NewsAlibaba acquires Chinese chip maker to lower dependence on outside suppliersAlibaba has invested in 6 Chinese chip companies. 1 min read
Alibaba’s archrival JD is also eyeing new opportunities in rural e-commerce. NewsAlibaba Investing in China Rural Ecommerce as Urban Growth Plateaus1 min read
Jack Ma will meet Thai PM on Thursday. NewsAlibaba Invests $352M in Thailand to Brace for Upcoming Competition with Tencent and JD.com1 min read
Both Tencent and Baidu have previously tested their self-driving cars. NewsAlibaba Joins Self-driving Festival, Confirming Road Tests1 min read
Plus, The Philippines criticized Facebook’s fact-checker. Ola mulls to roll out a million EVs by 2021. NewsKrASIA Daily: Alibaba Joins China’s Autonomous Vehicle Competition, Confirming Road Tests4 mins read
Ele.me is valued at $9.5 billion. NewsDeals | Alibaba Takes over Food Tech Startup Ele.me to Complement New Retail Strategy2 mins read
Plus, Go-Jek and Grab are asked to register in Indonesia as transport companies. SoftBank is investing $400 million in Paytm. NewsKrASIA Daily: Alibaba Buys China’s Largest Food Delivery App Ele.me5 mins read
Alibaba and JD could be floated in China’s A-Shares market by issuing China Deposit Recipients (CDR) in as early as June. NewsAlibaba and JD Tap Underwriters for China Stock Market Homecoming1 min read
In the recent two weeks, Alibaba acquired a 45% stake in Pakistan’s Telenor Microfinance Bank and invested $ 2 billion in Lazada. NewsDeals | Alibaba in Rumored Talks to Buy Pakistani Daraz, Expanding E-commerce Reach Across Asia2 mins read
