Operated by Chinese e-commerce and Internet services giant Alibaba Group, Yahoo China, has unfortunately closed its Web portal. A good-bye message is now displayed on the site that later redirects visitors to now.taobao.com which is a news site that is run by Alibaba Group’s Taobao. In accordance with a 2012 agreement made between Alibaba Group and Yahoo consisting of Yahoo …
Yahoo’s Mail Service : Withdrawn From China : Alimail On Hype
The Yahoo’s mail service was closed down after a four month’s warning. The users were requested to transfer their details in another site, Alibaba’s Alimail. The gradual closing of service was due to the country’s largest internet company Alibaba’s capturing of stake. Initially during January, China had its music service stopped due to some strategies in the products. And, recently, …
Ex-Alibaba GM Yan Limin sentenced for Bribery
Former Alibaba GM, Yan Limin has been sentenced to seven years of prison for accepting two large bribes during his tenure at Alibaba alongwith several other former Alibaba employees from Juhuasuan and Taobao who were found guilty of bribery by Hangzhou court. He was the then manager of Alibaba’s Juhuasuan group-buying venture, and was arrested last year for same charges. …
Alibaba Is In Its final Stage
Alibaba, e-commerce giant in China is in the last stage of debate to get a video streaming service. All can expect announcements related to this soon. All are still in a confused state whether the deal between PPTV and Alibaba will be in gain or not. Due to price criteria, the online media company and retailer of electronic appliances are …