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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.
SHANGHAI: Chinese investors are pouring into newly-launched mutual funds targeting Ant Group's upcoming initial public offering, underscoring strong demand for technology shares at a time when Chinese tech firms are facing increasing U.S. scrutiny.
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.
Will SoftBank Group Corp initiate a similar move?
HONG KONG: Just as the Chinese duo of Jack Ma and Pony Ma have carved up major chunks of their country’s internet businesses, the battle for control of 1.3 billion Indians’ data could become a two-horse race.