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
Expected to launch in early 2023, Kenanga’s crypto-friendly super app will feature digital investment management, e-wallet, FX, stock trading and other services...
Malaysian bank works on crypto-friendly ‘super app’ with Ant Group tech
Helen Partz
2022-08-24T10:07:12+01:00
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NFTs are still a gray area in China where, unlike cryptocurrencies, there’s no official ban on their use but the authorities have warned investors against the r...
NFT platforms in China grow 5X in four months despite government warnings
Prashant Jha
2022-06-17T12:31:24+01:00
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The firm’s NFT marketplace solution included “web hosting, digital marketing & content delivery” infrastructure but is no longer listed on its website despite s...
Alibaba Cloud launches NFT solution, then quickly memory holes it
Brian Quarmby
2022-06-10T03:50:08+01:00
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WeChat removed several accounts for digital collectible platforms for violating the policy of illegal trade, while Ant Group and Tencent-owned NFT platforms upd...
Chinese internet giants remove NFT platforms fearing gov‘t crackdown
Prashant Jha
2022-03-21T09:17:22+00:00
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JD.com implements its own blockchain to issue free NFTs to attendees of its annual JD Discovery conference.
Chinese e-commerce giant JD.com drops NFT series on its own blockchain
Helen Partz
2021-10-20T17:15:00+01:00
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Any sellers that list crypto miners or relevant products on Alibaba’s platforms after Oct. 15 will face significant penalties.
Alibaba to ban crypto miner sales amid Chinese crackdown
Helen Partz
2021-09-28T09:24:17+01:00
18848
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The local news publication, acting as the party's spokesperson, warned of a major decrease in the value of NFT assets once its bubble pops.
Chinese Communist Party warns of NFT hype bubble
Tom Farren
2021-09-10T17:00:00+01:00
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Global Shipping Business Network launched a new blockchain-based platform to digitize the shipping process and sought out key partnerships to target the Asian m...
New blockchain platform aims to track one-third of all shipping containers globally
Brian Quarmby
2021-09-10T06:45:05+01:00
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