Wednesday , September 19 2018
Home / alibaba group

alibaba group

Alibaba goes big on Russia with joint venture focused on gaming, shopping and more – TechCrunch

Alibaba goes big on Russia with joint venture focused on gaming, shopping and more – TechCrunch Alibaba is doubling down on Russia after the Chinese e-commerce giant launched a joint venture with one of the country’s leading internet companies. Russia is said to have over 70 million internet users, around …

Read More »

Alibaba announces CEO Daniel Zhang will succeed Jack Ma as chairman next year – TechCrunch

Alibaba announces CEO Daniel Zhang will succeed Jack Ma as chairman next year – TechCrunch Following weeks of speculation about Jack Ma’s imminent retirement, Alibaba Group announced today that its CEO, Daniel Zhang, will succeed Ma as chairman next year. After stepping down as chairman on September 10, 2019 (exactly …

Read More »

Jack Ma says he isn’t about to retire from Alibaba but is planning a gradual succession – TechCrunch

Jack Ma says he isn’t about to retire from Alibaba but is planning a gradual succession – TechCrunch Reports of Jack Ma’s impending retirement are greatly exaggerated, it seems. Ma, the co-founder and executive chairman of Alibaba, has pushed back on claims that he is on the cusp of leaving the $420 billion …

Read More »

Is China’s digital silk road going to pave over Silicon Valley? – TechCrunch

Is China’s digital silk road going to pave over Silicon Valley? – TechCrunch Over the past 20 years, China has now grown into one of the largest consumer technology markets, with thousands of startups and funding rivaling Silicon Valley. In 2018, Chinese entrepreneurs are seeking to expand their businesses beyond …

Read More »

Terra is an ambitious crypto project to build a stable coin through e-commerce – TechCrunch

Terra is an ambitious crypto project to build a stable coin through e-commerce – TechCrunch Four of the world’s largest crypto exchanges are leading a $32 million investment in an ambitious venture out of Korea that’s aiming to develop a new stable coin using e-commerce as the lynchpin. Global exchanges …

Read More »

China’s Didi suspends carpooling service after another female passenger is mudered – TechCrunch

China’s Didi suspends carpooling service after another female passenger is mudered – TechCrunch Chinese ride-hailing firm Didi Chuxing, the $60 billion-valued company that bought out Uber’s China business, has suspended its carpooling service after the murder of a female passenger. The fatally is the second such incident this year after …

Read More »

Alibaba confirms it raised $3B for its newly consolidated local services business – TechCrunch

Alibaba confirms it raised $3B for its newly consolidated local services business – TechCrunch Alibaba has confirmed that it has raised $3 billion for its new-look local services business after it united its Koubei local services business with Ele.me, the on-demand delivery business it recently acquired. The company said it …

Read More »

E-commerce drives Southeast Asia’s Sea to record revenue but big losses remain – TechCrunch

E-commerce drives Southeast Asia’s Sea to record revenue but big losses remain – TechCrunch Sea, one of Southeast Asia’s largest internet companies, continues to see losses although its growing e-commerce business helped it hit record revenue. The Tencent-backed company went public back in October when it raised around $1 billion …

Read More »

SoftBank’s Vision Fund to help Chinese online insurance giant ZhongAn go international – TechCrunch

SoftBank’s Vision Fund to help Chinese online insurance giant ZhongAn go international – TechCrunch SoftBank’s Vision Fund is backing Chinese online insurance giant ZhongAn through its latest investment, which could take the company — which has struggled for stability following a monster IPO last year — into international markets. The …

Read More »