Chinese technology firm Alibaba has announced today that it is launching a $15bn drive to build overseas research hubs.
There’s something about KFC in China which makes top tech brands want to partner with it.
Chinese e-commerce giant Alibaba has launched its voice-controlled smart speaker.
In China, the mobile payment market is no longer monopolised by Alipay as competition from WeChat has dented its market share.
India and China are economic rivals in Asia.
Despite his humble beginnings, Wang Wei, the 46-year-old owner of SF Express, became the country’s third richest man on Tuesday, after his company made its debut on the Shenzhen Stock Exchange.
At the World Economic Forum in Davos, the chief executive of Ant Financial, Eric Jing, announced that the company has ambitions to expand globally, and has set a goal of 2bn customers for the next decade.
Think Amazon combined with eBay combined with PayPal combined with Twitter – add to that a bank and wealth manager – that’s Alibaba Group for you, and not even in its entirety.
These three things are going to have a significant impact on the wider world.
It’s all still happening in Davos! Here’s what to look out for on day two of the 47th annual World Economic Forum.