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Alibaba and Ethiopian Airlines to launch cold chain exporting China’s COVID vaccines

Alibaba and Ethiopian Airlines to launch cold chain exporting China’s COVID vaccines China has pledged that it would be sharing its COVID-19 vaccines with other countries, especially those with which it has close ties. While the country is not ready to deploy its vaccines internationally, it is gearing up the infrastructure for […]

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China’s tech firms rush to deliver solutions for grocery shopping

China’s tech firms rush to deliver solutions for grocery shopping Nearly all of China’s largest internet firms have established a presence in online grocery. Just this week, news arrived that Alibaba co-led the $196 million C3 funding round of Nice Tuan, the two-year-old grocery group-buying firm’s fourth round year to date. People […]

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Alibaba Group will spend $3.6 billion to take control of Chinese supermarket giant Sun Art

Alibaba Group will spend .6 billion to take control of Chinese supermarket giant Sun Art Alibaba Group said today it will spend about $3.6 billion to take a controlling stake in Sun Art, one of China’s largest big-box and supermarket chains. After the transaction is complete, Alibaba Group will own 72% of […]

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This new Southeast Asian fund has its eye on Chinese cross-border firms

This new Southeast Asian fund has its eye on Chinese cross-border firms As U.S.-China relations remain tense, Southeast Asia becomes the darling for investors and tech companies from both sides as they seek overseas expansion. Behemoths like Google, Facebook, Alibaba, Tencent and ByteDance have elbowed into the region. Some set up shop, […]

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Blume Ventures’ Karthik Reddy on Indian startup ecosystem, geo-political tension with China and coronavirus

Blume Ventures’ Karthik Reddy on Indian startup ecosystem, geo-political tension with China and coronavirus Despite the coronavirus outbreak, which has slowed down deal-making across the world, dozens of startups in India have raised considerable amounts in recent months. Unacademy, which raised $110 million in February, closed a new round of $150 million […]

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What India’s TikTok ban means for China

What India’s TikTok ban means for China For more than a decade, China has limited how foreign tech firms that operate inside its borders do business. The world’s largest internet market has used its Great Firewall to block Facebook, Twitter, Google and other services in the name of preserving its cyber sovereignty. […]

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Apple and Google block dozens of Chinese apps in India

Apple and Google block dozens of Chinese apps in India Two days after India blocked 59 apps developed by Chinese firms, Google and Apple have started to comply with New Delhi’s order and are preventing users in the world’s second largest internet market from accessing those apps. UC Browser, Shareit, and Club […]

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Masayoshi Son resigns from board of Alibaba; defends SoftBank Group’s investment strategy

Masayoshi Son resigns from board of Alibaba; defends SoftBank Group’s investment strategy SoftBank Group founder Masayoshi Son said on Thursday he is leaving the board of Jack Ma’s Chinese e-commerce giant Alibaba Group today, a month after Ma left the board of Son’s technology group. Son said he sees the move as […]

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China Roundup: Alibaba to add 5,000 staff to cloud unit

China Roundup: Alibaba to add 5,000 staff to cloud unit Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. This week, we have updates from Alibaba’s rapidly growing cloud computing unit, […]

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Alibaba taps international influencers to sell more globally

Alibaba taps international influencers to sell more globally For years, Chinese e-commerce exporters have been learning the ins and outs of ad placement on Facebook, Instagram and other mainstream social media platforms to reach customers around the world. But they recently spotted a new way to grab people’s attention, one that has […]

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