Alibaba Group

China wins allies for web vision in ideological battle with US

(Apr 15): A swathe of the world is adopting China’s vision for a tightly controlled internet over the unfettered American approach, a stunning ideological coup for Beijing that would have been unthinkable less than a decade ago.

Alibaba launches talent programme in Singapore with support from NTU, EDB

SINGAPORE (Sept 3): Alibaba Group on Monday launched the Alibaba Talent Programme in Singapore with support from Nanyang Technological University (NTU Singapore) and the Economic Development Board (EDB) under the Industrial Postgraduate Programme (IPP).

This talent programme is part of Alibaba’s mission to nurture future research and development (R&) talent in Singapore, especially in the field of computer science. It aims to equip postgraduate students with critical R&D skill-sets through gaining practical work experience on projects with Alibaba.

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Singapore Airlines forms strategic partnership with Alibaba for resource sharing & cross-marketing

SINGAPORE (Aug 21): Singapore Airlines (SIA) and China’s Alibaba Group have established a strategic partnership that extends across areas including flight ticket sales, loyalty programmes, marketing initiatives, cloud services, payments and logistics.

The collaboration aims to enhance the customer experience for travellers through the “transformative potential of technology”, as well as allows SIA and Alibaba to join forces in other areas, say both groups in a joint release on Tuesday.

GIC sees China as Silicon Valley's equal

(Mar 23): After hitting pay dirt with investments in Alibaba Group Holding and Xiaomi, Singapore sovereign wealth fund GIC is giving China as much attention as it does Silicon Valley in the search for the next big thing in tech.

Alibaba and NTU launch first joint research institute outside of China, plans a DAMO lab in Singapore

SINGAPORE (Feb 28): Alibaba Group is teaming up with Nanyang Technological University (NTU) to launch its first joint research institute outside of China.

Dubbed the Alibaba-NTU Singapore Joint Research Institute, the lab will bring together NTU’s strength in artificial intelligence (AI), and Alibaba’s capabilities in natural language processing, cloud computing and machine learning.

The partnership aims to find breakthroughs and real-world applications in areas such as home, retail, community and urban transportation to hospitals and nursing homes.

Amazon stymied by Singaporeans' love for shopping

(Oct 9): As Amazon.com Inc. pushes into Southeast Asia with a new venture into Singapore, the online retailer is facing some tough hurdles. Shopping in air-conditioned malls is practically a national sport, and e-commerce rivals moved in long ago.

Delivery delays also marred Amazon’s debut in July, when on-the-ground operations began with Prime Now two-hour deliveries. Even when including orders placed on its main US website, Amazon lags behind local web store Lazada and its parent, Alibaba Group Holding.

Thailand to kick start $61 bil economic revamp before polls

BANGKOK (Sept 28): Thailand’s military government is looking to start construction of projects under a 1.5 trillion baht ($61.2 billion) investment plan before the country’s possible return to democracy late next year.

Enabling laws for the so-called Eastern Economic Corridor initiative should be in place by the end of 2017 to bolster investor confidence, and construction of some of the planned infrastructure could begin next year, Kanit Sangsubhan, the secretary-general of the office overseeing the plan, said in an interview.

Tencent buys 4.95% stake in China's leading investment bank for $493 mil

SINGAPORE (Sept 21): Tencent Holdings is coming for your dollars.

Through wholly-owned subsidiary Tencent Mobility, the Chinese internet giant is investing HK$2.86 billion ($493 million) for a 4.95% stake in China International Capital Corporation (CICC), one of the mainland’s leading investment banks.

Tencent will subscribe for some 207.5 million new Hong Kong-listed shares of CICC at HK$13.80 each, representing an 11.0% discount to the stock’s closing price of HK$15.50 on Wednesday.

As at 11.10am on Thursday, shares in CICC are trading 15.1% higher at HK$17.84.

CapitaLand inks deals with e-commerce giants Alibaba, Lazada Singapore

SINGAPORE (Aug 23): CapitaLand on Wednesday announced two separate agreements with e-commerce leaders Alibaba Group and Lazada Singapore.

First, CapitaLand has inked a deal to manage the Alibaba Shanghai Center in China.

Alibaba’s new Shanghai headquarters comprises four office towers and a retail podium, spanning a total of 80,000 sq m.

Under the contract with Alibaba, CapitaLand will oversee the pre-opening and management of the shopping podium and one of the four office towers.

Lazada brings Alibaba's biggest bazaar to Singaporean shoppers

SINGAPORE (March 22): Alibaba’s bringing its teeming Taobao internet marketplace to Singapore.

Alibaba Group Holding and Lazada Group SA are teaming up to sell select Taobao products direct to shoppers in the affluent island-state, striking their first partnership since the Chinese company took control of Southeast Asia’s largest e-commerce operator a year ago.

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