Alibaba Group Holding to invest $4.6 bln in China electronics retailer Suning
China’s largest e-commerce giant Alibaba Group Holding Ltd announced Monday that it will invest 28.3 billion yuan ($4.56 billion) in Suning Commerce Group Co Ltd to take a 19.99
JD.Com, and ZestFinance Offer Big Data Credit Scoring Services in China
China’s e-business firm JD.com Inc is offering Big Data credit scoring services to Chinese customers, as a joint venture with U.S. credit-scoring technology company – ZestF
Alibaba and Ant Financial Aim to Capture China’s Local Service Market
Alibaba Group Holding Ltd. and its affiliate partner Ant Financial Services Group announced today that both the companies will invest around $1 billion and resources to establish a
Apple Inc. To Launch Mobile Payment System In China
Apple Inc. is entering into a partnership with Alibaba Group Holding Ltd and Chinese banks to bring the firm’s mobile payment system in China. Apple’s CEO, Tim Cook stated in a
