Time: 2018-12-21 09:30:15 Source: Digital360; China Daily
Chipmaker upbeat on tech talent. China's leading position in cutting-edge technology, like autonomous driving and 5G communications, will help groom the next generation of researchers, according to veteran industry experts at a major semiconductor company.
Alibaba aims for 2 billion users by 2036. By the end of June, the group had 576 million active consumers on its two major retail marketplaces－Taobao, China's largest mobile commerce destination, and Tmall, the country's largest third-party platform for brands and retailers.
Logistics giant looks to harness latest tech. G7, a Beijing-based internet of things company specializing in fleet management, is looking to harness the latest technologies, as it aims to meet the increasing demand in the traditional logistics market.
Over 240 billion yuan of tech on exhibit. New technologies devised to bring people better quality of life were this week showcased in Foshan, South China's Guangdong province. About 220 companies exhibited over 800 products and nearly 250 projects at the fourth Exposition for Investment and Trade of Advanced Equipment Manufacturing, held on the west bank of the Pearl River.
The estimated total investment on display was 242.83 billion yuan ($35.25 billion), with 65 projects considered to be worth more than 1 billion yuan.
IBM is selling its e‑commerce platform business. Earlier this month, International Business Machines Corp. announced India-based HCL Technologies Ltd., founded by Indian billionaire Shiv Nadar’s family, would acquire IBM software products for $1.8 billion, including IBM’s on-premise commerce software that retailers use to run their e-commerce platforms and omnichannel efforts. The deal is set to close in mid-2019. HCL will borrow $300 million to fund the deal, while the remainder will come through its profits.
Many B2B sellers still lack a central e-commerce strategy. Even though a manufacturer or distributor may have been operating in B2B e-commerce for a while, not everyone has a central strategy that involves all key decision makers, a survey by Unilog finds.
