Alibaba announced on August 4 that Irene Yun-Lien Lee, Chairman of Hysan Development Company Limited, and Albert Kong Ping Ng, former Chairman of Ernst & Young China, were appointed as independent directors to the company's board.
At the 17th China Information Accessibility Forum held on July 28, Alibaba, China Braille Library and Zhejiang University jointly launched the "Light Reading Plan 2.0," which will help visually impaired groups to better enjoy cultural services.
Chinese EV brand IM Motors announced on August 1 its signing of a Round-A Equity Financing Agreement, bringing the company's overall valuation to nearly 30 billion yuan ($4.4 billion).
The legal representative and chairman of Alipay (China) Network Technology Co., Ltd. has changed from Eric Jing, Ant Group’s chairman and CEO, to Ni Xingjun, Ant Group's CTO.
Alibaba issued a statement on the morning of August 1, acknowledging its inclusion on the watchlist and assuring that it would maintain a watchful eye on market developments.
On July 28, 17 non-profit organizations formally signed contracts with Cainiao to help build an emergency logistics system. Cainiao will provide complete emergency logistics solutions.
Nearly 20,000 merchants on Alibaba.com have used VR Showroom service to set up online exhibition halls, effectively reducing more than 2,000 cross-border offline factory visits.
Alibaba and its financial affiliate Ant Group are gradually completing an organizational restructuring.
Alibaba Group announced on July 26 that its board of directors has authorized the company’s management to apply for a primary listing on the Main Board of the Hong Kong Stock Exchange (HKEx).
At the AIoT-Partnership Conference held on July 20, Alibaba announced that it has set up an Intelligence Connectivity strategy to explore more consumer-oriented artificial intelligence forms.
Tencent has recently conducted alpha testing of an app called "Bibiji." The new product is an exclusive multiplayer entertainment platform for young people, containing alternative casual party games, as well as easy, fun and interactive gameplay.
On July 12, the Alibaba 2022 Asian Entrepreneur Training started in Hangzhou, Zhejiang Province, China. This program provides online entrepreneurship courses and practice for 631 participants.
Alibaba Health, the flagship healthcare platform of Alibaba Group, recently published its Environmental, Social and Governance (ESG) Report for April 1, 2021 through March 31, 2022 (Financial Year 2022).
Alibaba's grocery chain Freshippo is reportedly seeking to raise funds at a valuation of about $6 billion, much lower than a hoped-for valuation of up to $10 billion earlier this year.
China's State Administration for Market Regulation (SAMR) published 28 administrative penalties on July 10 for failing to declare illegal concentration of business operators.