Alibaba Founder Jack Ma has resurfaced after months off the grid after he made remarks against the Chinese financial system last year
Jack Ma has been one of the many business people who have provided a helping hand to African countries during the spread of the Coronavirus pandemic. He’s also announced that the Alibaba Foundation will be hosting a series of virtual seminars between African and Chinese hospitals to exchange knowledge on how to tackle the virus. […]
China’s tech giant Alibaba is claiming they’ve developed an Artificial Intelligence system that can diagnose the Coronavirus within seconds with 96% accuracy. The AI system allegedly detects the virus in CT scans of patients’ chests, only taking 20 seconds to be able to tell whether or not a patient is positive for the virus. Usually, […]
The founder of Alibaba, Jack Ma has never shied away from his fascination with Africa as the next “big thing” for Africa. The former CEO has a competition that funds African Entrepreneurs and he recently wrote an opinion piece in the New York Times. In the piece, he mentions a number of things he has […]
Jack Ma has made it clear that he is tired of the office and he’ll be hanging up his gloves on the 10th of September in 2019. The former teacher, who went on to found Alibaba –the Chinese eCommerce giant- and make billions, has said the decision he is making will make him much happier: […]
So imagine this, you and your friends walk into a KFC near you, maybe the one by Belgravia shops here in Harare. You’re there so you can order your favorite meals and just chill together. You’ve all made your choices and it’s time to pay, you take out your card to swipe or even get […]
As you may know, Asia’s richest man and founder of Alibaba, Jack Ma, visited Africa for the first time about two weeks ago as part of his role as a special adviser on youth entrepreneurship to the UN. There he spoke about about building Alibaba and the things he learned and especially those that African entrepreneurs can learn from. […]
Verizon, the United States telecoms company has entered into an agreement with Yahoo to buy the web and search company for $4,83 billion. The deal only covers Yahoo’s core internet business and some real estate and does not include Yahoo’s cash, its shares in Alibaba Group Holding Ltd., its shares in Yahoo Japan, and Yahoo’s […]
This episode covers the sale of Telecel to the government and NSSA’s involvement, the theft of digital content, Zimpost’s payment platform and the changing African devices market.
The company announced that it hit US $14.3 billion in sales in just one day. Alibaba’s singles day is a shopping event the e-commerce company introduced in 2009
In a blog post published yesterday, Larry Page, the CEO of Google announced a restructuring of the tech giant that will see it adopt a new name, Alphabet. This doesn’t mean the name Google is gone completely. Alphabet becomes the holding company under which Google will fall.
There is a new e-commerce player in town; Save Mari. It is an online platform were Zimbabweans can market and advertise goods. This is another attempt at penetrating the online classifieds market. While this is admirable, Save Mari has things that it needs to figure out before it makes an impression in this field.
Earlier today it was reported that two of the largest South African e-commerce retailers Kalahari and Takealot, that have been rivals for a long time are going to merge. The value of the deal has not been disclosed. The deal, which is yet to receive approval from the South African Competition Commission, comes after Takealot recently […]
Last Friday Chinese e-commerce giant Alibaba raised $25 Billion through a successful initial public offering (IPO) on the New York Stock Exchange. This gave the tech startup a market capitalisation of $230 billion, a value that exceeded giants like Facebook, eBay and Amazon. For anyone tracking this Chinese internet business this looks like the final […]
Successes in startups have always been the stuff of fantasies. Seemingly simple ideas that are meant to solve some basic problems have turned some people into seriously wealthy individuals. This has been the trend at least in more advanced tech ecosystems such as the famed Silicon Valley. The formula has been used by startups from […]
Huawei has no plans to introduce dual OS Smartphone Huawei has come out and said they don’t have plans to introduce a smartphone that runs on Android and Windows OS as previously speculated. The speculation was fueled when Huawei’s Chief Marketing Officer was quoted saying, “Compared with Android, the priority of Windows Phone is much […]
Of the Android Wear Project (Official Google Blog) Wearables clearly don’t impress yet. At least not as much as Knight Rider made it look. There’s a race to make it as smooth and cool so the cash can roll in, and a Google announcement yesterday makes them look like the ones that will do it. […]
Virtual credit cards in China as bank partners Alibaba and Tencent. (alizila) Ever heard of Virtual Credit cards? Two top Chinese internet companies, Alibaba and Tencent (the WeChat guys) announced the introduction of these yesterday. The cards can be used offline as well as online. Both companies are teaming up with a China CITIC Bank, […]
Tencent radically shakes up its eCommerce strategy as it takes a 15 percent stake in Alibaba rival JD (TechInAsia.com) You are probably familiar with the successful Chinese eCommerce company Alibaba… but Tencent? Actually you are familiar with them too, just more through their chat application, WeChat, and their association with owners of Multichoice. So anyway, […]