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One World, One Fight; Jack Ma and Alibaba Foundation Stand For Europe
30.3.2020
The Jack Ma Foundation and Alibaba Foundation yet again stand strong for supporting countries during the ongoing health crisis. Tweeting it today, Jack Ma tells about how the Jack Ma Foundation and Alibaba Foundation have together donated additional equipment for hospitals in Europe. Jack...
Alibaba Sets Up Platform for Doctors and Hospitals to Exchange Ideas to fight Coronavirus
26.3.2020
Alibaba has been among the foremost corporate giants that are contributing towards the fight against the deadly novel Coronavirus, the pandemic that has shocked the entire planet. As of date, the virus has victimized more than 470,000 people in 195+ countries, killing over a 21,000. The world needs...
China Is Drafting Laws for the Circulation of National Digital Currency
26.3.2020
Amid the coronavirus pandemic, China’s central bank has reportedly completed the basic development of the nation’s central bank digital currency. The central bank is now drafting legislation for its circulation, according to local media. A number of patents have revealed what...
China Everbright Bank Uses Ant Financial’s DLT for Supply Chain Finance
18.3.2020
China’s major commercial bank, China Everbright Bank, has deployed a blockchain-based supply chain finance solution by Ant Financial
Jack Ma and Alibaba Foundation Establish Global MediXchange
18.3.2020
With the support of Alibaba Cloud Intelligence and Alibaba Health, Jack Ma Foundation and Alibaba Foundation have come together to establish the First Affiliated Hospital of Zhejiang University, the Global MediXchange for fighting against Covid-19. I need your help to share this handbook quickly...
Alibaba Imports E-Commerce Platform Adopts Blockchain Traceability System
17.3.2020
E-commerce giant Alibaba integrates blockchain technology into its import platform to make consumer goods traceable
China to Foster Another Blockchain Hub, Alibaba Joins the Initiative
16.3.2020
The Golden Cow in a Buddhist Temple, in Kunming, the capital and the largest city of Yunnan province. The Southwestern Chinese province of Yunnan has opened a new blockchain center that will allow companies to run a food traceability platform that will also fight the sale of fake products, with...
Alibaba Files for a Blockchain Transaction System in Brazil
11.3.2020
Alibaba Group has registered a new patent in Brazil to establish a transaction system based on blockchain
Alibaba Launches Blockchain-powered Initiative Amid Coronavirus Fears
17.2.2020
A number of Alibaba subsidiaries have begun offering solutions that operators hope will help companies trying to do business while the nation battles the coronavirus – including blockchain-powered online "contactless bidding” features.
Per media outlet Crypto Watch, Chinese financial media outlets...
Millennials Prefer Bitcoin to Alibaba, Netflix Stock as GBTC Hits $10K
29.1.2020
GBTC has beaten the likes of Microsoft and Alibaba in terms of equity holdings at Charles Schwab
Blockchain Developer Ant Financial Ranks Fifth Largest Private Firm in China
10.1.2020
Alibaba affiliate Ant Financial has been ranked the fifth most valuable private firm in China
Unlike Libra, Digital Yuan Will Not Need Currency Reserves To Support Value: PBOC Official
23.12.2019
PBOC wants to distinguish its own digital currency from rival private initiatives
Alibaba Patents Would Secure, Accelerate Its Consortium Blockchain
20.12.2019
Chinese internet giant Alibaba Group has won two U.S. patents designed to make its blockchain network safer and faster
Alibaba’s Ant Financial to Buy Large Stake in Vietnamese e-wallet Firm eMonkey
20.12.2019
Ant Financial, the fintech arm of e-commerce firm Alibaba, has acquired a significant stake in Vietnamese eWallet service provider eMonkey. Ant Financial has not acquired a controlling stake in eMonkey but will provide technical support to it. The deal with eMonkey is Ant Financial’s eighth...
ICBC Reinforces Partnership With Alibaba and Ant Financial
17.12.2019
China’s one of the largest banks, the Industrial and Commercial Bank of China (ICBC), has declared that it would further enhance its association with Alibaba Group and Ant Financial. ICBC will use Alibaba Group’s long-standing experience on electronic payment settlement to enhance its services....
China’s Inflation Hits a Record 4.5% as Beijing Prepares to Test Digital Yuan
12.12.2019
China has been confronted with multiple economic and financial problems this year amidst an ongoing trade war with the United States. Authorities in Beijing have been trying to overcome the challenges with administrative measures in what has become a market economy over the years. Inflation of...
Goldman Sachs Predicts 31% Rise in Alibaba’s Hong Kong Stock
6.12.2019
After having missed out on underwriting the Alibaba Group Holding’s Hong Kong share sale, Goldman Sachs has now predicted that Alibaba shares could go up by as much as 31% in next year. Analysts at Goldman Sachs have started coverage of the Alibaba stock and also gave it a buy rating. Alibaba...
Alibaba Filmmaking Arm to Distribute New Movie Rights via Tokens: Report
22.11.2019
Alibaba’s filmmaking arm Alibaba Pictures signed an agreement with SingularDTV to tokenize the distribution rights of its new movie
China’s Zhejiang Processes $6M via DLT Medical Billing Platform
18.11.2019
China’s Zhejiang province processed about $6 million through its blockchain medical billing system using Ant Financial’s blockchain tech
Bitcoin Rewards App Lolli Responds to Alibaba’s Denial of Partnership
18.11.2019
BTC rewards shopping app Lolli says Alibaba broke contract following Singles’ Day marketing blitz that got too much attention