Canalys launched its newest cloud infrastructure spending numbers for China as we speak, and it’s all trending upward. For starters, the market reached $2.9 billion for the quarter, a rise of 60.8%. China now accounts for 10.4% of worldwide cloud spending, that means its second solely to the US in […]
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Hey and welcome again to TechCrunch’s China Roundup, a digest of current occasions shaping the Chinese language tech panorama and what they imply to folks in the remainder of the world. Final week, we checked out how Alibaba and Tencent fared within the final quarter; the discuss in Silicon Valley […]
Xpeng Motors, the Chinese language electrical car startup backed by Alibaba and Foxconn, has raised a recent injection of $400 million in capital and has taken on Xiaomi as a strategic investor, the corporate introduced. The Collection C contains an unidentified group of strategic and institutional traders. XPeng Motors Chairman […]
Welcome again to TechCrunch’s China roundup, a digest of the most recent occasions that occurred at main Chinese language tech corporations and what they imply to tech founders and executives world wide. Alibaba’s nemesis Alibaba’s new rival is shaking up China’s web panorama. This week, four-year-old e-commerce upstart Pinduoduo displaced […]
Databricks, the massive knowledge analytics service based by the unique builders of Apache Spark, at the moment introduced that it’s bringing its Delta Lake open-source undertaking for constructing knowledge lakes to the Linux Basis and beneath an open governance mannequin. The corporate introduced the launch of Delta Lake earlier this […]
Alibaba Group has acquired NetEase Kaola for $2 billion, the 2 corporations stated immediately, and can combine it into Tmall, creating the biggest cross-border e-commerce platform in China. The announcement follows weeks of media experiences a few potential deal, which was stated to have stalled in the course of August […]
After weeks of media stories, Alibaba might lastly be nearing an settlement to amass NetEase’s cross-border e-commerce unit, Kaola. Chinese language tech information web site 36kr stories {that a} deal could also be introduced as early as this week and is anticipated to be value $2 billion in money and […]
Salesforce, the 20-year-old chief in buyer relationship administration (CRM) instruments, is making a foray into Asia by working with one of many nation’s largest tech corporations, Alibaba. Alibaba would be the unique supplier of Salesforce to enterprise clients in mainland China, Hong Kong, Macau, and Taiwan, and Salesforce will change […]