Lazada, the Southeast Asian online shopping platform of Alibaba Group Holding, has achieved a monthly profit for the first time, according to an internal announcement. In an announcement during the …
PARIS — Alibaba, a partner of the Olympics since 2017, is used to being behind the scenes, supporting the sporting event with cloud technology and media digitization. But for the …
By Bloomberg Published Aug 7, 2024 Coupang Inc posted its first loss in two years, after the acquisition of unprofitable Farfetch Holdings Plc and a government regulatory fine offset strong …
China’s dominance in the first half builds on a trend. In 2022, the aggregate volume of clean energy deals in China reached US$12 billion, surpassing the US at US$11.6 billion. …
Alibaba Group Holding’s annual global maths contest finished on Saturday with all eyes on a 17-year-old vocational school student who has bested hundreds of competitors from prestigious universities such as …
Douyin, the Chinese version of TikTok, led all other platforms with a 26.2 per cent surge in GMV, followed by Pinduoduo’s 17.7 per cent and Kuaishou’s 16.1 per cent. Alibaba …
Last month, Pinduoduo (PDD) reported surprisingly strong first-quarter results, with group revenue reaching 86.81 billion yuan (US$12 billion), exceeding Wall Street analysts’ estimate of 75.66 billion yuan. Net profit also …
For China, the UAE might be coming ahead of its relations with Iran. China-Iran relations have seen major progress in the recent years, with Beijing pledging investments and trade growth. …
Getty Images Masayoshi Son, CEO, SoftBank Group Synopsis SoftBank’s Masayoshi Son is seen as a maverick. It is precisely this quality that has helped him get through when the times …
Shen, 56, retired from that role owing to “other business commitments”, and there is no disagreement between him and the Beijing-based company’s board, according to Meituan’s filing to the Hong …