20
Mar
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If Facebook's 19 billion dollar deal to buy WhatsApp didn't convince you that messaging apps are big business, then... well, this probably won't convince you either, but you'll be even more wrong. Tango Messenger, a solid entry in the crowded text chat market, has been given a huge investment by a group of companies including China's Alibaba.com. Alibaba invested a whopping $215 million, with an extra $65 million coming from previous Tango investors.

17
Sep
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In the last week, many tech-savvy westerners have gotten more familiar than they probably would have ever liked to with a Chinese company by the name of Alibaba. Most of those people still probably aren't aware just quite how huge the Hangzhou-based firm is.

Its net worth is somewhere in the neighborhood of $30-$40 billion. It employs over 25,000 people. Its campus is a piece of architecture worth appreciating on its own merits.