Latest news with #HHO
South China Morning Post
01-04-2025
- Business
- South China Morning Post
Alibaba woos back DingTalk founder to lead office app's AI push
Advertisement Chen Hang, who created the app in 2015 and left Alibaba in 2021 to pursue his own venture, will return as the new DingTalk CEO. The news comes as Alibaba, which owns the South China Morning Post, plans to acquire a stake in Chen's Hangzhou-based start-up HHO, the representative said. HHO has raised at least two funding rounds since its launch, with backing from venture capital funds, including Vision Plus Capital, an investment firm started by Alibaba CEO Eddie Wu Yongming, according to Chinese corporate database Tianyancha. The leadership reshuffle was first reported by Chinese tech news outlet 36Kr on Monday. Ye Jun, the former CEO of DingTalk, will transition to a new role within Alibaba, according to 36Kr. He is currently working in Alibaba's CEO office, according to his DingTalk page. The changes highlight Alibaba's intensified focus on AI, as the Hangzhou-based firm seeks to capitalise on the global frenzy around generative AI models and specialised applications, an area of particular focus for the company. Advertisement DingTalk, with 700 million users as of the end of 2023, is seen as a key asset in Alibaba's AI strategy. The app generated more than US$200 million in annual recurring revenue – primarily from subscriptions – in the first half of the company's financial year, covering the six months through September.
BBC News
03-03-2025
- General
- BBC News
Hengistbury Head activity centre revived by community group
A water sports and activity centre that has been closed for five years is to be revived by a community Head Outdoor Activity Centre, on Christchurch Harbour, shut in March 2020 after the building was deemed unsafe for public facility, which was primarily used for water sports, previously handled more than 15,000 activity sessions a was brought back into direct ownership by BCP Council in 2021 and has now been leased to community group Hengistbury Head Outdoors (HHO). The group was set up as a charitable community benefit society in 2023 and the centre is already being used by community has now been granted a 99-year lease through a Community Asset Transfer, and aims to redevelop the centre into a modern, more accessible facility by January lease means it can benefit from a government grant of almost £670,000 from the Department of Housing, Communities and Local Government (DCLG) towards refurbishments and repairs - on the condition it can raise a further £155, money must also be spent by December, and work has already begun on the waterfront, grounds and facilities required for the centre to reopen safely. BCP deputy leader Mike Cox said: "This is a wonderful outcome for Hengistbury Head Outdoor Activity Centre. "It's an example of true community working that we look to see more of in the future."Our teams will continue to support the charity where required, assisting them in making this project the success it deserves to be."HHO founding director Bill Howlett said: "It has truly been a partnership by all those involved, and a credit to the community spirit that HHO is intending to deliver. "We are excited to begin the journey to reopen the centre for community use." You can follow BBC Dorset on Facebook, X, or Instagram.
