Alibaba Group
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Finance
China wants its rural villages to go cashless by 2020
Residents of even the tiniest far-flung villages in China may soon be able to pay on their phones to run…
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PayPal shutters Malaysia office as part of customer service reorg
Payment giant PayPal has closed its office in Malaysia as part of a restructuring of its customer support teams. The…
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Trends
WeChat is quietly ranking user behavior to play catch-up with Alibaba
Over one billion people leave behind trails of information on WeChat every day as they use the messenger to chat,…
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Trends
China’s Baidu says its answer to Alexa is now on 200M devices
A Chinese voice assistant has been rapidly gaining ground in recent months. DuerOS, Baidu’s answer to Amazon’s Alexa, reached over…
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Finance
How a Chinese anti-virus software maker builds a fintech firm to wrestle with giants
360 Finance, an online consumer loan platform that spun off from China’s anti-virus service giant 360 Group, has joined a…
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Trends
Starbucks adding delivery services to more than 2,000 stores via Uber Eats
Starbucks is expanding its partnership with Uber Eats to more than 2,000 stores in the United States next year, about…
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China’s JD.com teams up with Intel to develop ‘smart’ retail experiences
Months after it landed a major $550 million investment from Google, China’s JD.com — the country’s second highest-profile investor behind…
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Tencent-backed fleet manager G7 racks up $320M in funding
A sizable funding round is poised to heat up a race to automate China’s logistics infrastructure. Beijing-based fleet management company G7…
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Alibaba Group takes majority control of loss-making movie unit Alibaba Pictures with $160M share purchase
Alibaba Group announced today that it will increase its stake in Alibaba Pictures from 49% to 50.92%, making it the…
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