Chinese technology giants Alibaba and Tencent are promising to build the cars of the future, vehicles linked seamlessly to the Internet and offering shopping and navigation help while on the road.
China's Internet tycoon Jack Ma, founder of giant online merchant Alibaba, gave a glimpse of the future when he demonstrated a new e-payment system using facial recognition at the CeBIT IT fair in Germany.
China's huge IT sector is out in force in Germany this week, signalling to the world it is ready to not just copy but lead as a tech superpower.
Chinese e-commerce giant Alibaba on Thursday joined the country's biggest auto maker with a plan to develop an Internet-connected car, following other non-traditional players such as Google making inroads into the industry.
US online retail giant Amazon has set up shop on the business-to-consumer platform of Alibaba as it seeks a greater presence in the massive Chinese market.
Chinese online giant Alibaba will open a data center in Silicon Valley, it said Wednesday, challenging US rival Amazon in the field of cloud computing.
The Chinese tradition of giving gifts of money in red envelopes at Lunar New Year has turned into big business for Web giants Alibaba and Tencent, which now both offer electronic "hong bao".
E-commerce giant Alibaba said Friday that U.S. regulators have requested information on Chinese authorities' allegations that the company has failed to do enough to prevent fake goods from being sold on its websites.
Chinese online giant Alibaba said Friday US stock market regulators had asked for information related to a probe of its activities in China, and was cooperating with the request.
Echoing US online retailer Amazon, Chinese e-commerce giant Alibaba on Wednesday tested a drone delivery service, promising to whisk ginger tea to customers within an hour despite close controls on airspace.