The second board meeting of the General Association of Zhejiang Entrepreneurs ended on December 7. At this time, Alibaba founder Jack Ma stepped down as president of the organization, although he will continue to serve as a consultant.
Earlier this month, Chinese e-commerce giant Alibaba was reported to be officially launching Miravia, a new e-commerce platform for the Spanish market. A source close to the company confirmed this news.
The Africa's Business Heroes (ABH) Prize Competition, a charitable initiative sponsored by the Jack Ma Foundation and Alibaba Philanthropy, announced this year's winners during a livestreamed Grand Finale held in Johannesburg, South Africa.
Southeast Asia, as a rapidly developing emerging region, has always been a popular destination for Chinese enterprises to begin their global ambitions. In this region, Indonesia has the largest land area, economic scale and population, so it is often one of the focal points of expanding enterprises.
Jasper Luo, former president of Umeng+, an Alibaba-backed startup providing mobile app analytics solutions for mobile development teams and individual developers, reportedly joined Starbucks China earlier this year as CTO.
Chinese internet giant Alibaba's project of encouraging tech talent to boost rural revitalization is helping children in undeveloped areas across the country enjoy free, low-code programming platforms, laying a solid foundation for their future development.
Suning.com and its logistics subsidiary became involved in a bankruptcy review case on November 21, triggering rumors about the e-commerce platform that has been struggling with a persistent debt crisis. This report was later officially denied by the company.
Around the same time as delegates convened in Egypt for COP27, the world's largest shopping festival "11.11 Global Shopping Festival" also kicked off. While sustainable consumption has long been on the agenda against global warming, challenges still persist.
Liu Tao, the co-CEO of Alibaba-backed IM Motors, commented on a recent fatal incident involving a Tesla vehicle in China. The executive believed that the Amercian EV maker had resorted to incredible excuses and even caused vehicle owners to monitor brake pedals with cameras.
Hangzhou-based internet giant Alibaba stated on November 17 that it will not complete a primary listing in Hong Kong before the end of the year as initially planned. This delay comes as the firm struggles with slowing growth at home.
The orders with the "No tableware" option have reached 1.3 billion on Ele.me, according to its president Yongxin Fang. It is equivalent to reducing the use of more than 6,000 tons of wood and more than 3,000 tons of plastic.
Virtual user-generated content metaverse platform Yahaha announced on November 15 that it has completed round-A+ financing totaling $40 million, jointly led by Temasek and Alibaba and followed by 37 Interactive Entertainment.
Singles' Day culminated in a frenzy of promotions on Friday, although lackluster consumer activity may reduce some of its shimmer.
Daniel Zhang, Chairman and CEO of Alibaba, affirmed at this year's Apsara Conference that technology serves as the cornerstone for the internet giant to maintain its long-term development. Alibaba says that its pursuit of technological advancement remains unchanged.
Several teams within Chinese tech giant Alibaba are jointly developing a device interaction engine that will be fully taken over by digital humans.
Alibaba features more than 290,000 brands for the 14th edition of its 11.11 Global Shopping Festival. This year, the internet giant has equipped merchants with tools and solutions to grow their brand loyalty membership programs to help them succeed during and beyond 11.11.
Reports emerged recently claiming that Chinese tech giant Alibaba and state-owned China Telecom signed a strategic cooperation agreement on November 2. However, China Telecom stated on November 3 that this news is totally false.
On November 3, Zhang Jianfeng, President of Alibaba Cloud Intelligence, announced that the self-developed Cloud-native processor "Yitian 710" has now been put into large scale use in several commercial fields.
Taobao Live issued an initiative to all livestreamers on the platform, expressing the hope that more agricultural products could be promoted in order during this year's Double 11 Shopping Festival to boost China's rural revitalization.
MRStage, a Chinese online virtual activity services provider, has recently completed round-A financing worth around 100 million yuan ($13.7 million) from Chinese tech giant Alibaba, which also became its shareholder on October 26.