Tag: Alibaba

  • Alibaba invests in AdChina

    Alibaba invests in AdChina

    Chinese e-commerce giant Alibaba will take a majority stake in AdChina, which calls itself China’s leading digital marketing platform, to develop online and mobile marketing, the internet powerhouse says.

    Alibaba had made a strategic investment in AdChina, it said in a statement, without giving the amount.

    An Alibaba spokeswoman said financial details were not disclosed.

    Alibaba, which listed on the New York Stock Exchange last year, said the deal would allow the company to grow its online and mobile marketing “ecosystem”.

    The two companies will also develop online marketing services and data marketing products for businesses, media clients and third party service providers, the statement said.

    Alibaba is often described as the Chinese version of eBay, and like the US company has its own payments system.

    It has no product stocks itself, instead connecting buyers and sellers.

    The company’s consumer to consumer platform, Taobao, is estimated to hold more than 90 per cent of the Chinese market with more than 800 million product listings and around 500 million registered users.

  • Alibaba, Tencent spend billions in race to be China’s one-stop online shop

    Alibaba, Tencent spend billions in race to be China’s one-stop online shop

    Alibaba and Tencent spent more than USD8 billion last year alone backing often strikingly similar ventures, as the Chinese Internet giants race to create online one-stop-shops to win the digital loyalty of a tenth of the world’s population.

    Before China became the biggest smartphone market, there was little overlap between the businesses of e-commerce leader Alibaba Group Holding Ltd, social networking firm Tencent Holdings Ltd and search engine provider Baidu Inc.

    Now, as more and more Chinese use their phones for everything from shopping to booking restaurants, the three companies are increasingly stepping over each other – and investing in the same services – to attract the same users.

  • Alibaba invests in Israeli QR code firm

    Alibaba invests in Israeli QR code firm

    Alibaba said on Tuesday that it has made an unspecified investment in Israeli startup Visualead as the e-commerce giant seeks to leverage the latest QR code technology.

    Visualead will use the capital from Alibaba to develop the next stage of “offline-to-online” technology.

    The investment marks Alibaba Group’s first in an Israeli company as the Middle East country boasts prolific technology startups.

  • Microsoft partners with Alibaba to enhance IP protection for its products

    Microsoft partners with Alibaba to enhance IP protection for its products

    An agreement between Microsoft (China) and Alibaba Group Holding Limited (Alibaba Group) is expected to enhance the protection of Microsoft’s intellectual property rights (IPR) on the two most popular e-commerce platforms in China operated by Alibaba – Taobao Marketplace and Tmall.com.

    The cooperation is also expected to strengthen anti-counterfeit measures already in place on both platforms.

    Both sides said they will work to raise awareness among consumers about the threats posed by counterfeit and unlicensed software to their information security, privacy and personal data.

    Tim Cranton, Microsoft’s Associate General Counsel and Greater China Region’s Chief Legal Counsel, said legitimate businesses and innovators in China will also benefit from a safer and more robust e-commerce marketplace with safeguards to protect intellectual property rights.

    Under the agreement, Taobao and Tmall will remove product listings suspected of offering counterfeit or unlicensed Microsoft products. Alibaba Group and its associated companies like Alipay will cooperate with relevant parties and provide necessary information to those consumers who mistakenly buy unauthorized software to receive compensation from the sellers according to relevant laws.

    Microsoft’s cooperation with Alibaba Group dates back to April 2007 when Microsoft signed a memorandum of understanding with Alisoft as the two parties joined hands in providing information service for small- and medium-sized businesses.

    In December 2013, Microsoft launched its flagship online store on Tmall.com, the largest e-commerce platform in China with to promote genuine Microsoft software.

  • Tmall growing out of Taobao’s ‘little brother’ role

    Tmall growing out of Taobao’s ‘little brother’ role

    Chinese e-commerce giant Alibaba has for the first time unveiled the trade details of its major global business unit Tmall Global, revealing a tenfold increase since it was founded 10 months ago, reports the Shanghai-based China Business News.