Alibaba

Goto Enters Deal with Alibaba, Strengthening Its Cloud Services Position

2 months ago

A significant event has unfolded in the tech world: Japanese company Goto Inc. has reached an agreement with Chinese giant Alibaba Group. This collaboration suggests that Alibaba will own a substantial stake in Goto for the next several years. The deal includes the establishment of a joint cloud business that will enable Goto to enhance its market position by providing higher quality and more competitive services. This move has the potential to significantly alter the landscape of cloud technology in Asia.

Surge of Chinese Traders Chasing Alibaba Shares as New Trading Links Launch

3 months ago

Recent developments surrounding Alibaba's shares have attracted the attention of Chinese traders, who have actively begun investing in the company. This surge occurs against the backdrop of new trading links that allow mainland Chinese investors to purchase Alibaba shares on the Hong Kong stock exchange. With the completion of these new trading mechanisms, interest in the company has significantly increased.

Alibaba and Mastercard Launch Credit Card for US Small Businesses

3 months ago

Chinese e-commerce giant Alibaba and international payment system Mastercard have announced the launch of a joint credit card aimed at supporting small businesses in the United States. The new credit card will provide small companies with access to a range of financial services and special offers to help them grow.

Alibaba Embraces WeChat Pay: Signs of Tech Barriers Falling in China

3 months ago

A new era in the Chinese tech market is upon us as Alibaba announces its decision to integrate WeChat Pay, the payment platform owned by Tencent. This event not only indicates a potential softening of historical antagonisms between two of China's largest tech giants but also opens up new opportunities for users and businesses in a rapidly changing digital landscape.

Alibaba Shed Monopolistic Practices, Says China Regulator

3 months ago

According to an official statement, Alibaba Group Holdings, the largest online retailer in China, has significantly altered its business practices to eliminate signs of monopolism. This conclusion was made by the State Administration for Market Regulation (SAMR) following a recent compliance check of Alibaba's adherence to antitrust laws.