NewsKEY STAT | AutoX sends China’s first driverless robotaxis on the roadIn August, Alibaba-backed AutoX opened a robotaxi ride-hailing service in Shanghai. 1 min read
The tensions between the two countries and the Luckin Coffee accounting scandal pushed the US regulator to move forward and impose new rules. NewsUS approves delisting bill targeting Chinese companies2 mins read
The Hangzhou-based internet giant also owns a minority stake in the Netease Cloud Music service. NewsAlibaba’s music streaming app Xiami is said to be shutdown2 mins read
China’s grocery group-buying sector is gaining steam as the pandemic is boosting demand. NewsKEY STAT | Social e-commerce startup Nice Tuan closes its fourth fundraising round in 20201 min read
Five of the ten richest females in China are from the real estate industry. NewsKEY STAT | Alibaba and Ant shareholder Lucy Peng is back on the list of China’s richest female entrepreneurs1 min read
Around 84% of the revenue was generated from direct sales of medicine and healthcare products. NewsKEY STAT | AliHealth turns profitable after strong revenue growth1 min read
As e-commerce platforms reshape Singles’ Day, shoppers exhibit new behaviors in the world’s largest online shopping market. Insights5 key trends in China’s e-commerce sector in 20204 mins read
China is willing to work with other countries to seize the historical opportunities of the information revolution: President Xi. NewsEvolving regulations improve growth and sustainable development, Alibaba CEO says2 mins read
Xunxi factory, or Rhino Smart Manufacturing, was officially unveiled in September after three years of trial runs. InsightsA look inside Alibaba’s smart factory that gives micro merchants fast-fashion speed4 mins read
NewsDeals in brief: Pi-xcels raises USD 2.7 million, Vynn Capital backs MediSun Energy, Gobi Partners teams up with Cross Capital, and more