Chinese internet colossus Alibaba Group is getting ready to challenge Amazon in the Indian market following an investment of $177m into an e-commerce platform in the country. Its stake in India's Paytm e-commerce grants it control over the newly launched Paytm Mall site and application. It's just the latest in a series of investments by Jack Ma's Alibaba as they continue to expand operations globally.
Reliance Jio, India’s newest telecommunications operator has reached an agreement with US global ride-sharing platform Uber - which will enable passengers to pay for services by utilizing the operator’s new application. The Indian 4G newcomer have recently launched an application called JioMoney which is a digital wallet.
Thaicom Public Company Limited, a leading Asian satellite operator, and Intersat Limited, a VSAT provider of cost-effective, end-to-end satellite communications solutions, announced the launch of Managed Satellite Network Services for Intersat and Thaicom enterprise and government customers over the iDirect satellite hub platform. The companies recently signed a multi-year deal for capacity on the THAICOM 6/AFRICOM 1 satellite.
The Federal Communication Commission has approved the landing license for the state-of-the-art Southeast Asia - U.S. (SEA-US) fiber cable system. This key milestone enables the connection between the United States and Indonesia.
India's 4G telecommunications operator Reliance Jio have agreed to extend its partnership with South Korean colossus Samsung. The announcement between the two organizations was made at Mobile World Congress, in Barcelona. It was disclosed that the pair plan to collaborate in order to enhance the operator's LTE network in rural parts of India. Both parties are confident that if they can successfully implement this project it will take coverage to 90% of the Indian population by the end of 2017.
Uber drivers protested in Taiwan circling the country’s transport ministry on February 10 after the ride-hailing company halted its operations in the island nation following an impasse with the government of Taiwan which deems the service illegal.
SAP and Lenovo announced a partnership under which Lenovo will deliver a new enterprise cloud solution created exclusively for customers holding licenses for the SAP HANA platform in China. The solution will be named “Lenovo Enterprise Cloud designed for SAP HANA” and is intended to open a simple and powerful migration path for China customers seeking to leverage their investments in SAP HANA offsite in a cloud environment.
Alibaba Cloud, the cloud computing arm of Alibaba Group, announced that it has expanded its data center in Hong Kong by more than doubling the capacity to address the increasing demand for secure and scalable computing services in Asia Pacific.
China’s No.1 mobile wallet app, Ant Financial, which is an affiliate of Alibaba Group, has made its move to penetrate the South Korean payment platform market with a $200m investment. However, it’s just the latest in a number of significant overseas investments the Chinese company has made in recent months.
Consumers in Thailand have been given a boost following the official announcement of the launch of ‘Samsung Pay’ in the region from the Korean mobile giant. The cashless payment service has in fact been running in a limited number of outlets in an ‘early access’ fashion for the best part of a year.
