China’s SAIC Motor, Alibaba to invest $160 million in Internet-connected cars
A woman walks past the gate of SAIC Motor Corporation Limited in Shanghai January 26, 2013.
A woman walks past the gate of SAIC Motor Corporation Limited in Shanghai January 26, 2013.
Apple watches are displayed following an Apple event in San Francisco, California March 9, 2015.
Customers use computers at an internet cafe in Hefei, Anhui province in this file photo taken on March 16, 2012.
NEW YORK (Reuters) – Alibaba Group’s surprise revenue miss sent shares plunging on Thursday, but some investors say their enthusiasm for the Chinese e-commerce giant has not cooled given its long-term potential.
Visitors use their smarts phones underneath the logo of Tencent at the Global Mobile Internet Conference in Beijing May 6, 2014.
The Netflix logo is shown in this illustration photograph in Encinitas, California in this October 14, 2014 file photo.