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.

News
Fintech and blockchain developer Ant Financial, an affiliate of e-commerce giant Alibaba, has been ranked the fifth most valuable private firm in China.
Blockchain Developer Ant Financial Ranks Fifth Largest Private Firm in China
Marie Huillet
2020-01-10T12:04:00+00:00
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News
Alibaba Group’s movie-making arm Alibaba Pictures plans to tokenize distribution rights for its new film "Striding into the Wind.”
Alibaba Filmmaking Arm to Distribute New Movie Rights via Tokens: Report
Helen Partz
2019-11-22T13:01:00+00:00
3496
News
China’s Zhejiang province processed $5.9 billion via a blockchain medical billing platform using Ant Financial’s blockchain tech.
China’s Zhejiang Processes $6B via DLT Medical Billing Platform
Helen Partz
2019-11-18T16:36:00+00:00
2635
News
Bitcoin rewards shopping app Lolli maintains that they had partnered with Chinese e-commerce giant Alibaba before Singles’ Day marketing campaign.
Bitcoin Rewards App Lolli Responds to Alibaba’s Denial of Partnership
Joeri Cant
2019-11-18T01:22:00+00:00
7505
News
The financial technology subsidiary of Chinese e-commerce giant Alibaba, Ant Financial, started testing its enterprise blockchain platform.
Alibaba Subsidiary Ant Financial Tests Its Enterprise Blockchain
Adrian Zmudzinski
2019-11-12T13:54:00+00:00
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News
Alibaba partnered with Bitcoin rewards shopping app Lolli, enabling its shoppers in the U.S. to earn 5% back in Bitcoin.
Alibaba Partners with Lolli to Allow US Shoppers Earn ‘Free Bitcoin’
Helen Partz
2019-11-11T21:51:00+00:00
24743
Follow up
Alipay denies providing support for Bitcoin trading amid reports of Binance accepting fiat deposits via popular payment channels.
Alipay Denounces Bitcoin OTC Trading: Regulatory ‘Gray Area’ in China
Osato Avan-Nomayo
2019-10-19T14:16:00+01:00
4230
News
Alipay, a digital payment arm of Chinese e-commerce giant Alibaba, declares that it will be banning any transactions related to Bitcoin or other cryptocurrencie...
Official: Alipay to Ban All Bitcoin-Related Transactions
Helen Partz
2019-10-10T15:18:00+01:00
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