Megvii Inc., the developer of facial recognition system Face++, is reportedly raising at least $600 million from investors including Alibaba and Boyu Capital. According to...
As Alibaba looks beyond eCommerce to expand its empire, some investors are getting nervous: Since January, the eCommerce retailer has lost approximately $60 billion in...
Alibaba has made its first FinTech investment in a Hong Kong-based startup, and the target is a B2B player. Reports Monday (May 15) said Alibaba...