Cloud Wards — Chinese e-commerce giant Alibaba is looking to compete with Microsoft and Amazon through its cloud-computing sector– Aliyun. The company has launched “China’s first” AI platform, called DT PAI, to improve its cloud offer. According to Alibaba, the platform will allow developers and companies that use its e-commerce sites to analyze huge amounts of data. This will enable them to predict industry trends and user behavior.
Tech in Asia — The recent events of PayPal and eBay splitting into two separate entities and the newly released version of Alibaba’s mobile payment app Alipay 9.0 inspired me to take a closer look at these two unequal rivals. However, comparing Alipay with PayPal directly doesn’t seem to do the former much justice. As with many of the leading Chinese digital players, Alipay is an integral part and closely connected within Alibaba’s ecosystem.
American 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.