Source: Fooksou LamimoWhile some IT bigwigs are trimming their workforce, Alibaba Group plans to add another 5,000 employees globally till March 31, 2021.
Tag: Alibaba
Alibaba to pump US$28b in cloud infrastructure
Alibaba plans to pump in US$29 billion to boost its cloud infrastructure over the next three years. This comes on the back of increasing demand for cloud and data centre services as a result of the COVID-19 pandemic.
Samsung, China Mobile and Alibaba among world’s top 10 tech companies
Samsung, China Mobile and Alibaba have made it to the top 10 of Forbes 2019 top 100 digital companies. The Korea giant came in third behind Apple and Microsoft, but edged out Google and Intel.
Amazon takes on big guns in machine learning
A new player has entered the machine learning arena. While big players such as Google, Intel and NVIDIA have been slugging it out, Amazon has thrown its hat into the ring with its newly-launched Inferentia chip.
SoftBank targets US$21b mobile IPO
Japanese conglomerate SoftBank plans to raise US$21 billion for its mobile telecommunications unit, making it the world’s biggest IPO since Alibaba in 2014.
Alibaba founder Jack Ma walks the talk
By Edward Lim
It’s hard to let go when you’re one of the richest man in the world and leading one, if not the biggest, e-commerce company in the world. But, Jack Ma is a man of his word. A man who knows his time and a man who has shown what resilience is all about.
100m smart speakers by end of 2018
Smart speakers are picking up steam with the installed base expected to hit 100 million by the end of this year, according to Canalys. That’s 2.5 times the size of end 2017.
Alibaba leverages AI for copywriting
Copywriters, beware! A new tool dubbed “The AI copywriter” by Alimama can generate an astounding 20,000 lines of copy in a second. Alimama is the digital marketing arm of China e-commerce giant Alibaba.
VR to impact retail and marketing
Virtual reality (VR) has been tipped to be the next innovative technology to improve and impact retail and marketing.
Smart speaker adoption to rise in 2018
Amazon and Google went head to head in the smart speaker market last year and the battle is expected to be more intense in the coming days with more players joining the fray.
We are 5!
Entelechy Asia turns five today. So much has changed since we launched in November 2012.
GTC draws the big guns!
As a sign of its coming of age, the GPU Technology Conference (GTC) held annually in San Jose, California since 2009, is no longer a niche event but one that is drawing the who’s who […]
Alibaba Cloud rises 128% in Q3
Alibaba Cloud has outpaced cloud service provider leaders with growth of 128 percent to reach US$221 million in Q3. However, AWS increased its lead, accounting for 32.2 percent of total spend, followed by Microsoft Azure with 17.3 percent and Google Cloud with 7.6percent, according to Canalys. Both Microsoft (up 115.6 percent) and Google (up 79.6 percent) grew faster than Amazon.
Global cloud infrastructure services expenditure increased 53.1 percent year on year to reach US$10 billion for the first time in Q.
“Alibaba has established itself as the largest e-commerce business in China and is starting to dominate the provision of cloud infrastructure services in the country,” said Daniel Liu, Research Analyst of Canalys.
Alibaba to take US$1b stake in Lazada
Leading e-commerce giant Alibaba has announced that it would pay US$1 billion for a controlling stake in Singapore startup Lazada, which has e-commerce operations across Southeast Asia. Established by Rocket Internet in 2011, Lazada is a popular […]
Alibaba joins Microsoft and AWS as leaders in China cloud market
The public cloud market in China will more than double in the next five years, from US$1.8 billion this year to US$3.8 billion in 2020, according to Forrester.
Two-thirds of Chinese software decision-makers surveyed by Forrester are making increased use of public cloud platforms a top priority over the next 12 months.
Enterprise public cloud platform vendors in China are improving in terms of their service diversity, simple abstraction for operational efficiency, and operational autonomy for on-demand elasticity. Forrester has evaluated the strengths and weaknesses of 11 cloud vendors Alibaba, AWS, ChinaC, DaoCloud, JD.com, Microsoft, MoPaaS, QingCloud, Tencent, UCloud, and UnitedStack.
Alibaba sets US$8b target for November 11 sales
November 11 is Singles’ Day in China and the singular thing retailers are aiming for today is record sales. China e-commerce giant Alibaba has set US$8.18 billion (RMB50 billion) as its 2014 target of single-day transaction value for the November 11 online shopping festival, according to IDC.
The research firm believes Alibaba is very likely to achieve five percent more. “11.11” is not only a festival for Alibaba, online shoppers, and online retailers; it also changes consumers’ buying behaviour and impacts the evolution of the China e-commerce ecosystem.
“11.11” has become a special day for many Chinese consumers ever since Alibaba created this single-day online shopping festival in 2009. The total transaction value during last year’s “11.11” reached US$5.73 billion (RMB35 billion), which shocked Alibaba’s e-commerce competitors all around the world as well as the entire retail industry.
Alibaba breezes through China Singles’ Day online traffic with ZTE technology
Alibaba Group handled a record-breaking surge in online shopping traffic on China Singles’ Day on November 11 , the busiest day of the year for Internet retailers in China.
China’s largest e-commerce company broke its one-day sales record by more than 80 percent. ZTE’s ZXONE 8700 optical transport network system carried 90 percent of Alibaba’s operating data traffic that day, as online shopping orders pushed Alibaba’s peak data traffic to almost 300 Gbits per second, sustained for a period of seven hours.
For the 24-hour duration of China Singles’ Day, ZTE’s OTN systems deployed by Alibaba delivered excellent network performance and fault-free reliability, with no malfunction warning reported.
