Alibaba is our biggest inspiration: Snapdeal CEO

IndiaMUMBAI: Indian e-commerce firms are offering funding help and tech support to woo small retailers, emulating a strategy used by Chinese online retail giant Alibaba Group Holding Ltd to expand into the towns and villages home to the majority of consumers.  India’s biggest e-tailers such as Flipkart, Snapdeal and the local arm of Amazon.com Inc are online marketplaces, with commission from sellers accounting for the bulk of their revenue.

http://timesofindia.indiatimes.com/tech/tech-news/Alibaba-is-our-biggest-inspiration-Snapdeal-CEO/articleshow/47372720.cms

Alibaba to open more data centers in global cloud computing push

ChinaTo expand its cloud computing business, China’s Alibaba Group is preparing to open more data centers across the world. In March, the Chinese Internet giant launched its first data center in the U.S., as part of a push into the country’s market. On Tuesday, Alibaba said it would establish data centers also in Europe, Japan, Southeast Asia and the Middle East. Simon Hu, president of Alibaba’s cloud computing arm, said a key goal was to globalize its operations, according to an interview posted online by the company.

http://www.networksasia.net/article/alibaba-open-more-data-centers-global-cloud-computing-push.1432166400

Alibaba, Amazon, Microsoft main players in cloud market: columnist

ChinaAmazon, Microsoft and Alibaba are set to become the three leaders in the global cloud computing market, according to Chinese columnist Liu Kuang. Alibaba’s Aliyun cloud division recently set up operations in Silicon Valley in California and in Dubai, while rival cloud computing services, Amazon Web Services and Microsoft’s Azure, are expanding in China, Liu said. Aliyun, which controls nearly 25% of the cloud computing market in China, is the market leader in China and the main obstacle to the expansion of Amazon and Microsoft there, Liu said.

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1204&MainCatID=12&id=20150519000037

Wal-Mart Inks Alipay Deal For Chinese Retail Payments

ChinaAmerican retailer Wal-Mart has signed a deal with online payments provider Alipay to help consumers pay for goods in China. Wal-Mart will begin the cooperation within 25 of its outlets in Shenzhen. Based on the market response in this southern Chinese city, Wal-Mart plans to gradually expand the coverage of this new service throughout mainland China. Alipay is a related service of Alibaba, the Chinese e-commerce juggernaut. Financial terms of the deal were not released.

http://www.chinatechnews.com/2015/05/18/21693-wal-mart-inks-alipay-deal-for-chinese-retail-payments

Alibaba to open more data centers in global cloud computing push

China.gifTo expand its cloud computing business, China’s Alibaba Group is preparing to open more data centers across the world. In March, the Chinese Internet giant launched its first data center in the U.S., as part of a push into the country’s market. On Tuesday, Alibaba said it would establish data centers also in Europe, Japan, Southeast Asia and the Middle East. Simon Hu, president of Alibaba’s cloud computing arm, said a key goal was to globalize its operations, according to an interview posted online by the company.

http://www.networkworld.com/article/2924074/alibaba-to-open-more-data-centers-in-global-cloud-computing-push.html

Lenovo may team up with Alibaba to sell smart TVs

ChinaLenovo Group’s television unit will likely cooperate with Alibaba Group to jointly set up a joint-venture firm with other investors, and will introduce a brand-new smart television brand “17” beginning on May 20, our sister paper Want Daily reports, citing Chinese online media outlet Jiemian.com. Via the cooperation, Lenovo aims to transform itself in terms of internet operations, while keeping its existing supply chains and reputation as a renowned hardware manufacturer, according to an unnamed Lenovo executive.

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1204&MainCatID=12&id=20150517000005

Aliyun making inroads into Middle East, North Africa

ChinaThe business ambitions of Aliyun, Chinese e-commerce giant Alibaba’s cloud-computing unit, is far greater than its current presence in the Alibaba Group. Aliyun is expected to control over 12 data centers around the world by the end of 2015, half of which will be situated in places outside China, according to a report on the Chinese online news service Caixin.com. Aliyun signed an agreement with Dubai-based Meraas Holding May 12 that the two will set up a joint venture to offer big data and cloud computing services to governments and private enterprises in the Middle East and North Africa.

