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Currently Browsing: Results for Tag "alibaba"

Your privacy at risk: Verizon reportedly close to purchasing Yahoo’s Internet business

Your privacy at risk: Verizon reportedly close to purchasing Yahoo’s Internet business Now, there’s talk that Verizon and Yahoo are close to a deal for the company’s core Internet properties.Bloomberg reports that Verizon is buying Yahoo’s core Internet business and its real estate holdings for an estimated $5 billion.

Alibaba debuts virtual reality technology at Taobao Makers Festival

Alibaba debuts virtual reality technology at Taobao Makers Festival The Alibaba Group, an e-commerce organisation, launched its virtual reality (VR) shopping programme at its 'Taobao Makers Festival' over the weekend.The Alibaba Group launched its VR strategy in March by establishing the GnomeMagic Lab to develop technologies and supporting infrastructure.

Who are 2016’s top tech billionaires? Don't worry, they're all men

Who are 2016’s top tech billionaires? Don't worry, they're all men While 2016 has been a tumultuous year for lots of companies, tech billionaires continue to dominate the ranks of the world’s wealthiest people.Irish IT solutions firm ERS Computer Solutions takes a look at who and what makes up the Rich List of Tech.

WTF: Yahoo's new name is weird

WTF: Yahoo's new name is weird That includes Yahoo’s digital advertising, email, media assets and various apps.Altaba's primary assets will be a 15% stake in Chinese e-commerce company Alibaba Group and 35.

China's largest internet company wants to give free internet to Indians

China's largest internet company wants to give free internet to Indians Chinese giant Alibaba could soon join the growing number of entities that are pushing free internet access in India.With the free internet access, Alibaba is aiming to further grow UCWeb’s presence in India.

Selling counterfeit goods in China could put you in prison for a week — if one billionaire gets his way

Selling counterfeit goods in China could put you in prison for a week — if one billionaire gets his way Amazon is plagued by counterfeit sellers – and so is its biggest rival.But more recently, Ma has joined Amazon in trying to do something about the rash of counterfeit products on his e-commerce platform.

While you were out striking on International Women's Day, China asked people to go shopping

While you were out striking on International Women's Day, China asked people to go shopping As women around the world go on strike in celebration of International Women's Day, retailers in China are jumping on the bandwagon too.The dominant shopping sites T-mall and Taobao, which are both run by Chinese e-commerce giant Alibaba, have plastered this slogan on their sites: "Queen's Day: Reveal your beauty.

India has 100 Forbes list billionaires for the first time

India has 100 Forbes list billionaires for the first time For the first time in three decades of the Forbes World's Billionaires List, there are over 100 Indian billionaires.Mukesh Ambani, meanwhile, continues to be India's richest man with a net worth of $23.

Alibaba is making moves in the world's fastest-growing e-commerce market

Alibaba is making moves in the world's fastest-growing e-commerce market The Chinese internet giant has started working out of a shared office space in India's Silicon Valley, Economic Times reports.This comes a few months after Alibaba announced its first India office in Mumbai a stone's throw away from rival Amazon's headquarters.

Amazon just cleared its biggest hurdle for payments in India

Amazon just cleared its biggest hurdle for payments in India Incidentally, Paytm is backed by Alibaba, Amazon's biggest rival in Southeast Asia.There's also PhonePe, an e-wallet launched by Flipkart (Amazon's biggest rival in India) last September.

China's answer to PayPal is coming to the rest of Asia

China's answer to PayPal is coming to the rest of Asia On Wednesday, Ant Financial, which runs Alipay, announced its merger with HelloPay.While HelloPay is hardly as ubiquitously used in Southeast Asia as Alipay is in China, the merger should pave the way for Alibaba's plans to spread Alipay outside of China.

How Softbank is adding spice to the Amazon-Alibaba battle in Indian e-commerce

How Softbank is adding spice to the Amazon-Alibaba battle in Indian e-commerce Venture Beat recently published a piece headlined 'India’s e-commerce battle is not Indian anymore' that highlighted the battle between Amazon and China's Alibaba Group in the world's fastest-growing e-commerce market.And that is Japanese telecom and investment giant Softbank which is suddenly the buzzword in India's e-commerce world.