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Alibaba reduces stake in GoGoX amid Hong Kong logistics services firm’s mounting losses, as it faces cutthroat competition on the mainland

by Anas Siddiqui
Alibaba reduces stake in GoGoX amid Hong Kong logistics services firm’s mounting losses, as it faces cutthroat competition on the mainland

Alibaba, which owns the South China Morning Post, has cut its GoGoX stake four times over the past two months, slashing its equity holding to 8.89 per cent as of …

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Chinese tech IPOs to watch in 2024: global fast-fashion online retailer Shein leads the pack

by Anas Siddiqui
Chinese tech IPOs to watch in 2024: global fast-fashion online retailer Shein leads the pack

People shop at Shein’s holiday pop-up store inside the Forever 21 branch at Times Square in New York City on November 10, 2023. Photo: Reuters “China’s tech companies face strong …

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