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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?

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Chinese consumers are rapidly moving towards non-bank and cashless alternatives, such as Alibaba’s $60 bln financial application Alipay.

China Launches a $1.5 Bln FinTech Fund and Adopts to Consumers Going Cashless

2017-01-08T15:38:00+00:00

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Alibaba's introduction of tamper-proof Blockchain technology to improve accountability in the Chinese charity industry will boost the trend, particularly among ...

Blockchain Revolution is On: Alibaba to Make Donations Trackable

Olusegun Ogundeji

2016-08-01T16:56:00+01:00

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Alibaba announced a possibility to use Blockchain in its new cloud service platform at the Yunqi Assembly Shanghai summit.

Alibaba Plans To Use Blockchain In Its Cloud Services

2016-01-22T11:14:00+00:00

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American Express rolls out a new online checkout service, FinTech is the reason for record hikes in venture capital flooding into the London startup scene, and ...

FinTech Digest: Amex Has a Checkout Service, London Startup Funding Sets Record, Greek Island Explores Digital Currency

2015-07-11T12:53:42+01:00

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Alibaba and Chinese banks do battle over online lending, Credit Karma secures new funding to expand its service as it looks to become the default for consumers’...

FinTech Digest: Alibaba Enters Into Online Lending, Credit Karma Has $3.5B Valuation, Mobile-Only Banking Application Receives License

2015-06-27T13:58:19+01:00

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In light of Alibaba’s success story, the chief administrative authority of the People’s Republic of China, the State Council, is looking to boost entrepreneursh...

Beijing’s Big Push for Startups Should ‘Foster an Ideal Environment’ for the Bitcoin Industry

2015-03-24T16:11:04+00:00

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