Alibaba Group will close its music streaming platform Xiami Music next month, in a move that marks a step back from […]
Tag: alibaba
Daniel Zhang Says China’s Draft “Convenient And Necessary”
The CEO of Alibaba said on Monday, that China’s move to draft rules aimed at stopping monopolistic behavior by internet […]
Alibaba Starts Single Day Event, but SAMR Draft Regulations Is Ruining Their Mood
Hangzhou-based Alibaba, Group Holding started its annual Singles’ Day shopping festival on Wednesday, with sales already surpassing CNY372 billion, or […]
Alibaba’s Alipay to open app to more services to take on Meituan
Ant Financial, an affiliate of Chinese e-commerce giant Alibaba, will start allowing third-party vendors to offer services such as food […]
China postal savings bank ties up with Ant Financial on fintech innovation
Postal Savings Bank of China, the state bank with the largest branch network, said it had signed a strategic cooperation […]
Alibaba to halt sales of electronic cigarette ingredients in the US
The move follows announcements by Kroger Co and Walgreens Boots Alliance Inc this week that they would ban the sale […]
China sends state officials, 100 private firms including Alibaba
The local government said on its website that China’s central technology center Hangzhou plans to appoint government officials to employ […]
Alibaba, $ 2 billion acquisition of Netease e-commerce arm
The long-rumored Kaola deal and music investment immediately highlight a defensive move to keep growth players warm from the hands […]
China, the new digital currency will be similar to Facebook Scales
Mu Changchun, deputy director of the People’s Bank of China’s payment department, said the currency development will help protect the […]
Rally stock, China’s Baidu beats earnings expectations
Baidu reported a slight 1% revenue decline and a 62% net profit decline for the second quarter, but the result […]
