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

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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...
Jobs

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

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

Can China’s Tech Giants Do Without Consumers?

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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...
Shopping

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

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

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

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

China’s 618 shopping event brought in sales, but perhaps not profits

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China’s second-biggest online...
Shopping

Midyear shopping fest flop clouds China’s retail outlook

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Retailers in China confront...
Shopping

Chinese e-commerce sales up 14% for 618 shopping festival, report says

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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...
Shopping

Alibaba’s pro tip to CEOs: live-stream on Taobao to engage consumers

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Alibaba Group Holding is pushing CEOs to live-stream on its domestic e-commerce platform Taobao, as the tech giant ramps up efforts to win back...
Jobs

Byte-Sized AI: LVMH’s Extended Partnership With Alibaba, Google’s New AI Tools for Marketing

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Byte-Sized AI is a bi-weekly column that covers all things artificial intelligence—from startup funding, to newly inked partnerships, to just-launched, AI-powered capabilities from major retailers, software...
Shopping

Alibaba touts 618 shopping festival sales, a sign of brighter outlook

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Alibaba Group Holding and other e-commerce operators have released encouraging early sales data from their midyear 618 promotions – China’s biggest shopping season after...
Jobs

China’s Zhipu commits to AI safety in Seoul with 15 others

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Sixteen companies at the forefront of developing artificial intelligence pledged on Tuesday at a global meeting to develop the technology safely at a time...
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