Alibaba

In an effort to protect users from the proliferation of online scams and general crime on the internet, the Ministry of Digital Governance is in the final stages of drafting a law, which will be put out for public consultation in the near future, with rules and control procedures governing online communications, information and transactions. 

It is the Mugin-5, a commercial drone made by a Chinese manufacturer based in the port city of Xiamen, on the east coast of China, the Nova S portal reports.
Some tech bloggers say they are known as "Alibaba drones" because they have been available for sale for up to $15,000 on Chinese marketplace websites.

Jack Ma will cede control of Chinese fintech giant Ant Group, the company has announced, following a Communist Party crackdown on the nation's tech sector that targeted the charismatic billionaire.    

The Turkish Competition Authority on Oct. 11 decided to open an investigation into e-commerce firm Trendyol, backed by Chinese internet giant Alibaba, on whether the company violated the country's competition laws.

A preliminary inquiry over Trendyol's violating the country's law on the protection of the competition has been concluded, the competition board said in a statement.

Turkish e-commerce firm Trendyol, backed by Chinese internet giant Alibaba, said yesterday it had entered into agreements to raise $1.5 billion from a number of high-profile investors, valuing the company at $16.5 billion.

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That makes the company Turkey's first "decacorn," a word used for those companies over $10 billion, according to a written statement.

Ljubljana – The Slovenian central bank held a virtual debate on Thursday which heard that, although payments in the eurozone are still mostly done in cash, the increasing digitalisation forces banks to consider introducing the digital euro.

Serbian President Aleksandar Vucic has become a direct part of a campaign to attract tourists from China, with his photo on posters inviting Chinese people to visit Serbia, as a part of broader campaign of promoting Serbia in the country.

China will send more than 2 million protective masks to the European Union after Europe becomes the epicenter of the coronavirus pandemic. This was announced today by the President of the European Commission, Ursula von der Layen, quoted by France's press.

Chinese Prime Minister Li Kutsian told Von der Lien in a phone call about sending medical supplies, she announced on Twitter.

Visitors to China can now access the country's massive cashless economy, CNN reported. They will now be able to use mobile payments in mainland China, the largest company in the Alipay sector, owned by giant Alibaba, said on Tuesday.

The European Union is setting up a € 100 billion fund to invest in strategic industries where the community lags behind its global competitors. This is written by the British Financial Times, which has managed to get acquainted with the relevant EU documents.