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e-commerce

Alibaba-controlled hypermarket operator Sun Art appoints new CEO amid restructuring and rising competition

by Anas Siddiqui
Alibaba-controlled hypermarket operator Sun Art appoints new CEO amid restructuring and rising competition

Sun Art Retail Group, controlled by Alibaba Group Holding, has appointed a new chief executive as the e-commerce giant continues to consolidate its retail assets amid a restructuring and rising …

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Alibaba’s Taobao cuts fees for merchants and subsidises content as it seeks to protect its market lead, reports say

by Anas Siddiqui
Alibaba’s Taobao cuts fees for merchants and subsidises content as it seeks to protect its market lead, reports say

Alibaba’s Taobao cuts fees for merchants and subsidises content as it seeks to protect its market lead, reports say Taobao, the main e-commerce platform of Alibaba Group Holding, has decided …

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SEO entrepreneur shares secrets to becoming a millionaire

by Edgar Davis
SEO entrepreneur shares secrets to becoming a millionaire

SEO entrepreneur Joe Davies is sharing nuggets of wisdom about how to become a millionaire — now that he’s lovin’ his career path. After years of working dead-end jobs, including …

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Alibaba’s logistics unit Cainiao to double year-end bonus for employees, in morale-boosting move after scrapped IPO

by Anas Siddiqui
Alibaba’s logistics unit Cainiao to double year-end bonus for employees, in morale-boosting move after scrapped IPO

Hangzhou-based Cainiao will launch an “entrepreneurship incentive plan” that will double the bonus pool allocated for the financial year ending March 31, 2025, according to company chief executive Wan Lin …

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ByteDance-owned Douyin launches stand-alone shopping app in China, heating up the competition against Alibaba, JD.com, PDD

by Anas Siddiqui
ByteDance-owned Douyin launches stand-alone shopping app in China, heating up the competition against Alibaba, JD.com, PDD

Douyin Mall was launched last week as a downloadable app for Android users in mainland China, the world’s largest smartphone market. An Apple iOS version of the app was not …

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Discount e-commerce giant PDD beats quarterly revenue estimates as Temu shines

by Anas Siddiqui
Discount e-commerce giant PDD beats quarterly revenue estimates as Temu shines

Discount e-commerce giant PDD Holdings beat estimates for fourth-quarter revenue, driven by robust user growth and sales at its global platform Temu. PDD on Wednesday reported revenue of 88.88 billion …

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Indonesian logistics giant J&T turns first profit in China, making up bulk of its revenue, despite price war

by Anas Siddiqui
Indonesian logistics giant J&T turns first profit in China, making up bulk of its revenue, despite price war

Indonesian logistics company J&T Global Express reported its first annual profit in China despite an escalating industry price war in its first earnings report since going public in Hong Kong …

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Alibaba suspends operations at LST platform as consolidation moves continue apace

by Anas Siddiqui
Alibaba suspends operations at LST platform as consolidation moves continue apace

The platform will continue to process orders that have already been placed as well as provide after-sale services, according to the LST message. Alibaba brings 5-day delivery to the US …

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Alibaba-backed Moonshot AI claims breakthrough in expanded Chinese-character prompt for Kimi chatbot

by Anas Siddiqui
Alibaba-backed Moonshot AI claims breakthrough in expanded Chinese-character prompt for Kimi chatbot

Chinese artificial intelligence company Moonshot AI claims that its Kimi chatbot can now handle up to 2 million Chinese characters in a single prompt – the instruction or query a …

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Chinese flying taxi maker EHang sells autonomous passenger drone for US$332,000 on Taobao as nation’s low-altitude economy takes off

by Anas Siddiqui
Chinese flying taxi maker EHang sells autonomous passenger drone for US2,000 on Taobao as nation’s low-altitude economy takes off

The ambitious domestic and international marketing campaigns show EHang’s confidence in generating strong market demand, months after its self-developed EH216-S became the world’s first recipient of a Type Certificate and …

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