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
Major tech and commerce firms have been instrumental in helping China's central bank develop the digital yuan.
Ant Group highlights private sector's role in developing digital yuan
Helen Partz
2021-04-26T19:00:00+01:00
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News
Leading Chinese banks are promoting the digital yuan over Alipay and WeChat Pay for an upcoming shopping festival in China.
Top Chinese banks promote CBDC over local payment firms for shopping festival
Martin Young
2021-04-26T05:22:06+01:00
11287
News
Alibaba’s Alipay and Tencent’s WeChat Pay reportedly account for 98% of the mobile payment market in China.
China’s digital yuan is backup to AliPay and WeChat Pay, says official
Helen Partz
2021-03-26T11:39:23+00:00
6416
News
Ant Group remains the world’s biggest blockchain patentee, while IBM is considered to be the most-cited developer of patents in the industry.
Chinese holding firm Ping An overtakes Tencent in blockchain patents race
Helen Partz
2021-03-15T09:44:15+00:00
4488
Analysis
The notion of China racing to launch a CBDC that will end U.S. monetary supremacy doesn't hold up if you look at the facts on the ground.
China’s CBDC is about domestic dominance, not beating the dollar
Kollen Post
2021-02-26T14:37:00+00:00
10025
Newsletter
Exploring where national security meets securities offerings in this week's crypto news.
Law Decoded: Of ICBMs, BTC and ETFs, Feb. 5–12
Kollen Post
2021-02-12T20:52:38+00:00
9784
News
China's market regulator finalizes rules that have been three months in the making.
China releases final anti-monopoly rules targeting major tech and payments firms
Kollen Post
2021-02-08T17:51:04+00:00
12999
News
Several of Ant Group’s offerings including the blockchain division will reportedly become part of a financial holding company.
Report: Ant Group to overhaul structure per agreement with China authorities
Helen Partz
2021-02-03T13:28:55+00:00
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