$10m Jack Ma prize will support African digital start-ups
The Alibaba executive chairman announces a prize for African entrepreneurs, to support exemplary young Internet leaders.
Alibaba Cloud Receives MySQL Corporate Contributor Award
Alibaba Cloud, the cloud computing arm of Alibaba Group, has won the 2018 MySQL Community Awards: Corporate Contributor, which recognizes its contribution to the MySQL ecosystem, the world's most popular open source database.
Alibaba Cloud's Indonesian Data Center Commences Operation
Alibaba Cloud, the cloud computing arm of Alibaba Group, today announced the commencement of operations for its first data center in Indonesia.
Alibaba, Foxconn invest $350m in electric car start-up
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's Tencent, JD.com invest $863m in online retailer Vipshop
The deal will see Tencent invest $604 million for a 7% stake in Vipshop, while JD.com will invest $259 million for 5.5%.