Alibaba

Alibaba Group

In its latest quarterly results Alibaba’s revenue skyrocketed 42 per cent to US$16.7 billion, beating investor expectations.  Daniel Zhang, CEO at Alibaba Group said, “Alibaba had a great quarter, expanding our user base to 674 million annual active consumers, demonstrating our superior user experience.  “We will continue to expand our

The worldwide infrastructure as a service (IaaS) market grew 31.3 per cent in 2018 to total $32.4 billion, up from $24.7 billion in 2017, according to Gartner. Amazon was once again the number one vendor in the IaaS market in 2018, followed by Microsoft, Alibaba, Google and IBM. “Despite strong

Alibaba, Salesforce

Salesforce is ramping up its presence in the Chinese market, signing an exclusive sales agreement with internet giant Alibaba. As part of the partnership announced today, Alibaba will become the exclusive provider of Salesforce to customers in mainland China, Hong Kong, Macau, and Taiwan. And Salesforce will become the exclusive

After a successful trial in Sydney, Alipay has expanded its ‘city card’ program to Melbourne to promote the city’s leading tourist and retail destinations to Chinese visitors. The new Melbourne City Card is being promoted by City of Melbourne to participating business precincts and shopping centres as part of the

Daniel Zhang, CEO of Alibaba Group

Alibaba’s Tmall Global launched its first English-language website to attract more merchants and businesses from around the world to join China’s largest cross-border online shopping platform. The portal makes it easier for sellers of all sizes to capitalise on burgeoning demand from Chinese consumers for high-quality imported products. Tmall Global

Apple is soon launching a credit card that will likely be a precursor to its foray into its own cryptocurrency. You could argue that Apple Pay is already a crypto when users load funds to use for payments and one that is already a stablecoin since its value is the currency used

Alibaba Group

Alibaba’s revenue has continued to grow across its commerce and cloud computing businesses despite the economic slowdown in China. Its yearly results show a 51 per cent growth in revenue to US$56.15 billion, this figure excludes the costs of consolidating acquired businesses in which the revenue would’ve grown by 39

Alipay has announced a new partnership to offer restaurants around Australia a mobile ‘scan to order’ platform and free menu translation service, to enable them to more effectively reach Chinese visitors. More than 500 restaurants Australia-wide have already signed onto the joint initiative by Alipay and online food and travel

Alibaba, NYC

Alibaba Cloud has launched its China Gateway Program in Australia aiming to help companies of all sizes enter the Chinese market grow their online and offline presence in the country. The Chinese giant said by leveraging the proven cloud technologies and the established Alibaba ecosystem encompassing ecommerce, online payment, logistics

Wall Street, bank, finance, New York

Google (Alphabet) Google’s parent company Alphabet beat revenue and earnings per share expectations however increased costs pushed shares down. Full year revenue up 23 per cent year-on-year to $136.8 billion, while Q4 revenue jumped 22 per cent to $39.3 billion. Advertising revenue for the three months ended December 31 were