Shares of RoboSense Technology, a Chinese maker of sensors for self-driving cars, fell on their Hong Kong trading debut on Friday after the company made the city’s first initial public …
New “refund only” policies introduced by Chinese e-commerce players including Alibaba Group Holding’s Taobao and JD.com have sparked concern among some sellers about potential abuse of the terms, according to …
Douyin, the Chinese version of TikTok that is betting big on e-commerce, has made its “express refund” policy mandatory, forcing merchants to immediately return money to consumers upon request to …
By Reuters Published Jan 1, 2024 Chinese online retailer JD.com said on Friday that it won a lawsuit against rival Alibaba, which was fined 1 billion yuan ($140.68 million) for …
China’s central bank has agreed that Ant Group’s mobile payment app Alipay has no controller, a crucial step in the fintech giant’s overhaul deemed necessary to put its much-anticipated initial …
Hong Kong stocks rose for a second day to a three-week high. led by gains in top Chinese technology leaders and electric-car makers. Foreign investors bought onshore-listed shares by the …
ByteDance’s sales surged in 2023 to more than US$110 billion, according to people familiar with the matter, potentially overtaking arch-foe Tencent Holdings in a sign TikTok’s fledgling e-commerce business is …
Alibaba Group Holding is pushing millennials, typically defined as those born in the early 1980s to mid-1990s, to take key roles in the country’s largest online market, as the Hangzhou-based …
A shift in Chinese retailers’ strategy toward lower-priced goods and services to win cost-conscious consumers risks embedding the country’s recent deflationary trends more permanently into the world’s second-largest economy. Reuters …
Alibaba Group Holding is reshuffling the top ranks of its most important profit earner since its sweeping restructuring started over half a year ago, as it tries to regroup after …