Cainiao Network, Alibaba’s subsidiary providing logistics services, announced its logistics data on Cuntao, Alibaba’s e-commerce site for villages in rural regions, saying that 13% of Cuntao orders can be delivered on the day they were ordered or the next day, reports Shanghai’s National Business Daily. Since being established in May 2013, Cainiao Network has built up a network that covers 7,600 county-level internet areas, 26,000 town-level internet areas and 190,000 village-level areas, according to Wan Lin, vice CEO of Cainiao Network.
NEW YORK: Spotify is coming to the PlayStation, replacing Sony’s own Music Unlimited service, as the company continues to expand the game console into an entertainment hub beyond video games. Spotify hits the PlayStation 3 and 4 on Monday, with a new app adapted for large television screens. Sony says partnering with Spotify expands its music service to 41 countries, rather than the 19 available with Music Unlimited, and offers better tools for playlists and music discovery.
Tencent Interactive Entertainment Group will establish a new animation business unit and a film and copyright business unit to enable the independent operations of those businesses. The new animation business unit will be responsible for development and operation of animation-related content, including planning, development and operation of animation products; creating and operation of animation content; front-end and back-end development and design of animation products, copyright expansion; and commercial operation.
NEW DELHI: Starting today, several Delhi Metro commuters would be able to download new free apps from an application, which would also offer them redeemable points for recharging their smart cards. Delhi Metro Rail Corporation (DMRC) has entered into a tie-up with ‘Offer World’, an application for Android users, that in turn will reward users, who will download apps available in its kitty.
Vietnam has capitalised on increasing labour costs in China to take first place in the ranking while India remains the world’s largest business process outsourcing market. Vietnam established its presence in the sector thanks to numerous government reform policies to promote the country as a key outsourcing destination. C&W predicts the service segment will expand rapidly given the average age of the country’s workforce is under 30 and 1-1.5 million people enter the labour market every year.
Sinoze is most well known for mobile music game Thapster, which features Thai and international artists and has, it claims, about a million monthly active users. Today the company announced it has raised a US$750,000 round from InVent, the venture capitalist arm of Thailand’s largest telco Intouch. The funding will go towards international expansion through its second title Electhap, a music game aimed at the international market.
NEW DELHI: Toshiba Corporation and United Technologies Corporation have announced plans to establish engineering centres in India, North America and Europe to support global innovation for heating, ventilating and air-conditioning (HVAC) products. “This cooperation is the first to result from the companies’ recent agreement to further strengthen their strategic collaboration through their joint venture Toshiba Carrier Corporation (TCC),” Toshiba said in a statement.
TAIPEI, Taiwan — Taipei City’s Department of Labor (DOL, 勞動局) said yesterday that they will look into Yahoo Kimo (Yahoo奇摩) and China Television Company Ltd.’s (CTV, 中國電視事業股份) mass layoffs, which are estimated to lead to the loss of at least 100 positions. DOL chief Ye Chien-neng (葉建能) said they have yet to receive notice about CTV’s dismissal proposal, however, they plan to send officials to better understand the matter.
MUMBAI: Mobile commerce is likely to overtake e-commerce in the next few years, spurred by the continued uptrend in online shopping and increasing use of mobile apps, says an industry report. “It is estimated that the mobile app download would grow six-fold by the end of this year to 9 billion apps,” said a KPMG report, adding the country has been the fastest growing mobile app market in both 2014 and 2013.
Hangzhou-based TV drama production company Huace Film&TV has teamed up with smartphone manufacturer Xiaomi, with the former’s programs being made available on the latter’s platform including internet TV and mobile devices, reports Shanghai’s China Business News. Hua Theater, the brand name of Huace’s original Chinese-language TV dramas, will enter Xiaomi’s TV and mobile devices via apps or a special section pre-installed in individual devices.
Just a week after Gumi confirmed that its South Korean operation was being investigated for alleged embezzlement, the embattled Japanese gaming company is bracing for layoffs. According to TechCrunch Japan, Gumi announced today that it will solicit “voluntary retirement” from 100 staff at both Gumi (Tokyo) and development center Gumi West (Fukuoka). The firm’s justification for the move is that the skill set of some employees no longer matches the company’s needs.
