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CEOWORLD magazine - Latest - Education and Career - Alibaba $65 Set-Top Box Wasu Rainbow, Goes On Sale In China

Education and Career

Alibaba $65 Set-Top Box Wasu Rainbow, Goes On Sale In China

The largest e-commerce company in China Alibaba-powered set-top box “Wasu Rainbow,” targeted at budget conscious households, goes on sale in China for $65. It is retailing at CNY298 ($49) for a limited period, a discount of CNY100 ($16) from the usual price of CNY398 ($65).

It runs on a Linux operating system and stream content such as TV shows and movies to mobile devices — connect TVs to the Internet and provide a host of Alibaba services.

>> Box Wasu Rainbow

Features may include such as online shopping and paying pills directly through the device, via Alibaba’s existing service Alipay.

The Wasu Rainbow, developed by Chinese digital TV company Wasu Media Holding, has gone on sale today on daily deals site Juhuasuan.

The cooperation between Chinese e-commerce giant, Alibaba, and Wasu Media could generate a competitive edge as Alibaba has a wide user base and Wasu Media has a comprehensive supply of content for digital television.

Wasu Media is one of the first companies to receive an Internet TV license from the government.

Chinese e-commerce conglomerate Alibaba Group has been diversifying a lot in the past year – and is keen to be a lot more social. A few months ago the company invested $586 million in Sina Weibo, China’s hottest social network.

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CEOWORLD magazine - Latest - Education and Career - Alibaba $65 Set-Top Box Wasu Rainbow, Goes On Sale In China
Prof. Dr. Amarendra Bhushan Dhiraj
Prof. Dr. Amarendra Bhushan Dhiraj is a publishing executive and economist who is the CEO and editor-in-chief of The CEOWORLD magazine, one of the world’s most influential and recognized global news publications. Additionally, he serves as the chair of the advisory board for the CEOWORLD magazine. He received his Ph.D. in Finance and Banking from the European Global School, Paris, France. He earned his Doctoral Degree in Chartered Accountancy from the European International University Paris, France, and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine. Dr. Amarendra also holds a Master of Business Administration degree in International Relations and Affairs from the American University of Athens, Alabama, United States.


Prof. Dr. Amarendra Bhushan Dhiraj is CEO and editor-in-chief of CEOWORLD magazine. You can follow him on LinkedIn, Facebook, Twitter.