It will first be integrated into DingTalk, Alibaba’s workplace messaging app
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China’s Alibaba to split into six units
The restructuring was described as the ‘most significant’ organisational overhaul in its 24-year history
Alibaba
The best 11.11 online shopping deals in the UAE
Single’s Day is the world’s biggest online shopping event, $139bn of transactions in China last year
algorithms
Alibaba offers source code of its federated learning platform to the open-source community
Sharing the self-developed federated learning technologies could promote privacy-preserving computation in different sectors such as healthcare and smart mobility
Alibaba
Ma vs Musk: tech tycoons spar on future of AI
The Chinese co-founder of Alibaba and the maverick industrialist behind Tesla and SpaceX took part in an hour-long talk in Shanghai, veering from technology to Mars, death, and jobs.
Alibaba
SoftBank Group triples net profit in first quarter
SoftBank’s Vision Fund 2 is the long-mooted successor to its mammoth Saudi-backed Vision Fund, which has taken stakes in leading tech start-ups from Uber to WeWork
Alibaba
Chinese giant Alibaba said to mull Hong Kong listing
Sources say Alibaba Group is considering raising $20bn via a second listing in Hong Kong after a record-breaking 2014 New York debut
Alibaba
UAE’s Mubadala said to mull bid for $3bn Watson stake
Sources say Abu Dhabi fund is weighing bid for stake in global retailer AS Watson Group
ABBC Foundation
Dubai-based crypto firm to stop using Alibaba name
ABBC Foundation has agreed to stop using trademarks that include the term ‘Alibaba’ following a long-running dispute with Chinese e-commerce company Alibaba Group
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SoftBank Group nine-month net profit soars more than 50%
Rise was largely driven by gains from its investment funds, led by SoftBank Vision Fund whose partners include Saudi Arabia
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Saudi-backed SoftBank to invest $2bn in e-commerce site
Saudi Arabia has contributed $45 billion to the $100 billion Vision Fund.
Alibaba
The Middle East’s role in China’s Digital Silk Road
There has been much talk about China’s Belt and Road initiative (BRI). But beyond this physical infrastructure the Asian giant has big plans to extend its digital footprint, including here in the Middle East
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Alibaba picks Emirates to help make global 72-hour delivery a reality
Emirates SkyCargo and Alibaba’s Cainiao will manage e-commerce shipments in the Middle East and other neighbouring regions through Dubai hub
Alibaba
Dubai signs up Fliggy to boost Chinese tourist numbers
Dubai Tourism signs agreement with online travel service platform of global technology company Alibaba Group
Alibaba
Alibaba Group ‘confident’ in legal battle with Dubai-based crypto firm
Alibaba Group says that Alibabacoin’s name is “willful, concerted and unlawful scheme” to exploit its trademarks
Alibaba
Judge rules that Alibaba cannot force Alibabacoin to change its name
A New York judge argued that Alibaba didn’t make a convincing case for why the matter should face an American court
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Why China wants to lead the Middle East’s tech revolution
The MENA region – with its dream of building a knowledge and technology-based economy – offers great opportunity to the Asian powerhouse