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. Vietnam and Thailand are among the Southeast Asian nations warming to a governance model that twins sweeping content curbs with uncompromising data controls -- ...
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 ...
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 ...
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. Valuations for some tech companies globally may be too high but the ability to discern that differentiates a good investor from an average one, Chief Executive Officer ...
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 ...
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 ...
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 ...
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 ...
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 ...
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. Lazada is launching a ...