Alibaba’s Alipay ePass program is helping Chinese consumers buy products by foreign merchants as well as international brands to expand their businesses using the program.
As part of its shift into offline retail, JD.com is set to open more than 1 million convenience stores across the country in the next five years, nearly half of them to be located in the rural areas, China Daily reported.
A new organizational structure by Verizon is to be created in order to improve their delivery service. This investment by Verizon will be responsible for the operation of its new technologies such as 4G LTE, 5G and fiber infrastructure.
China's new manned submersible will carry out research on earth's seabeds as deep as 4,500 meters under the sea.
China has made new efforts to tighten the security of its cyberspace. A draft law released on Tuesday mandates data-exporting firms to undergo annual security assessment.
Best Logistics was reported to have a target of $1 billion initial public offering. This could potentially be the biggest IPO from a Chinese firm in the U.S. listings for this year.
Alisports is rumored to be raising 1.2 billion yuan through a funding round led by Yunfeng Capital. The sports unit of e-commerce giant Alibaba was founded in Sept. 2015.
LeEco is abandoning its deal to acquire U.S.-based TV maker Vizio. The move comes as China tightens its security measures involving outbound partnerships.
Alibaba Group and Amazon.com Inc. will now have a new competitor as Huawei Technologies Co. Ltd. announced on Tuesday, April 11, that it is expanding into public cloud services, Reuters reported.
AlphaGo is set to compete against top Chinese Go players this May. The artificial intelligence program was developed by Google.
China has successfully launched a new communications satellite on Tuesday that will allow passengers of high-speed trains to stream HD videos and aid emergency responders at the scene of natural disasters.
Chinese smartphone giant Huawei faces a potential ban of sales in the U.K. because of failure to pay for a global license on patents.
Chinese scientists have extracted a compound from an herb that could tackle obesity.
Knowlesys aims to make it in the international market after over a decade of domestic success as a digital surveillance power.