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1204&MainCatID=12&id=20150513000164

The face recognition startup that Jack Ma wants to use for selfie payments just got $25M in funding

China.gifFace++, a face recognition tech startup from Beijing, today announced it raised an additional US$25 million as part of its series B round that began in November last year (h/t to 36kr). The fresh funding brings the company’s series B to a total of US$47 million. Innovation Works and Ignition Partners contributed to the initial funding, while the more recent investors have not yet been disclosed.

https://www.techinasia.com/face-recognition-startup-jack-ma-selfie-payments-25m-funding/

Alibaba sued in US over counterfeit goods

China.gifNEW YORK: A group of luxury goods makers sued Alibaba Group Holding Ltd, contending the Chinese online shopping giant had knowingly made it possible for counterfeiters to sell their products throughout the world. The lawsuit was filed in Manhattan federal court by Gucci, Yves Saint Laurent and other brands owned by Paris-based Kering SA seeking damages and an injunction for alleged violations of trademark and racketeering laws.

http://timesofindia.indiatimes.com/tech/tech-news/Alibaba-sued-in-US-over-counterfeit-goods/articleshow/47306670.cms

Alibaba’s B2B platform Taobao banned from operating in Taiwan

TaiwanHONG KONG: Taiwan has ordered Alibaba’s online marketplace Taobao to withdraw from the island within six months for violating investment rules required for a Chinese company, Chinese and Taiwanese media have said. Taobao has been fined T$240,000 ($7,860) and must withdraw or transfer its holdings from its operation in Taiwan, China’s Xinhua news agency and Taiwan’s Economic Daily News quoted the island’s investment commission as saying. Taobao and the commission could not immediately be reached for comment.

http://timesofindia.indiatimes.com/tech/tech-news/Alibabas-B2B-platform-Taobao-banned-from-operating-in-Taiwan/articleshow/47306863.cms

Alibaba’s cloud computing unit to establish base in Dubai

ChinaDUBAI: The cloud computing unit of Chinese e-commerce giant Alibaba Group Holding said it would establish a base in Dubai to seek business from companies and governments in the Middle East and North Africa. The deal may bolster Dubai’s efforts to develop as a technology centre for the region, in addition to marking an expansion of Alibaba’s cloud computing effort.

http://www.channelnewsasia.com/news/technology/alibaba-s-cloud-computing/1842672.html

Xiaomi’s money market fund rolls out of beta, to take on Alibaba and Tencent

ChinaLike Baidu and Alibaba, Xiaomi is eyeing China’s finance industry and seeing dollar signs. Today the company is officially launching a money-market fund called Huoqibao inside a new standalone app called “Xiaomi Finance.” Like the Alibaba-affiliated Yu’ebao, Xiaomi’s Huoqibao lets consumers save excess cash and earn interest from it. After registering for a Xiaomi Finance account with one’s national ID, users can bind a bank card to the app can store as little as RMB 1 (about US$0.15). The fund is managed by China’s E Fund Management and currently offers an annual return rate of 4.26 percent.

https://www.techinasia.com/xiaomis-money-market-fund-rolls-beta-takes-alibaba-tencent/

Alibaba in talks to buy US$1.2bil stake in Micromax: sources

IndiaMUMBAI: Alibaba Group Holding is in talks with India’s Micromax Informatics to buy an about 20% stake in the smartphone maker, helping the Chinese e-commerce giant expand in one of the world’s fastest growing markets for the devices, several people with direct knowledge of the matter said.  The deal, if completed, would see Alibaba investing as much as US$1.2bil (RM4.31bil) in Micromax, the second-largest smartphone brand in India by sales, and would value the company at up to US$6bil (RM21.58bil), two of the people said.

