The US has added Alibaba to a list of companies that could face delisting from the NYSE over audit concerns.
Tech mogul Jack Ma will give up control of Ant Group after a coordinated crackdown by Chinese regulators.
Multiple reports are showing that Microsoft Azure is increasingly becoming a major threat to AWS in the cloud space.
The cloud infrastructure market continued its impressive gains, with spending hitting $42 billion in Q2, according to Synergy Research Group.
Intel is looking at possibly purchasing chipmaker SiFive, as it looks to compete with Arm Holdings.
Alibaba is working to make its Apsara cloud OS compatible with a variety of architectures in an effort to future-proof it.
Alibaba co-founder Jack Ma has finally resurfaced, after being out of the public view for months.
Concern is mounting over Jack Ma’s status, amid a months-long absence from the public’s eye.
SMB manufacturers have been digitizing at twice the rate of other industries during the pandemic – to support other manufacturers as they accelerate their digitization.
Alibaba today announced it will invest $3.6 billion in Sun Art Retail Group, a huge hypermarket and supermarket operator in China. Sun Art is the largest retailer in China and competes head to head with Walmart.
As US-led sanctions take a toll, Huawei is increasingly shifting its focus to the cloud to help secure its future.
Chinese tech giant Alibaba has announced its plans to invest $1.4 billion in smart speaker AI systems.
Today is a great day for US small businesses. Manufacturers and wholesalers can join Alibaba.com today to sell to the world. The platform is now open to enable those businesses to reach the 190 countries at four corners of the globe where we have ten million business buyers on the platform.
With the future of retail we have crossed over the demarcation line, says Walter Robb, the former co-CEO of Whole Foods. “We’re not going back to the old retail,” said Robb. “It’s just not going to happen. That’s the combination of digital and physical.
SAP CEO Bill McDermott remains very optimistic about doing business in China. He says that SAP has a fundamental belief in China and continues to invest in China. “We’re not having challenges in China,” says McDermott. “We’re doubling down in China.”
Starbucks CEO Kevin Johnson isn’t worried about competitors in the fast-growing coffee market in China. Starbucks has nearly 3,700 stores in China already and is generating double-digit transaction growth. For Starbucks, their growth in China continues to be driven by providing a unique customer experience that is like no other in their industry.
Based on a successful delivery trial in China via Alibaba and Uber Eats in Miami, Starbucks has announced that they are adding delivery nationwide.
On-demand is an infrastructure for the future of retail says Alibaba CEO, Daniel Zhang. He envisions a world where virtually every product, even pharmaceuticals, will be available to be delivered on-demand 24-hours a day to customers.
Former Walmart CEO Bill Simon says that Walmart has been “predatory” by selling goods below cost subsidized by profits from their cloud and advertising businesses. Simon says that this strategy put major competitors like Circuit City and Toys R Us out of business.
Alibaba is set to gain full control of Ele.me as it revs up on its plan to have a stronger foothold in China’s burgeoning market for quick delivery services. A statement released by Alibaba hinted of an enterprise valuation for…