Called the 'Traveller', Kuangchi's giant, one tonne helium balloon will float in near space, 20 to 100 kilometres above the earth where commercial airliners fly but below orbiting satellites.
China Mobile, the country's leading mobile phone and data serivces provider, may soon launch a new real-time messaging solution to challenge Tencent’s WeChat service.
Alibaba's billionaire chairman Jack Ma Yun has told his 20,000 employees that this is the "most critical moment" in the Chinese e-commerce giant's 15-year history.
The controversy-hit Alibaba Group announced it would set up a HK$1 billion fund to support young Hong Kong entrepreneurs to start and grow their businesses on its platforms.