Alibaba’s new driverless robot will ship food to customers

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The Chinese multinational e-commerce retail, Alibaba has just announced a driverless robot that will deliver online purchased food to customers. The robot is named as…

Alibaba Group and Ant Financial lead US$600m fund focusing on “One Belt, One Road” countries

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eWTP Ecosystem Fund (“the eWTP Fund”), established to enable enterprises that promote innovation and quality consumption, was unveiled in Hong Kong today. The eWTP Fund…

Pakistani e-Founders share their learnings from the Alibaba Fellowship Program

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Four e-commerce entrepreneurs from Pakistan recently returned from Alibaba e-Founders Fellowship Program that took place from 24th March to 4th April at the Alibaba Campus…

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AliBaba acquires Daraz Group

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Daraz Group, a leading e-commerce company in Pakistan, Bangladesh, Sri Lanka, Myanmar, and Nepal today announced that the company was fully acquired by Alibaba to…

Alibaba prohibits crypto & ICO services on its shopping site

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Yes, Alibaba is not as crypto-friendly as you thought. After a recent news from Alibaba that it is developing a is adopting blockchain technology for…

Alibaba buys a food delivery startup in $9.5 billion deal

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Alibaba Group, the Chinese e-commerce giant has acquired a food delivery startup, Ele.me to expand in China’s rapidly growing market for the local delivery of…

Google is creating its own Blockchain Technology

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Google is now making its own blockchain related technology to support its cloud business and lead the online industry to some new opportunities-as reported by…

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Alibaba in talks to acquire Daraz

2 min read

The rumors surrounding the acquisition of Pakistan’s biggest ecommerce store Daraz have once again started to get strong. As reported by Bloomberg, there is a…

Alibaba is adopting blockchain technology for cross-border e-commerce

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T-Mall, the e-commerce platform of Alibaba, is going to partner with the logistics company Cainiao to adopt blockchain in its cross-border supply chain platform. Alibaba…

Alibaba to start selling cars in China via big vending machines

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The Chinese ecommerce giant Alibaba is all set to enter the whole new market in China. The company has decided to launch car vending machines…

AliExpress begins sales for Black Friday after enormous sales on Singles’ day

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Alibaba Group, the leading Chinese e-commerce giant has recently earned $25.3 billion from Singles’ day sales from its various marketplaces including AliExpress. The sales recorded…

Chinees eCommerce giant, Alibaba Group Holding Ltd. is going to invest $15 billion to develop overseas research hubs for different innovative platforms.

Alibaba invests $2.9 billion in China’s top retail group to move into the offline retail market

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Alibaba is one of the world’s largest ecommerce platforms right now. Now as it has set itself as a giant in the online world, its…

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Alibaba Singles’ Day sale hit 25.3 billion, double than Black Friday & Cyber Monday sales combined

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November is the month of big sales around the world. Alibaba holds Singles’ Day sale on November 11 and some other countries hold Black Friday…

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