Alibaba

Alibaba

Founded in 1999, Chinese ecommerce giant Alibaba wants to be in business for 102 years, ensuring its reign spans three centuries. So perhaps it’s unsurprising Alibaba has patiently taken years to develop new business lines — such as finance and cloud computing — in-house. Download the CMO of Tomorrow report produced by

As the financial media speculates about Twitter being acquired by Salesforce, Alphabet (the parent company of Google) or even Apple, companies outside the Californian tech scene have received little attention as potential suitors. There’s now clear interest, appetite and capacity for cross-border megadeals in online tech, as Tencent’s acquisition of

mobile shopping

When I first visited China in 2012 I was fascinated with how surprisingly international the cities of Beijing and Shanghai felt, how different everything in the world of eCommerce was and just just how much opportunity existed for international brands launching into China. So, roll forward four years and here

Missouri-based face scanning start-up EyeVerify has been acquired by Ant Financial, the financial affiliate of Chinese ecommerce giant Alibaba. Which-50 and ADMA are introducing a one day classroom-based digital transformation education program for senior executives lead by visiting US subject matter expert Courtney Hunt PhD.  Places are strictly limited. It’s another sign

Tencent is now China’s most valuable tech company, surpassing its rival Alibaba in terms of market capitalization last week. Lesser known in the west than Alibaba and Baidu, Tencent owns QQ, WeChat, Weixin and Qzone which have hundreds of millions of users. To illustrate the size of the Chinese giant,

Tencent, the company which owns Chinese messaging app WeChat, has nudged ahead of Alibaba as China’s most valuable tech company. Following the release of strong second quarter results this week, Tencent’s share price rose 6 per cent. Tencent is now worth US$247.6 billion, overtaking Alibaba’s market cap of US$240.8 billion. Hong

Strong mobile growth and a rapid uptake of its cloud computing business has seen Alibaba’s revenues surge 59 per cent in the most recent quarter. Net income fell from 30.8 billion yuan to 7.5 billion yuan due to a large investment in its movie making business – Aliababa Pictures, and

Eight weeks before the Alibaba float one of Which-50’s writers was interviewing the chairman of an ASX-200 retailer. When we asked what the Chairman planned to do if Alibaba decided to collapse the margins between China and Australia, his reaction was both genuine and shocking. “Who’s Alibaba?” In fact he

Within ten years the majority of Chinese retail consumption will be conducted online, and Alibaba is positioning itself to exploit a market where 80 per cent of China’s enterprises will need to use an Internet-based e commerce platform, logistics network, financial services, cloud computing and cross-border services. That’s the word

Amazon on the Yangtse – tackling Alibaba on its home turf Sometimes you need to take a step back and absorb the breadth of events in the digital era. One recent event should be cause for a serious pause. Amazon, forecast at present to burn $US800 million next quarter, has