Earlier, Williams delivered a speech in which he said, "It's better to take preventative measures than to wait for disaster to unfold."The Fedread more
The country's Revolutionary Guards say they will soon releasePoliticsread more
Regional stability, oil prices and potential for war will all depend on what Iran does with its nuclear program in the event of the deal's termination.World Politicsread more
Boeing will take a nearly $5 billion charge in the second quarter to compensate 737 Max customers as the planes remain grounded.Airlinesread more
Market researcher James Bianco believes it's crucial to get a half point cut at the next Federal Reserve meeting.Trading Nationread more
The base version of the sports car will punch out 495 horsepower, 40 more than the seventh-generation car and enough to launch it from 0 to 60 in "less than three seconds"...Autosread more
President Trump said he's looking at the JEDI contract that will be awarded to Microsoft or Amazon.Technologyread more
Taiwanese President Tsai Ing-wen is expected to stop over in the U.S. on Friday on her way back from visiting diplomatic allies in the Caribbean, a move that's sure to make...China Politicsread more
Animation fans and Kyoto residents gathered at the site of Japan's worst mass killing in 18 years on Friday, offering flowers and prayers for the 33 people who died in an...Asia Newsread more
Libra and bitcoin are different in a lot of ways, from the technology behind them to the way they're used.Technologyread more
Microsoft beat on top and bottom lines, and guidance was just ahead of expectations, but the company's Azure growth is slowing down.Technologyread more
The machine stands about five-storeys tall and contains 42 cars, of various models, including the Ford Explorer SUV and Mustang.
Alibaba said users of Tmall, Alibaba's flagship online shopping platform, with good credit scores can buy a car from the machine, without any human help, in under 10 minutes.
They simply select a model on Alibaba's Taobao mobile app, have their face scanned by the app, and when they arrive at the machine, it will verify their identities before the vehicle is delivered.
More from the South China Morning Post :
China needs more water. So it's building a rain-making network three times the size of Spain
Archaeologists confident they have found body of fabled Chinese warlord Cao Cao
How agents are helping investors buy into initial coin offerings, despite their ban in China
The vending machine will be open to the public from Monday to April 23. Buyers will be given a 3-day test drive before they have to commit to any purchase. Similar machines are being planned in Beijing and Hangzhou.
"Sign up is completely mobile on the Tmall or Taobao mobile APP," said Gu Wanguo, general manager of vehicles at Tmall Auto.
"Once a Ford vehicle is chosen, consumers snap a selfie to ensure they are only person who can take the car, put down a deposit electronically, and schedule a pickup time, all from within the app," he added. At Guangzhou's machine, buyers can also take out one other car if they are not satisfied with their selections.
Ford and Alibaba signed a three-year collaboration partnership last December, allowing the US car maker various new retail opportunities, from pre-sales, test drives and leasing options, through Tmall.
The e-commerce giant is no stranger to selling cars online and via mobile apps. In 2016, Maserati sold 100 cars in 18 seconds during a flash sale on Tmall.
Online car-buying has been gaining traction in recent years, with electric carmaker Tesla pioneering direct sales straight from the internet.
Alibaba owns South China Morning Post.