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Alibaba News

Alibaba Group is a public Chinese company that specializes in the sphere of e-commerce and also owns the business-to-business web portal Alibaba.com. The company was founded in 1999 by Ma Yun — known professionally as Jack Ma — and currently is headquartered in Hangzhou. Alibaba has several platforms, such as Alibaba pictures for film directing, Alibaba Express (officially AliExpress) — an international trading platform — and AliPay — a platform for online payments. As China has banned the use of cryptocurrency in the country, the company supported such policy and made all payments in Bitcoin invalid. Nevertheless, the founder of service believes in the prospects of blockchain technology for the cloud storage and logistics of the corporation.

Top News

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

Any sellers that list crypto miners or relevant products on Alibaba’s platforms after Oct. 15 will face significant penalties.

Alibaba to ban crypto miner sales amid Chinese crackdown

2021-09-28T09:24:17+01:00

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The local news publication, acting as the party's spokesperson, warned of a major decrease in the value of NFT assets once its bubble pops.

Chinese Communist Party warns of NFT hype bubble

2021-09-10T17:00:00+01:00

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Global Shipping Business Network launched a new blockchain-based platform to digitize the shipping process and sought out key partnerships to target the Asian m...

New blockchain platform aims to track one-third of all shipping containers globally

2021-09-10T06:45:05+01:00

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Alibaba has launched a new marketplace allowing trademark holders to sell NFTs representing licenses to their copyright.

Alibaba launches NFT marketplace for copyright trading

2021-08-17T06:51:26+01:00

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While Visa and other major private payments networks see the potential of stablecoins, China’s central bank believes they pose serious risks to global financial...

China’s central bank worried about stablecoins’ risk to financial systems

2021-07-08T08:52:12+01:00

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Major tech and commerce firms have been instrumental in helping China's central bank develop the digital yuan.

Ant Group highlights private sector's role in developing digital yuan

2021-04-26T19:00:00+01:00

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Leading Chinese banks are promoting the digital yuan over Alipay and WeChat Pay for an upcoming shopping festival in China.

Top Chinese banks promote CBDC over local payment firms for shopping festival

2021-04-26T05:22:06+01:00

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Alibaba’s Alipay and Tencent’s WeChat Pay reportedly account for 98% of the mobile payment market in China.

China’s digital yuan is backup to AliPay and WeChat Pay, says official

2021-03-26T11:39:23+00:00

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