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Tag: alibaba
Alibaba revenues jump 54% to CNY 85.1 bln in fall quarter amid some caution ahead
2018-11-02 14:06:00| Telecompaper Headlines
(Telecompaper) The company intends to continue investing into long term growth abroad, with international revenues lifting 55 percent to CNY 4.464 billion. Alibaba noted that it partnered in September with Russian Direct Investment Fund (RDIF), Megafon and Mail.Ru Group to integrate Russia's key consumer internet and e-commerce platforms and launch a leading social commerce joint venture for Russia and CIS states.
Alibaba eyes wine opportunity with US$290m investment in 1919.cn - report
2018-10-22 16:24:00| Daily beverage news and comment - from just-drinks.com
Alibaba is to invest CNY2bn (US$290m) in Chinese alcohol retailer 1919.cn, according to a report.
Tags: report
eyes
opportunity
investment
Alibaba Cloud selects Irdeto to simplify OTT content protection
2018-09-20 21:00:43| Digital TV News
Alibaba Cloud has selected Irdeto Rights to simplify OTT content protection for its customers. Irdetos multi-DRM solution, including ChinaDRM, PlayReady, Widevine and FairPlay support, will enable content owners and operators to quickly deploy OTT services.
Tags: content
protection
cloud
alibaba
Alibaba partners Mail.ru, Megafon to expand Russian business
2018-09-11 16:34:00| Telecompaper Headlines
(Telecompaper) Chinese e-commerce giant Alibaba Group has agreed to found a joint venture with the Russian Direct Investment Fund (RDIF), Russian mobile operator Megafon and internet company Mail.ru Group. The deal agreed at Russia's Eastern Economic Forum will see Alibaba own 48 percent of the new company AliExpress Russia, while the three Russian entities will have a combined 52 percent stake in the e-commerce platform after contributing cash, shares and other assets.
Tags: business
partners
expand
russian
Alibaba founder Jack Ma to retire in 2020, leave mantle to CEO Daniel Zhang
2018-09-10 09:08:00| Telecompaper Headlines
(Telecompaper) Alibaba founder and executive chairman Jack Ma has announced he will be leaving company leadership to CEO Daniel Zhang in 12 months, or about 20 years after starting the firm. Zhang joined Alibaba 11 years ago and became its CEO in 2015, succeeding Jonathan Liu.
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