Posts Tagged: alibaba


Laiwang Feature Image

Facing competition from WeChat, Alibaba’s chat app has turned its focus away from messaging

Last week, Chinese tech giant Alibaba released an updated version of Laiwang, the company’s bid for a mobile messaging app in the vein of ...

  • April 21, 2014
  • at 4:22 pm
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Alibaba thumbnail - logo

Alibaba’s profit doubles to $1.36 billion in Q4 ahead of long-awaited IPO

The Chinese ecommerce juggernaut pulled in US$3.06 in revenue in Q4 2013, which is up 66 percent on the same period a year before.

  • April 16, 2014
  • at 10:44 am
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Alibaba puts itself on the map, buys Autonavi in $1.5 billion deal

Alibaba puts itself on the map, buys Autonavi in $1.5 billion deal

Today Autonavi confirmed it has accepted the Alibaba deal for that acquisition price, pending the approval of shareholders.

  • April 11, 2014
  • at 11:46 pm
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xiao bawang g20 console 2

Alibaba and maker of failed Nintendo NES clone team up to create China’s next game console

The G20 will run on Aliyun OS, Alibaba's Linux-based smartphone OS. Along with the console, several peripherals like yoga blankets, an exerc...

  • April 8, 2014
  • at 9:00 am
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Alibaba invests $692 million in Chinese department store chain to fuse offline and online shopping

Alibaba invests $692 million in Chinese department store chain to fuse offline and online shopping

China’s biggest ecommerce company is fusing online shopping with good, old-fashioned brick-and-mortar retailing. Today, Alibaba announced ...

  • March 31, 2014
  • at 11:36 am
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Alibaba’s Jack Ma slams monopoly power as banks introduce new curbs on mobile payments

Alibaba’s Jack Ma slams monopoly power as banks introduce new curbs on online payments

Mobile commerce, online savings funds, and QR code-based m-payments are all under threat in China right now. The People’s Bank of China (P...

  • March 24, 2014
  • at 9:41 pm
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Tencent v Alibaba thumb

Tencent versus Alibaba: a complete guide to an increasingly fierce rivalry (INFOGRAPHIC)

Tencent (HKG:0700) is the world’s fourth largest web company, and Alibaba is on the verge of history’s largest tech IPO. Both o...

  • March 19, 2014
  • at 9:00 am
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alibaba-group

Alibaba issues statement, set to IPO in New York

A statement issued by Alibaba today confirms that the ecommerce company will not go public in Hong Kong. Rather it is in process to IPO in t...

  • March 16, 2014
  • at 3:49 pm
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Weibo active users

Sina Weibo files for US IPO, aims to raise $500 million

Ending months of speculation, China’s top Twitter-esque social network, Sina Weibo, has filed for a US public listing. Sina Weibo R...

  • March 15, 2014
  • at 6:43 pm
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Alibaba

Alibaba’s Alipay payment service says konichiwa to Japan as it inks deal with Rakuten

Alipay, China’s popular third-party payment service from tech giant Alibaba, will now be integrated onto Rakuten Global Market, the in...

  • April 18, 2014
  • at 7:51 pm
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China tech news this week

6 must-read tech stories in China this week

Xiaomi is hot once again this week. Meanwhile, a wide variety of interesting developments in China - touching on startups, gaming, mobile, a...

  • April 13, 2014
  • at 8:00 pm
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Alibaba smart TV OS

Jack Ma contributes to $1.05 billion funding for Alibaba’s smart TV partner

Today, Alibaba founder and chairman Jack Ma cemented the partnership with Wasu Media with a truckful of cash, contributing along with other ...

  • April 8, 2014
  • at 9:15 pm
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Sina Weibo IPO - NASDAQ $WB

Sina Weibo picks NASDAQ for upcoming IPO, expects to make a loss this quarter

Sina Weibo’s US IPO – in which the Chinese social network is seeking to raise US$500 million – is still being cooked up, a...

  • April 1, 2014
  • at 10:13 pm
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How does Alibaba respond when China cracks down on investment products? It launches another investment product.

Chinese tech giant Alibaba rolled out its second investment-themed offering today, and it’s probably not what followers of the company...

  • March 26, 2014
  • at 6:19 pm
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Alibaba Tango

Why did Alibaba invest $215 million in Tango when no one in China uses Tango?

In yet another boon to the mobile messaging race, Chinese ecommerce giant Alibaba has led a $280 million investment round in the Mountain Vi...

  • March 20, 2014
  • at 1:53 pm
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China's central bank considering tough regulations on online payments

After last week’s clampdown, China reportedly considering tough regulations on online payments

Late last week, the People’s Bank of China (PBoC) moved to curb the rapid growth of online payments by banning in-person payments made usi...

  • March 18, 2014
  • at 12:56 pm
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China tech news this week

9 must-read tech stories in China this week

Major developments from Tencent and Alibaba this week as they take their e-commerce battle up another notch. But even these mighty firms hav...

  • March 16, 2014
  • at 10:32 am
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WeChat and Alibaba hit as China bans online payments made using QR codes, virtual credit cards

WeChat and Alibaba hit roadbumps as China bans online payments made using QR codes, virtual credit cards

The People’s Bank of China (PBOC) issued an edict late yesterday that bans two particular things: epayments made via QR codes, and onl...

  • March 14, 2014
  • at 2:10 pm
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