Category: Alibaba

Chinese City Offers Rent Subsidies, Cash Rewards to Blockchain Businesses

Fuzhou, China is offering rent subsidies to blockchain businesses in a bid to accelerate the industry’s growth, the state-run People’s Daily reported on June 11. The incentive is part of three measures designed to help the sector, and will enable companies to receive up to 600,000 yuan ($86,800) in relief on rent bills […]

50% Stock Surge Could Launch Amazon to $1.3 Trillion Valuation: Prominent Analyst

Photo: The Blue Diamond Gallery Get ready Amazon investors because this little stock could surge more than 50% if it’s to believe what Michael Levine, a senior analyst with New York equity-research firm Pivotal Research Group, has to say. It was pretty much up at May the 3rd but Amazon’s […]

Alibaba to Integrate Blockchain in Intellectual Property Protection Platform

Chinese Internet company Alibaba announced that it would be revising the security of its Intellectual Property Protection system for global enterprises and brands. The revision includes the integration of blockchain technology, reported local news outlet Sohu on May 23, 2019. Digital Copyright Protection  While cryptocurrencies still struggle to gain grounds […]

Vechain Among Top 10 Global Companies With Most Blockchain Patents, Alongside IBM, MasterCard, and Alibaba

The VeChain (VET) project, which has secured several partnerships since the start of 2019, is reportedly is one of the Top 10 companies globally that have the most blockchain patents. Came across this article just now:[email protected] was among the 𝐓𝐎𝐏 𝟏𝟎 in the ‘global top 100 blockchain patent ranking’ of […]

E-Commerce Giant Alibaba to Integrate Blockchain Into Intellectual Property System

Chinese e-commerce giant Alibaba will integrate blockchain technology into its intellectual property system of global enterprises and brands, local news outlet Sohu reported on May 23. Ali Xizhi, the company’s director of intellectual property protection, reportedly said that Alibaba is in the process of upgrading the filing of intellectual property […]

Report: Chinese E-Commerce Giant Has Applied for Over 200 Blockchain Patents

Chinese e-commerce giant has applied for over 200 blockchain patents, according to a report by Securities Daily News on May 20. The report also notes that major e-commerce competitor Alibaba has applied for 262 blockchain patents, and Chinese internet titans Tencent and Baidu have applied for 80 and 50 […]

Ant Financial Joins $10 Mln Series A, Partners With ZKP Blockchain Privacy Solutions Firm

Ant Financial, the financial affiliate of Chinese e-commerce giant Alibaba, has participated in a  $10 million Series A round for QEDIT, an Israeli blockchain privacy solutions firm that develops zero-knowledge proof (ZKP) technology. The news was reported by Israeli daily business newspaper Calcalist on May 7. The Series A was […]

Here’s How Uber’s $10B IPO Will Cash In on Lyft’s Failure

Photo: Unsplash After Lyft’s catastrophic debut on the stock market, Uber will learn from its rival’s mistakes. Uber’s IPO will be more cautious, more realistic, and ultimately more successful. EXCLUSIVE: Uber plans to sell around $10 billion worth of stock in its IPO, according to sources — Reuters Top […]