Alibaba

IBM has brushed aside its drop in public cloud market share rankings and insists its open hybrid approach, along with an enterprise legacy, places it well for a future where data and workload portability will be paramount. The company dropped to fifth in public cloud market share this month, ceding

Alibaba’s cloud division grew 60 per cent in the quarter and now claims a bigger market share than enterprise stalwart IBM. But despite other strong financial results posted overnight, stock price of Chinese tech giant Alibaba fell as concerns about delays to the IPO of its finance arm, Ant Group,

Chinese tech behemoth Alibaba Group today announced the addition of Temenos banking software and the Vertica analytics platform to its public cloud offering, Alibaba Cloud. Both new partners say their customers are increasingly demanding the flexible and scalable qualities of pubic cloud. The partnership with the European software giant means

Tmall Global , Alibaba’s Chinese ecommerce platform for foreign brands, announced its targets for this year’s 11.11 shopping festival is 2,600 more international brands and over 2,000 in-demand overseas products, each with a GMV surpassing RMB 1 million (AUD 200 thousand), at the event. Launched in 2014, Tmall Global is

Cloud Computing

Global infrastructure as a service (IaaS) spending grew 37.3 per cent last year reaching US$44.5 billion, up from US$32.4 billion in 2018. The figures are from Gartner which also said Amazon retained the top spot position in the IaaS market in 2019, followed by Microsoft, Alibaba, Google, and Tencent. According

Unilever, one of the biggest multinational consumer goods companies, is partnering with Alibaba Cloud, as part of a strategic initiative that will enable the global consumer goods business to action on next-generation digital marketing campaigns, according to the companies. Fang Jun, VP Data and Digital, Unilever China: “Customer buying patterns

Chinese tech giant Alibaba Group sold US$1 trillion worth of goods across its platforms in the last year, the company revealed in quarterly results late last week. But a plunge in profitability in the latest COVID-19 affected quarter sent shares down nearly 6 per cent, costing company founder Jack Ma

Chinese payment platform Alipay has launched a new Zero Contact initiative to support Australian hospitality businesses in adapting their operations during the COVID-19 pandemic to engage with more than 1.2 million Chinese Australians. The Zero Contact initiative draws on Alipay’s experience supporting hospitality businesses in China during their earlier COVID-19

Tmall Global announced it will expand its efforts to help international brands reach the China market, aiming to bring 1,000 new ones onto its ecommerce platform in the coming 12 months. The brand-incubation plan is under the auspices of the $200 billion, five-year-import program the Alibaba platform unveiled at the

Klarna

Ant Financial, owner and operator of the Chinese payment platform Alipay, has taken a minority stake in Swedish payments and shopping platform Klarna, as the two companies deepen their partnership to bring more innovative and convenient financial services to consumers worldwide. This investment in Klarna by Ant Financial, the payment