Monday, January 25, 2021
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Tag: Alibaba Cloud

Fintech

Alibaba Establishes Cloud Native Technical Committee

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Chinese e-commerce giant Alibaba has announced the launch of a new committee to drive the development of cloud native computing technology.
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Fintech

Alibaba Cloud Establishes “Financial Core Pioneer Alliance”

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The cloud vehicle of Chinese e-commerce giant Alibaba has announced the launch of a new association for the cloud conversion of the...
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Fintech

Alibaba Enters 700 Million Yuan Cloud Computing Deal with China Insurance Group

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Alibaba has just entered the biggest ever deal for the development of a cloud computing platform in the Chinese financial sector.
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Fintech

Alibaba Cloud Provides Artificial Intelligence-driven COVID-19 Diagnoses for Free, Claims Accuracy Exceeds 96%

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Alibaba's cloud subsidiary has announced that it will provide hospitals around the world with free access to its artificial intelligence diagnosis technology...
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Fintech

Alibaba Cloud Outlines Its Vision for the Future of Fintech

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A senior financial services exec at Alibaba Cloud says that microservices and collaboration with banks will be core parts of the future of Chinese...
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Tencent Drops Advertising Veteran Lau Seng Yee from Roster of Top Executives

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Chinese tech giant Tencent has removed a veteran advertising executive from the line-up of its senior-most personnel, as online companies in China...
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Ant Group and Others Engage in Monopoly Conduct, But “Regulatory Discussions” Will Not Affect Normal Development: CBIRC

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The Chinese banking regulator has sought to reassure the broader market that China's business environment for private enterprises will not be adversely...
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Chinese Banks See Net Profits Decline 1.8% in 2020

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China's banking sector saw a sizeable decline in its net profits for 2020 amidst the adverse economic impacts of the COVID-19 pandemic....
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Tencent Expects Cloud Computing to Be Essential Infrastructure for Finance, Domestic Market to Soon Hit 80B Yuan

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A senior executive from Chinese tech giant Tencent forecasts that cloud computing will be a key area of development for China's fintech...
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