Alibaba

You can now pay for your KFC with a smile in China

It’s true that China are well ahead when it comes to digital payments and their latest leap is facial recognition software that allows a customer to pay with a simple…

A First Bite Of Apple For Indian Smartphone Users?

Apple has held talks with Indian Prime Minister Narendra Modi in order to encourage local manufacturing of its products, in an attempt to make inroads into the world’s second-largest mobile-phone…

Snap Inc. Acquires Office In China – Where SnapChat Is Banned – To Develop Spectacles

Snap Inc. are developing a new line of smart spectacles and have moved their operations for the venture to an office in China. China has outlawed the use of their…

iPhone 7 Unlikely to Fit iPhone 6S Cases, New Report Says

While this year’s iPhone 7 will not see sweeping design changes, or so rumor suggests, there will likely remain a few minor design tweaks sufficient to render iPhone 6S cases…

Amazon Drone Trial Approved

The US Federal Aviation Administration (FAA) has given Amazon approval for a drone trial as long as the drones stay within the line of sight of their pilots. The regulator…

Alibaba Enters Spat with Chinese Authorities

Alibaba, the biggest native online retailer, is engaged in a war-of-words with one of the country’s regulators. The friction began when the regulator claims Alibaba wasn’t doing enough about illegal…

Alibaba’s Ma Says Open to Working with Apple on Payments

Alibaba executive chairman Jack Ma said he’s open to working with Apple on mobile payments, as China’s richest person prepares to call on Hollywood this week in search of media partners. Alibaba…

Alibaba Stock Soars in Jubilant Trading Debut

Alibaba debuted as a publicly traded company Friday and swiftly climbed nearly 40 percent in a mammoth IPO that offered eager investors seemingly unlimited growth potential and a way to…

Alibaba Surges in its Stock Market Debut

Alibaba’s stock is surging as the Chinese e-commerce powerhouse begins its first day trading as a public company. The stock opened at $92.70 and nearly hit $100 on the New…

Alibaba IPO Prices at Top of Range, Raising $21.8 Billion

Alibaba Group Holding priced its initial public offering at $68 a share, the top end of the expected range, raising $21.8 billion on Thursday, in the latest sign of strong…

Behind Alibaba IPO is Unlikely China Success Story

The mammoth IPO planned by e-commerce giant Alibaba Group highlights founder Jack Ma’s improbable rise to China’s entrepreneur-in-chief. Ma, a former English teacher who flunked his college entrance exam twice,…

Yahoo Stock Surges in Anticipation of Alibaba IPO

Yahoo is benefiting once again from its stake in China’s hottest Internet company, Alibaba Group. Investors latched on to Yahoo Monday in anticipation of a huge windfall from Alibaba’s initial…