Categories alibaba

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City Brain: Cloud Computing and Data Technology Help Our City Think Deeply

It takes HUMAN 100 years to process these data. It takes TECHNOLOGY one second to make our city a better place. On November 9, 2017, Dr. Wang Jian, Chairman of Alibaba Group’s Technology Committee, published an article in China’s mainstream media on the “City Brain”. In it, he explains that in […]

Southeast Asian e-commerce startup Carousell closes $70-$80M Series C round

 Singapore-based startup Carousell is in the money this week after it closed a Series C round of between $70-$80 million, two sources with knowledge of the deal told TechCrunch. Started by three graduates from the National University of Singapore in 2012, Carousell operates a mobile-first listings service for second-hand goods […]

Chinese social media giant Weibo is raising $700M to fund acquisitions

 Weibo, the Twitter-like Chinese social network that is profitable unlike Twitter, is raising $700 million as it looks for acquisitions to continue the rocket ship growth its business has seen in 2017. The Beijing-based company, which is listed on the NASDAQ with a current market cap of $21 billion, announced […]