May 31, 2018

FII (Foxconn Industrial Internet) will use the funds to develop smart manufacturing, cloud computing and 5G technology

Alibaba, Tencent and Baidu, mainland China’s three biggest internet conglomerates, will become major shareholders in Foxconn Industrial Internet after...

May 30, 2018

SQream DB, a powerful SQL analytical database, enables companies to analyze up to 20 times more data, up to 100 times faster, at as little as 10% of the cost and administration. SQream DB harnesses the power of thousands of parallel processing cores in NVIDIA GPUs. The...

May 29, 2018

Healthcare spending in China will hit $1 trillion by 2020

Chinese e-commerce giant Alibaba Group will sell some healthcare assets from their Tmall online platform to their Hong Kong listed subsidiary Alibaba Health Information Technology in order to consolidate their he...

May 29, 2018

ZTO investment to tap New Retail opportunities and further digitalize China's logistics industry.

Investors led by Alibaba Group and its Cainiao unit will invest $1.38 billion for an approximate 10% stake in Chinese express delivery company ZTO Express, the companies sa...

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