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Tag: Alibaba

China’s USD crypto rival looms

Posted on   |  by Graeme Philipson
China is set to launch a digital version of its currency, backed by its central bank. The new blockchain based central bank digital currency (CBDC) has the potential to...

Alibaba ramps up local presence

Posted on   |  by David McClure
Many people would be familiar with Alibaba from its famous Singles Day event, which generated around $40 billion in sales in 2018. Less well known is the company’s emphasis...

Facebook’s long march to China

Posted on   |  by James Riley
Facebook has been bending over every which way to somehow get back into China after the country’s so-called Great Firewall was significantly jacked up in July 2009, blocking western...

McGowan preps innovation plan

Posted on   |  by James Riley
Western Australia Premier Mark McGowan will release an updated state innovation policy by the end of the year, but has cautioned against any expectations of large new spending programs....

Jack and the data-driven giant

Posted on   |  by James Riley
Mid-way through the world’s biggest shopping festival seems a weird time to declare that Alibaba is no longer an eCommerce company, but that’s the argument that Alibaba Group chief...

Alibaba’s 11.11 consumption giant

Posted on   |  by James Riley
On the eve of the Alibaba Group’s famous 11.11 global shopping festival, the world is battening down the hatches in preparation for a deluge of gigantic numbers. Records will...

Emperor Xi and the tech giants

Posted on   |  by James Riley
It is already last month’s news that Chinese leader Xi Jinping emerged triumphant from the 19th Communist Party Congress as the effective one-man ruler – some would say dictator...

Xi tightens grip in China tech

Posted on   |  by James Riley
The quinquennial Chinese Communist Party Congress, its 19th since winning the country’s civil war in 1949 begins this Wednesday. It will be the coronation of its leader for the...

Alibaba Cloud pitches a contest

Posted on   |  by James Riley
Ecommerce giant Alibaba is on the lookout for Australian and New Zealand startup talent and will host its first pitching competition in Sydney in September to find a pair...