NewsLuckin Coffee tops USD 4 billion valuation in US IPOThe fresh funds will boost Luckin’s ambitions to surpass Starbucks in China. 2 mins read
The complaints concern AliExpress’ return and dispute resolution policies. NewsAlibaba’s AliExpress criticized by European consumer bodies1 min read
Small shops have a new channel to reach more than 100 million potential customers. NewsAlibaba’s map app rolls out listings for mom-and-pop shops1 min read
This follows reports in April that the company canceled basic salaries and benefits for couriers in the wake of huge losses. NewsJD Logistics plans hiring spree ahead of June festivities1 min read
Payment and ad revenue grew significantly as Tencent reduces its dependency on games. NewsTencent debuts new business segment in push towards revenue diversification2 mins read
The two companies will cooperate on selling furniture and home products online as well as on revitalizing department stores and shopping malls. NewsAlibaba hones in on home goods sector with USD 633 million investment1 min read
The short video app had 188 million downloads in Q1 2019, slightly ahead of Facebook. NewsTikTok pips Facebook in India and becomes world’s most downloaded social app in Q1 20191 min read
Alibaba is a powerful platform to tap into rising demand from China. NewsMarriott earnings spotlights Alibaba partnership1 min read
It’s a promising trend ahead of the 2020 Tokyo Olympics. NewsAlipay now serves over 300,000 merchants in Japan1 min read
