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Alibaba’s Ant Financial denies stealing from Equifax
Ant Financial has denied claims that it covertly raided Equifax — the U.S. credit firm that was hit by a hack last year — to […]
alibaba
Chinese Tesla rival Nio trims IPO target: now aims to raise up to $1.5B
The U.S. IPO window may be wide open for Chinese tech firms, but electric vehicle maker Nio has conservatively cut the target for its NYSE […]
Alibaba goes big on Russia with joint venture focused on gaming, shopping and more
Alibaba is doubling down on Russia after the Chinese e-commerce giant launched a joint venture valued at around $2 billion with one of the country’s […]
Alibaba announces CEO Daniel Zhang will succeed Jack Ma as chairman next year
Following speculation about Jack Ma’s imminent retirement, Alibaba Group announced today that its CEO, Daniel Zhang, will succeed Ma as chairman next year. After stepping […]
Jack Ma says he isn’t about to retire from Alibaba but is planning a gradual succession
Reports of Jack Ma’s impending retirement are greatly exaggerated, it seems. Ma, the co-founder and executive chairman of Alibaba, has pushed back on claims that he is on […]
Google will struggle if it re-enters China, says its former country head
The odds are stacked against Google if the reports are true and the company is trying to bring its services back to China, according to […]
China is beating the US on AI, says noted investor Kai-Fu Lee
America may have created AI, but China is taking the ball and running when it comes to one of the world’s most pivotal technology innovations. […]
Meituan reportedly targets $55B valuation for Hong Kong IPO, leading to concerns that may be too high
Meituan-Dianping is reportedly aiming for a $55 billion valuation in its upcoming initial public offering in Hong Kong, but the company’s net losses and increasing […]
Google steps back from running the Kubernetes development infrastructure
Google today announced that it is providing the Cloud Native Computing Foundation (CNCF) with $9 million in Google Cloud credits to help further its work […]
China’s Didi suspends carpooling service after another female passenger is mudered
Chinese ride-hailing firm Didi Chuxing, the $60 billion-valued company that bought out Uber’s China business, has suspended its carpooling service after the murder of a […]
