Arabian Tales
Generations in India have grown listening to the “The Arabian Tales” (“One Thousand and One Nights”). The story of Aladdin, Sindbad, and of course, the story of Alibaba and the Forty Thieves; all of them carried a universal appeal. Each fable read aloud to young children before bedtime always had a moral to it. […]
Future cloud computing will be a game between China, US: Alibaba
The global cloud computing sector in the future will be a game between China and the US, a chief of Chinese internet giant Alibaba said Thursday at a conference. In the next 6 to 12 months, Alibaba Cloud, the subsidiary of Alibaba Group, will face the same difficulties and challenges its American counterparts have encountered, […]
Alibaba ‘very disappointed’ by return to US fake list
E-commerce giant Alibaba Group Holding Ltd has hit out at a US decision to label it a haven for counterfeits, indicating that the move may have been politically motivated. The world’s top online retailer said on Thursday it was “very disappointed” by the decision to be restored to the list of “Notorious Markets”, after the […]
Alibaba buys newspaper to ‘improve China’s image’
Chinese e-commerce giant Alibaba has confirmed that it’s agreed to buy Hong Kong English-language newspaper “South China Morning Post”, similar to Amazon CEO Jeff Bezos’s $250 million buyout of The Washington Post. The deal is worth just over HK$2 billion, or about $266 million, and includes other SCMP Group properties like the Hong Kong editions […]
Alibaba’s Ambition of a New Entertainment Empire
China’s dominant e-commerce platform Alibaba is just trying to build glamorous empire in entertainment area. According to IHS Technology’s report, China’s box office rose by a third to hit $4.8bn in 2014. That is 1/2 of the US figure. But the latter shrank 4 per cent last year. Chinese entertainment market to overtake the US, […]
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