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Monday 6 November 2017
Alibaba forays into CPU sector via investment in C-Sky Microsystems
As part of its efforts to enhance its presence in the CPU sector, China tech giant Alibaba Group has invested in Hangzhou-based C-Sky Microsystems, an IC design house dedicated to...
Monday 6 November 2017
Alibaba net profits hike nearly 150% on year in 3Q17
China-based e-commerce operator Alibaba Group Holding has reported consolidated revenues of CNY55.122 billion (US$8.285 billion) for the third quarter of 2017, growing 60.74% on year,...
Tuesday 31 October 2017
Alibaba setting up e-commerce hub in Malaysia
Alibaba Group and the Malaysia government are jointly developing a digital free trade zone (DFTZ) in the country, creating a platform for cross-border e-trade services in a bid to...
Tuesday 17 October 2017
Alibaba Cloud to be top-2 cloud operator in 2-3 years, says president
Alibaba Cloud under China-based e-commerce giant Alibaba Group expects to become the world's top-2 public cloud computing services providers along with AWS (Amazon Web Services) in...
Friday 13 October 2017
Alibaba to spend over US$15 billion on global R&D
China-based e-commerce giant Alibaba has announced that it will invest over CNY100 billion (US$15.177 billion) in the next three years into a global technology research and collaboration...
Tuesday 12 September 2017
NAND flash market to top US$65 billion in 2020, says report
The NAND flash market is forecast to top US$65 billion in 2020, up from US$40 billion in 2017, according to data from a ChinaFlashMarket.com report.
Thursday 24 August 2017
Alibaba fund invests in 11 Taiwan startups
Alibaba Taiwan Start-up Business Fund (ATSBF), a US$300 million venture capital established by China-based ecommerce operator Alibaba Group, has so far invested in 11 Taiwan-based...
Friday 18 August 2017
Alibaba nets CNY5.65 per share for 2Q17
The largest China-based e-commerce service provider Alibaba Group has published its second-quarter 2017 financial report, posting consolidated revenues of CNY50.184 billion (US$7.403...
Tuesday 25 July 2017
Amazon Echo faces challenge to stay on top of smart speaker market
Amazon's top-selling Echo smart speaker may see serious challenge from competitors, as it lacks support for non-English-speaking countries, according to sources from market watcher...
Friday 21 July 2017
Self-serving store brings business opportunities to IT suppliers
Self-serving stores have grown to become a popular application in the IT and retail channel markets recently, prompting smart retailing hardware suppliers to turn aggressive about...
Monday 17 July 2017
China market: Unmanned retail store sales on the rise
In the China market, transaction value at unmanned retail stores in 2017 will total CNY38.94 billion (US$5.73 billion) and will increase to CNY1.8 trillion in 2022, while the number...
Wednesday 12 July 2017
China market: Alibaba unveils smart speaker Tmall Genie
The largest China-based e-commerce operator Alibaba has unveiled Tmall Genie, a smart speaker like Amazon Echo, Apple HomePod and Google Home, for launch in the China market at a...
Thursday 29 June 2017
MWC Shanghai 2017: HP, Alibaba showcasing education 2-in-1 device
China-based Alibaba and Hewlett-Packard (HP) have announced the HP YunOS Book 10 G1 2-in-1 device featuring YunOS operating system developed by Alibaba at Mobile World Congress (MWC)...
Wednesday 14 June 2017
Alibaba to contribute data center technology to OCP
China-based e-commerce giant Alibaba Group has announced plans to share with Open Compute Project (OCP) its newly-developed technology that aims to reduce energy consumption and build...
Tuesday 13 June 2017
Alibaba to set up cloud computing data centers in India, Indonesia
Alibaba Cloud, a cloud computing service subsidiary provider of the largest China-based e-commerce operator Alibaba Group Holding, will complete establishment of a cloud computing...