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Posts Tagged ‘alibaba’

China Roundup: WeChat’s new focus on monetization

Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. At the beginning of each year, a large crowd of developers, content creators and digitally-savvy business owners gather in the southern Chinese city of Guangzhou ...

Sisense nabs $100M at a $1B+ valuation for accessible big data business analytics

Sisense, an enterprise startup that has built a business analytics business out of the premise of making big data as accessible as possible to users — whether it be through graphics on mobile or desktop apps, or spoken through Alexa — is announcing a big round of funding today and a large jump in valuation ...

AutoX and Fiat Chrysler are teaming up on a robotaxi for China

Autonomous vehicle startup AutoX, which is backed by Alibaba, said Tuesday that it is partnering with Fiat Chrysler partnership to roll out a fleet of robotaxis for China and other countries in Asia. A fleet of Chrysler Pacifica is going to be in service to the public in China in early 2020, according to AutoX ...

China Roundup: Y Combinator’s short-lived China dream

Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. Last week, we looked at how Alibaba and Tencent fared in the last quarter; the talk in Silicon Valley and Beijing this week is on ...

Chinese EV startup Xpeng Motors raises $400 million, takes on Xiaomi as strategic investor

Xpeng Motors, the Chinese electric vehicle startup backed by Alibaba and Foxconn, has raised a fresh injection of $400 million in capital and has taken on Xiaomi as a strategic investor, the company announced. The Series C includes an unidentified group of strategic and institutional investors. XPeng Motors Chairman and CEO He Xiaopeng, who also ...

Foreigners visiting China are increasingly stumped by its cashless society

Technically, it's illegal for Chinese merchants to refuse payment in cash, but this rule is hardly ever enforced, and China has been sprinting to a cashless society that requires mobile devices -- not credit-cards -- to effect payments, even to street hawkers.

This has lots of implications for privacy, surveillance, taxation, and fairness, but in the ...

China Roundup: Xi’s power on bitcoin, the rise of Alibaba’s new rival

Welcome back to TechCrunch’s China roundup, a digest of the latest events that happened at major Chinese tech companies and what they mean to tech founders and executives around the world. Alibaba’s nemesis Alibaba’s new rival is shaking up China’s internet landscape. This week, four-year-old e-commerce upstart Pinduoduo displaced JD.com to be the fourth-most valuable ...

Microsoft launches new open-source projects around Kubernetes and microservices

Microsoft today announced two new open-source projects: Dapr, a portable, event-driven runtime that takes some of the complexity out of building microservices, and the Open Application Model (OAM), a specification that allows developers to define the resources their applications need to run on Kubernetes clusters and which Microsoft developed in cooperation with Alibaba Cloud. As ...

Databricks brings its Delta Lake project to the Linux Foundation

Databricks, the big data analytics service founded by the original developers of Apache Spark, today announced that it is bringing its Delta Lake open-source project for building data lakes to the Linux Foundation and under an open governance model. The company announced the launch of Delta Lake earlier this year and even though it’s still ...