Tag: Alibabas
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EU probes TikTok, YouTube over child protection, and Alibaba’s AliExpress over consumer protection
[ad_1] The EU announced investigations on Thursday into YouTube and TikTok to find out what action the US and Chinese-owned platforms are taking to ensure the safety of minors. The European Commission said it had sent formal requests for information to TikTok and YouTube respectively, the first step in procedures launched under the EU’s new…
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Alibaba’s Taobao Tmall Group creates logistics unit to improve delivery management: report · TechNode
[ad_1] Alibaba-owned Taobao Tmall Group has set up a logistics unit to coordinate its work with external delivery companies, according to a Monday report by LatePost. The step aims to establish an effective and low-cost supply chain system for e-commerce platforms Taobao and Tmall as they see an influx of cost-sensitive smaller merchants. LatePost cited…
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Alibaba’s Freshippo to list on Hong Kong as early as November: report · TechNode
[ad_1] Alibaba’s grocery arm Freshippo is expected to go public on the Hong Kong stock exchange as soon as mid-November, local media outlet HKET reported early Monday. The IPO would make it the first Alibaba subsidiary to list independently after the Chinese tech giant launched its largest-ever reform earlier this year. Hema currently operates 300…
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Alibaba’s self-driving team to be absorbed by logistics arm in major setback · TechNode
[ad_1] Alibaba is embarking on a reorganization that may carry its autonomous driving analysis group below the purview of Cainiao, the logistics arm of the Chinese language tech large, in a transfer that underscores the difficulties of success within the self-driving house. An organization spokesperson confirmed the information to TechNode on Monday, with out commenting…