Tuesday, January 19, 2021
Tags Alibaba

Tag: Alibaba

Alibaba and Tencent Penalised for Breaches of China’s Anti-Trust Law

Tech giants Alibaba and Tencent have incurred penalties from China's market regulator for breaches of the country's anti-trust law.

Double 11 Sales Festival Tests Blockchain and Cloud Computing Capabilities of Chinese E-commerce Giants

China's e-commerce platform have availed themselves of the latest fintech applications to ensure their successful operation during the intensely competitive Double 11...

Alibaba Launches Blockchain Software and Services Firm in Guangdong Province

E-commerce giant Alibaba has just opened a new tech subsidiary in the southern Chinese province of Guangdong.

Alibaba Unveils Plan for Greater Digitisation of Cross-border Trade

Chinese e-commerce giant Alibaba has unveiled an ambitious new plans to support the use of e-commerce by small businesses.

Ant Group IPO Prompts Online Brokerages in Hong Kong to Offer 20x Leverage to Investors, Allow Them to Purchase Stocks with US Dollars

Brokerages in Hong Kong are preparing a range of measures to attract retail investors for the upcoming initial public offering (IPO) of...

Alibaba Launches Rhino Smart Manufacturing Platform, Opens Cloud-driven Digital Factory in Hangzhou

Chinese tech giant Alibaba has just launched a new smart manufacturing platform that incorporate a swathe of advanced technologies including cloud computing,...

CITIC Group Enters Strategic Cooperative Agreement with Alibaba and Ant Group on Fintech and Industrial IoT

State-owned investment company CITIC Group has announced the launch of a cooperative partnership with leading e-commerce and fintech players Alibaba Group and...

Bank of China Enters “Internet + Finance” Cooperative Agreement with Alibaba and Ant Group

One of China's big state-owned banks has entered a strategic agreement with the country's leading e-commerce and fintech outfits for deeper cooperation...

Alibaba Launches New Data Company to the West of Beijing

Tech giant Alibaba has announced the launch of a new tech company in the Hebei province city of Zhangjiakou to the immediate...

Jack Ma Reduces Alibaba Stake to under 5%, Jiang Fan Ousted as Alibaba Partner

Jack Ma, the storied founder of Chinese e-commerce giant Alibaba, has reduced his holdings in Alibaba to less than 5% to reap...

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Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions

The People's Bank of China (PBOC) has highlighted the removal of all of the country's P2P lending platforms in 2020 as part...

NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021

China's chief planning authority has outlined a raft of its policy intentions for 2021, as the national economy continues to recover from...

China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%

Official data points to growth of over 2% in Chinese GDP in 2020 despite the adverse economic impacts of the COVID-19 pandemic....

China Bans Banks from Selling Depository Products via Third Party Online Platforms

Beijing has issued a new directive which further steps up pressure on the sale of depository products via online fintech platforms, after...