alibaba group

Tencent leads $50M investment in NewsDog, an app vying to be India’s Toutiao

The growth of China’s Bytedance, an ambitious $30 billion tech firm, and its highly addictive Toutiao news aggregator app has set off a search for services with similar growth potential across t

How did Thumbtack win the on-demand services market?

Earlier today, the services marketplace Thumbtack held a small conference for 300 of its best gig economy workers at an event space in San Francisco. For the nearly ten-year-old company the event was

Alibaba beats forecasts with 61% growth and predicts more of the same for the next year

Alibaba is forecasting yet more growth for its business after it beat analyst forecasts with its fourth-quarter results. Revenue came in at 61.9 billion RMB ($9.9 billion), an increase of 61 percent y

Asia-based recruitment app GetLinks nabs investment led by Alibaba’s Hong Kong fund

GetLinks, a Thailand-based startup that offers a job finder app in six countries Southeast Asia and neighboring regions, has closed new funding led by Australia’s Seek group and Alibaba’s

Report: Smartphone usage set to overtake time spent watching TV in China

2018 is the year that smartphone usage eclipses time spent watching TV in China, and it’s all down to the growth of digital video platforms, according to a new report from eMarketer. You’

Genetics testing startup Prenetics buys UK’s DNAFit to move into consumer services

Prenetics, a Hong Kong-based startup that offers genetic testing services for patients, is expanding outside of Asia and into the consumer space after it acquired London-based company DNAFit. The deal

Is America’s national security Facebook and Google’s problem?

Jamie Metzl Contributor Share on Twitter Jamie Metzl is a Senior Fellow for Technology and National Security at the Atlantic Council. More posts by this contributor Homo Sapiens 2.0? We need a species

Our digital future will be shaped by increasingly mobile technologies coming from China

Since the dawn of the internet, the titans of this industry have fought to win the “starting point” -- the place that users start their online experiences. In other words, the place where they beg

Walmart brings its partnership with JD.com into the food business

Walmart is bringing its partnership with JD.com into its grocery business. The Chinese physical store will stock products that customers can also buy through its Walmart virtual storefront on the Chin

Alibaba to buy all remaining outstanding shares of local delivery service Ele.me

As expected since February, Alibaba will buy all outstanding shares of Ele.me that it doesn’t already own. Best-known for food deliveries, Ele.me claims to be China’s biggest online delivery and l

Baidu’s streaming video service iQiyi falls 13.6% in Nasdaq debut

The streaming video service iQiyi, a business owned by China’s online search giant Baidu, dropped 13.6% in its first day of trading on the Nasdaq — closing at $15.55, or down $2.45 from it

Ford and Alibaba unveil car vending machine

Car shoppers in Guangzhou, China now have the ability to buy or try a car using a smartphone app and a car vending machine. The facility came out of a partnership signed two years ago between Ford an

Chinese bike-sharing startup Ofo raises $866M in new financing led by Alibaba Group

Beijing-based, bike-sharing startup Ofo has raised $866 million in new financing led by Alibaba Group to fuel its expensive competition with Mobike, which is backed by Tencent, one of Alibaba’s bigg

Momo buys Tantan, China’s Tinder, for over $600M as Chinese social networks consolidate

WeChat is far and away the biggest messaging platform in China at the moment, and that is helping to drive a push among the smaller players to get together for better scale. Today, Momo, the Chinese l

Former state Senator Jeremy Ring talks about the first days of Yahoo

In this episode of Technotopia I talk to Jeremy Ring, a former Florida state senator and author of We Were Yahoo!, a meditation on his career as one of the first employees at Yahoo . Ring has a lot to

Alibaba signs deal with Disney to stream its animated shows in China

Alibaba Group’s entertainment unit has signed a major licensing deal to show many of Disney's animated series and movies on Youku, its streaming video service, and other distribution channels. The a

Alibaba invests $2.9B in hypermarket operator Sun Art to continue its offline retail push

Alibaba is continuing its expansion into offline retail after the Chinese e-commerce giant bought up more than one-third of one of Chinese most prolific operators of hypermarket stores. The firm annou

Another blockbuster quarter for Alibaba as revenue surges 61%

Alibaba’s stellar financial performance continues unabated after the Chinese e-commerce giant again beat analyst expectations thanks to impressive growth in its core business at home. The firm r

Open source database startup MariaDB confirms $27M investment led by Alibaba

Open source database startup MariaDB has announced a new $27 million round of funding led by Alibaba, confirming the news that TechCrunch reported in September. As we wrote then, Alibaba contributed t

China’s JD.com leads $19M investment in Southeast Asian online fashion brand Pomelo

This year has seen unprecedented interest in Southeast Asia’s startups from Chinese tech firms, and today we can add another deal to the pile. JD.com, the close rival to Alibaba, has led a $19 m
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