http://www.thestar.com.my/Tech/Tech-News/2015/05/08/Alibaba-in-talks-to-buy-US12bil-stake-in-Micromax-sources/

Alibaba rolls out low-cost smartphone for online shopping

ChinaIn acknowledging the advent of the mobile-commerce era, Alibaba, China’s leading Internet firm, has rolled out a smartphone which it will sellat a pricetag of 299-699 yuan (US$48-$112), meant mainly for use by rural customers to do online shopping. The move contrasts the policy of some major smartphone brandswhich have stayed away from low-cost models and thus the onslaught of the huge knockoff market in China.

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1204&MainCatID=12&id=20150430000054

Alibaba looks to rural China to popularise its mobile OS

China.gifE-commerce giant Alibaba Group hasn’t given up on its mobile OS, and is taking the software to China’s rural markets through a series of low-cost phones. The company has partnered with mobile carrier China Telecom to sell the YunOS handsets. The eight phones will be built by lesser-known Chinese brands, and will range from 299 yuan (US$49) to 699 yuan. Although Alibaba has its own Android apps that connect to its popular e-commerce stores, the Linux-based YunOS comes with a whole suite of company-developed services.

http://mis-asia.com/tech/mobile-and-wireless/alibaba-looks-to-rural-china-to-popularise-its-mobile-os/

Nokia solicits bids for Here maps from Alibaba, Baidu

ChinaFinnish tech company Nokia is selling its maps unit Here and trying to solicit bids from IT giants including Apple, Alibaba and Amazon, reports Sina’s tech news web portal. According to Bloomberg’s sources, Nokia also approached other potential bidders including Chinese leading search engine provider Baidu, the US satellite-radio provider Sirius XM and US audio equipment manufacturer Harman International Industries.

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1204&MainCatID=12&id=20150426000006

Alibaba Pictures acquires Yueke Software for cloud platform

China.gifAlibaba Group entered the film industry last year, having acquired ChinaVision Media Group and renamed it Alibaba Pictures Group and other related companies. On April 21, Alibaba Pictures announced it was acquiring Guangdong Yueke Software Engineering Company, a supplier of a cinema-ticketing system, through an open bidding for 830 million yuan (US$134 million), Guangzhou’s 21st Century Business Herald reports.

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1204&MainCatID=12&id=20150426000004

Baidu, Alibaba, Tencent exploring China’s mobile medical industry

ChinaChinese tech giants Baidu, Alibaba and Tencent are likely to become major players in the mobile medical industry in China given their tremendous capital and well-developed platforms, reports our Chinese-language sister newspaper Want Daily. Tencent invested US$70 million in China’s largest medical and health website Dingxiangyuan in September last year, followed by an investment of US$100 million in the leading website used for making hospital appointments in China, Guahaowang, in October last year.

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1204&MainCatID=12&id=20150424000134

Alipay Wallet follows WeChat with launch of city service payments

ChinaChina’s tech giants are working hard to make sure that consumers use their phones to pay for things. Today Alipay Wallet, the Alibaba-affiliated mobile wallet, announced it now enables Chinese users to fulfill municipal fees in 12 cities. Clicking on a new “City Services” tab inside Alipay Wallet draws up a menu with options to book hospital appointments, pay for parking tickets, settle gas and water bills, and even buy gasoline. Users can also look up information regarding traffic and public transportation, and manage other minor bureaucratic tasks.

https://www.techinasia.com/alipay-wallet-follows-wechat-with-launch-of-city-service-payments/

Tencent, Alibaba in race to snap up smart city deals with local gov’ts

China.gifAfter vying against each other in mobile payment, online retail, and taxi-hailing, Chinese internet giants Tencent and Alibaba have taken their battle to a new field–government smart city initiatives. Several announcements from both Tencent and Alibaba over the past month suggest the two firms are deepening their involvement in local government’s initiatives to improve administrative efficiency and transparency.

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1204&MainCatID=12&id=20150418000044