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Big Tech is clamouring for a larger piece of India’s booming Internet space, but that increasingly seems to mean going through the country’s richest man, Mukesh Ambani.
The e-commerce giant’s New Manufacturing pilot, Xunxi Digital Factory, is powered by technologies such as process and cost planning, automated in-house logistics and its own manufacturing operating system. Xunxi, which means fast rhino, has initially offered its cloud-based manufacturing supply chain to small firms in China’s apparel industry.
Alibaba launches logistics robot for last-mile deliveries to lower costs and as pandemic pushes automation
The robot can deliver as many as 500 packages a day to one designated community or campus
Cloud computing was Alibaba’s second-biggest revenue contributor last quarter, with sales growing 59% to US$1.8bil. The computer packs enough power to cut the rendering time of one frame of high resolution animation from 90 minutes down to 10 minutes.
Cathay Pacific and Prenetics to launch London-Hong Kong digital health passport in October in bid to ease travel
Pilot project, which starts on the Hong Kong-London route, will allow travellers to show their negative Covid-19 test results on a mobile app before boarding.
Alibaba says its gaming division has been upgraded to an independent group to parallel the company’s entertainment division.
Reality finally set in for Rony Abovitz in May. The augmented reality headset that had been under development for nine years inside his company, Magic Leap Inc, had been a colossal flop.
Alibaba’s Tmall to upend China’s real estate industry by using the Internet for entire sales process
Developers are listing their home projects on Tmall Haofang, a new sales channel by world’s largest e-commerce platform. Selected projects sold on the ‘good homes’ channel will offer up to 15% discount to catalogue prices.
WeChat has reportedly begun testing livestreaming on its short video feature Channels with a select group of content creators. Tencent’s do-everything app has a huge user base in China, but it is a relatively late entrant to short video and livestreaming e-commerce.
Chinese Internet stocks will keep outperforming their US counterparts in the months ahead as regulatory challenges to America’s technology giants mount in Washington DC and Brussels, according to some investors.