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Chinese internet giant Alibaba looks to scoop up global talent in $15 billion R&D expansion

Reema Khrais Oct 16, 2017
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Chinese internet giant Alibaba looks to scoop up global talent in $15 billion R&D expansion

Reema Khrais Oct 16, 2017
HTML EMBED:
COPY

Chinese internet giant Alibaba is taking a big step toward competing globally. It plans to more than double spending on research and development to $15 billion over the next three years, and will open labs in seven cities around the world, including in Russia, Singapore and in the U.S. But can its dominance of the Chinese market translate into international success?

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