Alibaba

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.

A seized skyscraper in Beijing was auctioned for $ 734 million.

The impressive 40-story, modernist dragon-shaped building is located next to the Bird's Nest National Olympic Stadium in the Chinese capital.

China's online giant Alibaba can acquire part of the German Metro trade chain operations on the Chinese market. This is what unnamed sources of Reuters say.

Several large Chinese companies, including tech giant Alibaba, are actively looking at opportunities in Turkey and have met with Turkish firms after the lira's sell-off has made local assets cheaper, sources familiar with the talks said.

€ 10 million will be invested in Bulgaria by the Chinese electric car maker Cenntro Automotive Corporation and Luxembourg-based SEVIC eMobility, SEVIC Director of Business Development Emil Yankov told SeeNews. The companies will build a plant for the production of electric cars in Trakia Economic Zone near Plovdiv. It is planned to employ between 250 and 300 employees to work there.

Alibaba co-founder Jack Ma announced on Sept. 10 he would step down as head of the pioneering Chinese e-commerce giant in one year, a departure already drawing comparisons to the retirement of late Apple founder Steve Jobs.

Alibaba co-founder and chief Jack Ma announced he will leave from the Chinese e-commerce giant Monday to devote his time to philanthropy focused on education.

Ma was an English teacher before starting Alibaba in 1999 and built it into a multibillion-dollar internet colossus.

China's food supply company Ele.me, owned by Alibaba, was authorized by the authorities to provide 17-droned shipments at Jinshan Industrial Park in Shanghai.

The approved routes cover about 58 sq. Km. Of the industrial park, Bloomberg TV Bulgaria reports.