy development agency, and Dewan Bandaraya Kuala Lumpur (DBKL), the city council in the capital, at a ceremony in Kuala Lumpur.

China online quiz craze lures tech giants

Jan 23, 2018

Some of China's biggest tech companies use cash prizes to draw millions of contenders to mobile-based online quiz shows.

China's Tencent, invest $863m in online retailer Vipshop

Dec 18, 2017

The deal will see Tencent invest $604 million for a 7% stake in Vipshop, while will invest $259 million for 5.5%.

Ford to test online sales in China

Dec 7, 2017

The car manufacturer is expected to sign a deal that may allow Ford to sell cars in China through Alibaba's online retail arm.

US court revives lawsuit against Alibaba

Dec 6, 2017

The appeals court revives a lawsuit accusing Alibaba of defrauding shareholders by concealing a regulatory warning about counterfeiters.

Pargo scores SA first at Alibaba e-commerce initiative

Nov 7, 2017

The high-tech logistics company is selected as the first South African delegate to join the Alibaba eFounders programme.

Alibaba begins $15bn overseas R&D drive

Oct 13, 2017

The company plans to build overseas research hubs as it plans to compete with global leaders in e-commerce, logistics and cloud technology.

Lyft IPO could benefit diverse group of investors

Sep 29, 2017

An initial public offering by the ride services firm could benefit a broad cross-section of investors, including Alibaba and Tencent.

Digital giants pose a growing threat to financial players

Sep 19, 2017

Google, Apple, Amazon Pay and Alibaba are now far more dangerous than they have ever been for traditional banking institutions.

Sharing economy set to reach $40bn in 2022

Aug 1, 2017

The global sharing economy will see substantial growth, as players in more established sectors press their first mover advantage, says Juniper.

Baidu profit jumps as focus on mobile, AI narrows

Jul 28, 2017

Sharpened focus on mobile and artificial intelligence services drives growth in the Chinese company.