Tag Archives: Alibaba Group Holding

Douyin, the Chinese version of TikTok, is competing against Meituan in food delivery and other segments of on-demand e-commerce in the country. Source link

The Chinese internet and artificial intelligence giant has struggled to eke out a profit from high-profile investments such as autonomous driving. Source link

The show of support from the Central Economic Work Conference comes month after the State Council pledged major new policy commitments to help the country’s digital economy. Source link

Alibaba said its Singles’ Day gross merchandise volume was in line with last year, while rival JD.com said its promotion this year achieved ‘record-breaking’ results. Source link

The Chinese tech billionaire settled with former University of Minnesota student Liu Jingyao a day before a jury trial in the United States. Source link

E-wallets operated by AlipayHK, the Philippines’ GCash, Touch ‘n Go in Malaysia and Thailand’s TrueMoney can now settle transactions at more than 120,000 merchants in South Korea. Source link

The e-commerce giant joins more than 150 Chinese companies that are now on the US Securities and Exchange Commission’s provisional line-up of firms up for delisting. Source link

The Chinese Basketball Association is demanding US$60.12 million in legal compensation from Bilibili for the unauthorised streaming of games during the league’s 2019-2020 season. Source link

The positive outlook reflects the current pace of recovery in those industries, as China braces for its lowest quarterly growth rate in more than two years this week. Source link

Mia.com’s move to trim operations and operate via WeChat’s platform reflect how the market has soured on specialist baby-and-mom shopping portals. Source link