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China Unicom, Alibaba Form Cloud Services JV
Tencent Tech, 8/03/18
Telecom operator China Unicom (NYSE: CHU; 0762.HK; 600050.SH) and Chinese internet conglomerate Alibaba Group (NYSE: BABA) announced this morning that they will establish a joint venture subsidiary called Yunli Zhihui Technology, with RMB 353 mln in registered capital. Read More
Alibaba Financial Announces 3-day Interest-free Loan Return Policy
Sohu IT, 12/20/12
Alibaba Financial, the operator of Chinese e-commerce company Alibaba Group's SME financing arm, yesterday announced that beginning tomorrow it will refund all interest owed on loans returned by first-time recipients within the first three days for any reason. Read More
Alibaba Denies Taobao Loans, Alipay Merchant Fees Linked
Sina Tech, 10/24/11
At an Alibaba Cloud Computing ("AliCloud") developers' meeting on October 24, Alibaba Group VP Simon Hu denied recent rumors that the funds backing Alibaba B2C and C2C subsidiary Taobao's small business loans were connected to the Alipay merchant consumer protection deposit fees. Read More
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