Alibaba Archives - FortuneZ

Suzhou To Introduce Digital Yuan ‘Red Envelope’ Trial For Double 12 Event

November 23, 2020

Suzhou to introduce digital yuan 'red envelope' trial for double 12 event. According to a report in local Chinese media outlet The Paper, the city of Suzhou will be the second to roll out a “red envelope” tri...

China’s Ant Group Launches Digital Copyright Platform On AntChain

October 22, 2020

China's Ant Group launches digital copyright platform on AntChain. Through its blockchain operation, the Chinese fintech company Ant Group has announced a new platform called AntChain. The company was founded...

US Takes The Lead In Blockchain Patents

September 21, 2020

US takes the lead in blockchain patents. According to a Sept. 17 report from intellectual property consultancy KISSPatent, the United States still takes the lead as the country with the most blockchain patent...

Challengermode Raises $12M Financing Led By Alibaba

August 26, 2020

Swedish esports tournament management platform Challengermode announced Tuesday that it has closed a $12M USD investment led by the eWTP Innovation Fund, Alibaba Group’s global investment arm. SEB Corporate F...

Alibaba, Tencent Among First Recipients of Chinese Central Bank’s Crypto

August 28, 2019

As the launch of China’s central-backed digital currency is looming, the bank has decided to distribute the crypto to seven banks and tech giants, according to a Forbes report. Among the names that are about...

China Approves 197 Blockchain Firms, Baidu and Alibaba Listed

April 3, 2019

China’s top-level internet censorship agency has unveiled the first round of firms that were successful in their applications to begin their blockchain-related services in the country. Besides start-up compa...

China’s Alibaba Settles Trademark Dispute with Alibabacoin

March 11, 2019

The dispute between Dubai-based cryptocurrency firm Alibabacoin Foundation and ABBC seems to have come to an end. The developer of ABBC Coin and MC wallet today said it had reached an agreement to settle a l...

Alibaba Subsidiary ‘Taobao’ Bans Sale of ICO-Related Services

April 12, 2018

China-based online marketplace Taobao, a subsidiary of Alibaba, has announced that it will be banning the sale of any ICO-related services from its platform effective on April 17, 2018. The new restrictions ...

Alibaba Cloud Partners with Blockchain-Powered Internet of Things Startup

March 6, 2018

The cloud arm of Chinese web giant Alibaba Group has partnered ‎with Xiamen ZhongChuan IoT Industry Research Institute to accelerate the ‎ambitious development timeline of a new blockchain ‎designed specifica...

Alibaba Targets Mobile Gaming Move

January 8, 2014

Chinese e-commerce group Alibaba has announced plans to move into the mobile gaming market as part of a new strategy. According to the Thenextweb.com website, Alibaba is to set up its own mobile gaming platf...