Alibaba

Founders of Chinese tech giants are relinquishing the CEO title in favor of strategic roles behind the scenes. 

Tech giants from JD.com to Alibaba ramp up expansion in fast-growing field.

The robust performance was mainly driven by the rapid increase in online sales of medicines and healthcare products.

Kuaishou is onboarding international vendors mainly offering cosmetics, skincare products, food, watches, and luxuries.

The group’s retail business, which targets price-sensitive buyers, is struggling to make money amid fierce competition in the sector.

While Tencent has enjoyed a more harmonious relationship with Chinese regulators compared to Alibaba, the company’s outsized presence in gaming and social media has raised monopoly concerns.

The practice of overstating promotions has long been a common way to attract attention to delivery platforms.

Masan-controlled VinCommerce will gain the right to sell its groceries on Lazada Vietnam.