Alibaba

China’s three tech giants Baidu, Alibaba and Tencent all made “major announcements” on April 1st.

Alibaba is building its own live-broadcasting e-commerce empire, while simultaneously also being a backer behind Ruhnn, a platform that identifies and cultivates key opinion leaders.

Retail entrepreneurs in their twenties are capitalizing on the mobile internet.

And they will make faster deliveries too.

The startup says it “trusts Alibaba’s expertise in turning technologies into next-generation products”

Neither tech companies nor old-school car makers can win the future mobility market alone, which means collaboration is a rising trend.

The two conglomerates have different investment strategies.

Alibaba Cloud unveiled two customized chips, the result of its cooperation with home appliance maker Midea, on its annual summit held in Beijing on Thursday, according to a report on China Daily’