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PDD Holdings

Alibaba’s South Asian platform Daraz names new CEO in latest executive reshuffling at the Chinese e-commerce giant

by Walter Watson
Alibaba’s South Asian platform Daraz names new CEO in latest executive reshuffling at the Chinese e-commerce giant

Daraz Group, a South Asian online shopping platform owned by Alibaba Group Holding, has named a new chief executive, amid continued leadership reshuffling at the Chinese e-commerce giant. James Dong, …

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Alibaba, TikTok woo US with AI and live-streaming e-commerce at CES trade show, setting the tone for 2024

by Walter Watson
Alibaba, TikTok woo US with AI and live-streaming e-commerce at CES trade show, setting the tone for 2024

“With advances in AI, we are ushering in the next generation of sourcing and empowering small businesses to succeed with our Smart Assistant at their side,” Chris Lu, general manager …

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China price wars help spark US$157 billion rout in mainland consumer stocks, as firms including Alibaba, Yum China and BYD drag the market

by Anas Siddiqui
China price wars help spark US7 billion rout in mainland consumer stocks, as firms including Alibaba, Yum China and BYD drag the market

Gauges of consumer stocks have been the worst performers on the MSCI China Index since the end of September, after the real estate measure. The aggregate market value of companies …

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Chinese e-commerce firms JD.com and Alibaba’s Taobao roll out ‘refund only’ policy to shoppers, heating up rivalry with budget retailer Pinduoduo

by Anas Siddiqui
Chinese e-commerce firms JD.com and Alibaba’s Taobao roll out ‘refund only’ policy to shoppers, heating up rivalry with budget retailer Pinduoduo

Cutthroat competition in China’s vast e-commerce sector is poised to escalate, as leading shopping platforms JD.com and Alibaba Group Holding’s Taobao offer a “refund only” policy so consumers can keep …

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Latest Alibaba leadership reshuffle set to make China’s largest e-commerce market more tech-focused, analysts say

by Anas Siddiqui
Latest Alibaba leadership reshuffle set to make China’s largest e-commerce market more tech-focused, analysts say

Alibaba Group Holding’s decision to put its e-commerce and cloud units under a single chief executive is set to make China’s largest online market more technology-driven and consumer-oriented as it …

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Alibaba pushes new AI software tool to help merchants on its wholesale platform manage overseas clients, polish business emails

by Anas Siddiqui
Alibaba pushes new AI software tool to help merchants on its wholesale platform manage overseas clients, polish business emails

Alibaba.com, the international business-to-business wholesale marketplace of Alibaba Group Holding, expects the roll-out of a new artificial intelligence (AI) tool to help the platform’s merchants automate their client-facing operations, including …

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Xi Jinping champions digital trade as China kicks off global e-commerce expo to further Silk Road ambitions

by Anas Siddiqui
Xi Jinping champions digital trade as China kicks off global e-commerce expo to further Silk Road ambitions

China showcased its ambitions and capabilities in shaping the future of global digital trade as it kicked off a major digital trade expo on Wednesday, promoting some of its most …

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Pinduoduo says Chinese consumers show more ‘rational’ buying behaviour during its Singles’ Day sales promotion as sales jump

by Anas Siddiqui
Pinduoduo says Chinese consumers show more ‘rational’ buying behaviour during its Singles’ Day sales promotion as sales jump

Pinduoduo, the bargain e-commerce app operated by PDD Holdings, is enticing China’s cost-conscious consumers with steep price subsidies during this year’s Singles’ Day shopping festival, as it reported a year-on-year …

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