Friday, 02 September 2016
Alibaba Cloud has entered a partnership to help drive technology innovations in Singapore; in Europe, Sainsbury’s hands over 281 pharmacies, and Spanish chain Mercadona opens in the Basque region. Over in the US, Walmart cuts 7,000 jobs to improve customer service. Have a great day, and if you enjoy this edition, please share.
Alibaba Cloud helps start-ups The Chinese e-commerce giant, in partnership with Infocomm Investments, plans to stimulate technology innovations in Singapore by using its cloud computing services in conjunction with Infocomm’s existing start-up initiatives.
Xiaomi launches mobile payment Following on the heels of Samsung and Apple, the Chinese smartphone company has launched its own mobile payment service. ‘Mi Pay’ is supported by 20 domestic banks, including the Bank of China, for debit and credit cards.
Mercadona opens in Eibar The family owned Spanish supermarket chain has invested EUR 3.4 million to open a new store in Eibar, Spain, which will provide stable employment for 40 people and incorporate environmentally friendly and energy-saving principles.