Alibaba Group Holding Ltd.
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Amazon Closes its Online Shopping Platform in China
The global online e-commerce store admits that support for third-country traders in the mainland of the world's second-largest economy will be halted, reported Econ.bg
In view of the pressure from competitors, Amazon.com Inc. said on Thursday that it is planned "operational corrections" in China to "focus more on cross-border sales."
After more than 2 Years of Delay, the Tallest Building in China is Now Open
After more than two years of delay due to bureaucratic procedures, the new tallest skyscraper in China - Shanghai Tower in Shanghai's financial district is now welcoming its tenants, Bloomberg writes.
Alibaba Conglomerate Raises with over 50% its Investment in New Research
China's technology conglomerate, Alibaba Group Holding, will increase more than twice its research and development spending (up to USD 15 billion) over the next three years to develop the next generation of technology, boost its growing business and explore ambitious projects, which could change the industries. This is reported by Bloomberg agency quoted by Investor.bg.
Shunning protocol, Obama interviews Alibaba billionaire
U.S. President Barack Obama took time off at an Asia-Pacific summit on Nov. 18 for an unusual task - putting questions to Chinese internet billionaire Jack Ma and a young Filipina entrepreneur on government-business ties in a panel discussion.