Tag: Alibaba Group
Y Combinator’s short-lived China dream
Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people...
China Roundup: Alibaba’s Hong Kong listing and Tencent’s new fuel
Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people...
Chinese EV startup Xpeng Motors raises $400 million, takes on Xiaomi...
Xpeng Motors, the Chinese electric vehicle startup backed by Alibaba and Foxconn, has raised a fresh injection of $400 million in capital and has...
Alibaba’s Singles’ Day sales top $38 billion
After 24 hours of frenzied buying and selling, and weeks of aggressive advertising and promotions before it, the Alibaba Group said today its sales...
Alibaba unveils Hanguang 800, an AI inference chip it says significantly...
Alibaba Group introduced its first AI inference chip today, a neural processing unit called Hanguang 800 that it says makes performing machine learning tasks...
Jack Ma officially retires as Alibaba’s chairman
Jack Ma stepped down as Alibaba’s chairman today, handing the role over to the company’s current CEO Daniel Zhang. The transition was announced a...
Alibaba’s UCWeb to launch an e-commerce service in India
UCWeb, a subsidiary of Chinese giant Alibaba, plans to launch an e-commerce service in India in the coming months. In a statement to TechCrunch, a...
Tencent brings cloud service to Japan in global push
The world’s largest video game publisher is looking outside its home country for growth. Tencent, the Chinese internet behemoth that operates WeChat and a...
EBay picks 5.5% stake in India’s Paytm Mall
EBay said today it is buying a 5.5% stake in e-commerce marketplace Paytm Mall as the global firm makes another push to gain footprint...
Warburg Pincus announces new $4.25 billion fund for China and Southeast...
Warburg Pincus, the private equity fund with over $60 billion under management, is doubling down on Asia after it announced a $4.25 billion fund...
