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Ele.me aims to grab a majority share of China’s food-delivery market in the near future, CEO Wang Lai, (pictured), said this week. Moving into Alibaba’s ecosystem has already created new and immediate opportunities for Ele.me and the 3 million-strong delivery…
Youku, the Alibaba Group-owned online video hub, is set to provide China’s most-comprehensive coverage of the FIFA 2018 World Cup with live streaming of all 64 games together with a number of programs produced exclusively to celebrate one the world’s…
Continuing momentum in Alibaba Group’s New Retail business helped drive a 56 per cent year-on-year growth in sales for the quarter to December 31. The performance of the New Retail category – which combines its online (non-marketplace) and fast-growing…
Youku in China has chosen the Nokia OZO VR ecosystem of technologies “to bring the most immersive” VR content to the more than 500 million monthly active users engaged in its online video platform which has daily views of more than 1.1 billion. Youku users…
While China’s economy goes through a sluggish patch, internet shopping mall giant Alibaba Group has announced a sparkling quarter in which profit beat expectations, its fledgling cloud computing business more than doubled sales, and its entertainment income…
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