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Amazon Takes On Temu With New ‘Haul’ Store, Just In Time For Holidays

Amazon is making a strategic move into ultra-low-cost shopping just as holiday spending kicks into high gear. The retail giant announced today the beta...

How Singles’ Day in China evolved into one of the world’s largest shopping event – Times of India

Pedestrians walk near an advertisement promoting the sales festival in Beijing. (Picture credit: AP) While the Western world is gearing up for Black...

Tencent Cloud Commits $500 Million for Infrastructure Development in Indonesia by 2030

GoTo Group, Tencent Holdings (TCEHY, Financials), and Alibaba's (BABA, Financials) Cloud division have signed agreements to strengthen cloud infrastructure and...

China’s shopping spree in spotlight as spending flags – Latest News

BEIJING China's largest online shopping...

China’s ‘Singles Day’ shopping spree in spotlight as spending flags

China's largest online shopping bonanza wraps up on Monday, with analysts and investors watching for signs that consumption is rebounding...

The Singles’ Day shopping festival loses its shine under China’s lagging economy

HONG KONG (AP) — Merchants and consumers alike found the Singles' Day shopping festival Monday less shiny than in years...

Alibaba’s global commerce unit launches new translation-focused AI model

“Macro MT will seamlessly integrate into Alibaba International’s overarching business strategies, fortifying the operational backbone of our diverse cross-border e-commerce platforms such as AliExpress,...

Alibaba prepares US$5.7 billion war chest for Singles’ Day merchants

Alibaba Group Holding has earmarked at least 40 billion yuan (US$5.7 billion) worth of resources to help merchants on Taobao and Tmall during the...

The Google of Web3? Ant’s Zan blockchain plans to make it happen

Ant Digital Technologies, a subsidiary of the Chinese fintech giant Ant Group, wants its new Hong Kong blockchain venture Zan to become a major...

Can China’s Tech Giants Do Without Consumers?

Earnings reports from Chinese tech companies last week should be a wake-up call for Beijing. Alibaba Group Holding Ltd. and JD.com Inc. pulled out all...

Alibaba’s AI-powered Olympic Activation Attracted 2,000 Visitors a Day

PARIS — Alibaba, a partner of the Olympics since 2017, is used to being behind the scenes, supporting the sporting event with cloud technology...

Retailing pioneer adds reinvented MDL Wholesale to IPO shopping list – Bamboo Works – Where China Stocks meet global investors

The provider of wholesaling services for retailers has filed to list in Hong Kong, but its heavy reliance on parent company Wumart Group has...

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