Scalper1 News
China e-shopping empire Alibaba Group (BABA) recently formed an automotive unit and a ‘smart living’ division as it strives to develop China’s first Internet-connected car and boost its cloud computing, hardware and Big Data operations. In March, No. 1 Chinese auto maker SAIC Motor announced that it would invest 1 billion yuan, or $160 million, in a joint venture with China e-commerce leader Alibaba to develop Web-connected cars. The move Scalper1 News
Scalper1 News