Apple allows Alipay in its app eco-system as it strengthens its foothold in China

Apple’s strategy is aimed at strengthening bonds with local Chinese suppliers and government bodies. Despite facing strong headwinds from China’s business practices, Apple is pushing to make headway with its CEO visiting the country frequently in recent times. With Apple Inc pushing to make headway in China, the world’s second largest economy, it boosted its…

GM seeks U.S. govt approval for deploying fully autonomous car in 2019

GM’s interest in fully automated autonomous cars comes from the fact that “several hundred thousands of dollars” can be generated in revenue from the lifetime of one in comparison to an average $30,000 for one of its traditional vehicles. Executives from General Motors Co disclosed that the automaker is seeking approval from the U.S. government…

Alibaba Group Holding expands its Southeast Asian footprint by partnering with Singapore-based Lazada Group

With the emerging e-commerce boom tapping only a fraction of retail brick and mortar sales, the vast potential for e-commerce has made Southeast Asia a battle ground for the world’s top online sellers, who are rapidly expanding their footprint in order to corner more marketshare. In a movie that marks the expansion of partnership between…

Amazon launches Spark – a Social Media app for iOS powered devices

Spark is being seen as a cross between Pinterest and Instagram with a bent for e-commerce. In a significant development, Amazon.com has forayed into the social media with the launch of Spark, a platform currently available only to Prime members, wherein they can upload photos and videos much like other popular social media platforms, including…

Mobile shopping touches $1.2 billion in Black Friday sales

For the first time, shoppers took to their smartphones to snag exclusively deals from retailers such as, Amazon, Walmart and Target. If you shopped on your smartphone during this holiday shopping season, it turns out, you are one among those trend setter who have increasingly adopted their smartphones for their shopping spree. According to Adobe,…