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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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Motif Foodworks preps commercial production for its first ingredient, improving the flavor of beef substitutes

Motif Foodworks preps commercial production for its first ingredient, improving the flavor of beef substitutes Motif Foodworks, the Ginkgo Bioworks spinout focused on developing new plant-based flavorings and food ingredients, is readying commercial scale production of its first product an ingredient to improve the flavor of beef substitutes. The expansion of Motif’s […]

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Jack Ma’s fintech giant tops 1.3 billion users globally

Jack Ma’s fintech giant tops 1.3 billion users globally The speculation that Alibaba’s fintech affiliate Ant Group will go public has been swirling around for years. New details came to light recently. Reuters reported last week that the fintech giant could float as soon as this year in an initial public offering […]

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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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As Jack Ma and SoftBank part ways, the open and globalized era of tech comes ever closer to an end

As Jack Ma and SoftBank part ways, the open and globalized era of tech comes ever closer to an end It would be one of the greatest startup investments of all time. Masayoshi Son, riding high in the klieg lights of the 1990s dot-com bubble, invested $20 million dollars into a fledgling […]

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Jack Ma to resign from SoftBank Group’s board of directors

Jack Ma to resign from SoftBank Group’s board of directors SoftBank Group said today that Jack Ma, co-founder of Alibaba Group, will step down from its board after serving as a director for 13 years. Ma’s resignation will be effective on June 25, the date of SoftBank Group’s annual shareholder meeting. The […]

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Paytm targets merchants to fight back Google and Walmart in India’s crowded payments field

Paytm targets merchants to fight back Google and Walmart in India’s crowded payments field Paytm today announced two new features for businesses as the financial services firm looks to expand its reach in the nation that has quickly become one of the world’s most crowded and competitive payments markets. The Noida-headquartered firm, […]

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Jumia, DHL, and Alibaba will face off in African ecommerce 2.0

Jumia, DHL, and Alibaba will face off in African ecommerce 2.0 The business of selling consumer goods and services online is a relatively young endeavor across Africa, but ecommerce is set to boom. Over the last eight years, the sector has seen its first phase of big VC fundings, startup duels and […]

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Africa Roundup: Nigerian fintech gets $360M, mints unicorn, draws Chinese VC

Africa Roundup: Nigerian fintech gets 0M, mints unicorn, draws Chinese VC November 2019 could mark when Nigeria (arguably) became Africa’s unofficial capital for fintech investment and digital finance startups. The month saw $360 million invested in Nigerian focused payment ventures. That is equivalent to roughly one-third of all the startup VC raised […]

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China Roundup: Alibaba’s Hong Kong listing and Tencent’s new fuel

China Roundup: Alibaba’s Hong Kong listing and Tencent’s new fuel 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. The earnings season is here. This week, long-time archrivals in the Chinese […]

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