Alibaba is the first public cloud vendor to get Trusted Partner Network; Here's what it means
Technology | January 21, 2020 11:38 ISTAlibaba becomes the first public cloud vendor to get Trusted Partner Network. Read on to know what it is
Alibaba becomes the first public cloud vendor to get Trusted Partner Network. Read on to know what it is
In 16 hours 31 minutes of the event going live, the total gross merchandise value (GMV) exceeded USD 31.82 billion (about RMB 223 billion), surpassing the total 2018 GMV of USD 30.8 billion. In 16 hours and 33 minutes, the number of delivery orders exceeded 1 billion, surpassing the total number of delivery orders of 2018 11.11, Alibaba said.
E-commerce giant Alibaba will kick off it's 24-hour shopping mega-event on Monday and is hoping to achieve another record 'Singles' Day' sales this year. The shopping festival, also known as Double 11, is referred as Singles' Day because its date, 11/11 (November 11) consists of four 'ones', representing four singles.
The general slowdown in the Chinese economy has had little effect on the country's largest corporation Alibaba as its growth figures rise above the expectations to report a revenue surge of 40 per cent in September quarter 2019.
Jack Ma, Alibaba Group Ltd co-founder and chairman has stepped down as the Chinese e-commerce Chairman on his 55th birthday ending 20-years reins over Alibaba wealth creation empire, to devote his time to philanthropy focused on education.
After urging people to follow controversial 996 work mode , Alibaba founder Jack Ma now has given another advice for an improved life: he says have sex for six days, six times.
BigBasket is planning to set up vending machines and smaller distribution centres across various Indian cities
Mirae has pumped in about USD 60 million, while CDC and Alibaba have infused USD 40 million and USD 50 million, respectively, according to documents filed with the corporate affairs ministry.
Last year, the Alibaba Group reported USD 25.3 billion of orders.
Alibaba Group Executive Chairman Jack Ma was present at the gala night for countdown to the Global Shopping Festival 11.11 here.
The new "availability zone" will offer many product lines like Storage, Database, Elastic Computing Network, Application Services. It will aid local governments and enterprises in the Alibaba Cloud India region.
Alibaba is making a quantum chips processor to help power the range of industries and is setting up a chip subsidiary for customising AI chips and embedded processors to support its cloud and IoT businesses.
To sustain growth and stability, Jack Ma, the Executive Chairman and co-founder of Alibaba who steps down in September 2019, advises his employees to have a balance amongst the system.
Jack Ma will stay on as executive chairman before September 10, 2019 before handing over his role to Chief Executive Officer Daniel Zhang.
A former English teacher, Ma started Alibaba in 1999 and built it into one of the world’s successful e-commerce and digital payments companies.
Alibaba saw its revenue grow 56 per cent year-on-year in the fourth quarter in 2017.
The English version of the app, also available in Malaysia, is the first concerted push outside of China since launching three years ago.
The deal, if through, is expected to come as a huge shot in the arm for BigBasket in its fight against rivals Grofers and e-tailing giant Amazon.
These are the initial years for Paytm Mall and we have a long-term perspective on building a successful tech business, a Paytm Mall spokesperson said.
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