Chinese and Russian technology companies plan to jointly launch an e-commerce platform which aims to promote the cross-border trading between China and Russia. Russian online payment system Yandex.Money will start handling payment services for China online payment platform TradeEase. This project is expected to be launched in summer of 2015 and its turnover is expected to reach USD830,000 within three months.
Chinese B2B e-commerce platform Hc360.com has reached a purchase deal with Zol.com.cn, an information technology vertical portal website in China, worth CNY1.5 billion. The acquisition deal covers several assets, including Zol.com.cn, Zol.com, and Ea3w.com. ZOL stands for Zhongguancun, which is the name for the area in Beijing rife with universities and technology companies. Zhongguancun is considered the Silicon Valley of China.
Amazon is now trying something new in India, allowing shoppers to get food and other essentials delivered from nearby convenience stores. Because the items are shipped from local family-run stores, called kirana, the service delivers in just two to four hours. The new system is called Amazon KiranaNow. It only works from a mobile browser (pictured below), and it’s currently only available in one city – Bangalore (hat-tip to The Times of India for spotting this).
China’s LeTV is best known for its popular online streaming platform, but in the past year the company has really been branching out. Within that timeframe it has moved into smartphones, film production, and electric cars. Now it’s moving into the music business too, having on Thursday announced the establishment of the LeTV Music Company in Hong Kong. LeTV Music, which will be headed by former LeTV entertainment boss Yin Liang, is aiming for China’s music market by way of vertical integration, since it already has the technology and internet platforms to distribute smoothly to most of the country.
Canberra has opened a health research institute to tackle wicked problems that require multiple disciplines to work together. The institute will bring together subject experts who might not typically work under the same roof. “We aim to address real world issues and some of the wicked problems plaguing health, but that requires collaboration from multi-disciplinary and trans-disciplinary perspectives,” said Rachel Davey, Founding Director, University of Canberra Health Research Institu
NEW DELHI: Domestic e-commerce major Flipkart has said it will generate over 20 lakh jobs through its marketplace and ancillary services this year. The Bangalore-based firm expects 60% of this employment to be generated in the logistics and warehousing sector. “Sellers on our marketplace have been directly responsible for driving employment within their own communities. In fact, e-commerce support facilities like merchandising, buying, packaging and cataloging have generated more than 75,000 jobs in the last one year,” Flipkart Senior vice president (Marketplace) Ankit Nagori said in a statement.
Taiwan Semiconductor Manufacturing Company (TSMC) will remain the major processor supplier for Apple in the second half of 2015 as the foundry will supply 20nm chips for an upcoming 6C model and 16nm FinFET chips for 6S models, according to industry sources. TSMC is reportedly the sole supplier of processors for Apple’s iPhone 6 and 6 Plus, which industry observers believe are the best selling iPhone models of all time. Strong demand for the 6 and 6 Plus has boosted TSMC’s sales generated from 20nm process technology.
Taiwan Semiconductor Manufacturing Company (TSMC) is expected to post revenue growth of 0-5% sequentially in the second quarter of 2015, buoyed mainly by rising output for 20nm chips, according to industry sources. Strong sales of Apple’s iPhone 6 and 6 Plus will allow TSMC to enjoy a particularly strong first quarter, said the sources. As a result of the high base recorded for the first quarter, TSMC’s sales for the second quarter will register a modest sequential gain unlike the double-digit increases usually seen in the same quarter in previous years, the sources noted.
MediaTek’s first-quarter 2015 revenues are likely to only meet the low-end of the company’s guidance, due mainly to disappointing sales of entry-level and mid-range smartphones, according to industry sources. However, MediaTek is expected to post revenue growth of 10-20% sequentially in the second quarter of 2015, buoyed by rising shipments for 4G smartphones, said the sources. Shipments of the company’s 4G smartphone chips will climb to more than 10-12 million units a month in the second quarter, up from 7-8 million units in the first quarter, the sources indicated.