Alibaba

Alibaba’s Finance Arm Gets Green Light to Securitize Illiquid Assets

Alibaba’s Finance Arm Gets Green Light to Securitize Illiquid Assets

Two micro-lenders backed by Alibaba Group Holding Ltd. have secured regulatory approval to raise funds through asset-backed securities products, allowing…

Jan 16, 2018
She Qingqi & Du Chuan
Alibaba’s Tmall Genie Sells Robots in Unstaffed Retail Store

Alibaba’s Tmall Genie Sells Robots in Unstaffed Retail Store

China’s e-commerce giant Alibaba Group Holding Ltd. opened an unstaffed store in Beijing, where its smart voice assistant ‘Tmall…

Jan 16, 2018
Dou Shicong
Alibaba Claims US Trade Office Scapegoated Taobao to Meet Geopolitical Aims

Alibaba Claims US Trade Office Scapegoated Taobao to Meet Geopolitical Aims

Chinese e-commerce stalwart Alibaba Group Holding Ltd. claimed it is victim of politics after US authorities again named its online shopping platform Taobao on its list of “notorious markets.”

Jan 15, 2018
Xu Wei
Alibaba Said to Take USD3 Billion Stake in Bike-Sharer Ofo

Alibaba Said to Take USD3 Billion Stake in Bike-Sharer Ofo

Chinese internet giant Alibaba Group Holding Ltd. has reportedly bought a USD3 billion stake in leading bike-sharing firm Beijing Bikelock…

Jan 12, 2018
Xu Wei
Regulators Order Baidu, Alipay, Toutiao to Resolve Alleged User Privacy Violations

Regulators Order Baidu, Alipay, Toutiao to Resolve Alleged User Privacy Violations

Regulators have ordered platforms that three of China’s top internet firms operate to resolve alleged user privacy violations, China Securities Network reported.

Jan 12, 2018
Tang Shihua
Didi Chuxing's Bike-Sharing Entry May Upset Market Dynamic

Didi Chuxing's Bike-Sharing Entry May Upset Market Dynamic

Didi Chuxing has finally acknowledged it will enter the saturated bike-sharing market. Propping up the sagging Chinese bike-sharing firm Bluegogo on its platform is only its first deployment.

Jan 11, 2018
Zhao Chenting
Alibaba Closes 240,000 Taobao Stores in 2017 to Crack Down on Fake Products, IP Infringement

Alibaba Closes 240,000 Taobao Stores in 2017 to Crack Down on Fake Products, IP Infringement

China’s e-commerce giant Alibaba Holding Ltd. that runs popular trading platform Taobao.com tackled copyright and intellectual property infringement issues, closing…

Jan 11, 2018
Ma Xiaohua
Alibaba Links Up With MediaTek to Introduce Unified IOT Protocol

Alibaba Links Up With MediaTek to Introduce Unified IOT Protocol

One of the world’s largest retailers Alibaba Group Holding Ltd. will partner Taiwanese chip maker MediaTek Inc. to develop new technologies for the Internet of Things.

Jan 10, 2018
Dou Shicong
Ant Financial Puts Money Into Small Loan Units Despite Increased Scrutiny

Ant Financial Puts Money Into Small Loan Units Despite Increased Scrutiny

Jack Ma’s Ant Financial Services Group, a provider of asset-backed securitization products, put money into two affiliated small loan companies…

Jan 10, 2018
She Qingqi and Xu Yanyan
China’s Internet Watchdog Calls on Alibaba to Rectify Data Collection Practices

China’s Internet Watchdog Calls on Alibaba to Rectify Data Collection Practices

China’s main internet regulator has instructed two units of Alibaba Group Ltd. to review their data collection practices following recent…

Jan 10, 2018
Tang Shihua
Tencent Cloud’s Chongqing Heishi Data Center Kicks Off Operations to Help Manufacturing Enterprises

Tencent Cloud’s Chongqing Heishi Data Center Kicks Off Operations to Help Manufacturing Enterprises

Tencent Cloud’s Heishi Data Center in Chongqing has started its operations to provide high-performance computing and technology services for manufacturing…

Jan 10, 2018
Duan Qianqian