InsightsChina ‘second-generation’ internet entrepreneurs take helmJack Ma’s retirement marks a new era for the country’s innovators. 4 mins read
Ant Group’s shares will be ready for public trading in Shanghai and Hong Kong next week. NewsKEY STAT | Ant Group sets prices to raise USD 34.5 billion in the world’s biggest dual IPO2 mins read
The move comes months after Alibaba announced a USD 1.5 billion investment plan to strengthen the AI and Internet-of-Things (AIoT) ecosystem around its smart speaker Tmall Genie. NewsAlibaba opens its conversational AI tech, expanding its use beyond smart speakers2 mins read
Alibaba is subscribing for a fifth of the available Ant shares in the IPO, that could raise as much as USD 35 billion. NewsKEY STAT | Ant Group posts 74% year-on-year profit increase ahead of mega IPO1 min read
Tencent’s Pony Ma registers the biggest personal wealth increase among all the names on the rich list. NewsKEY STAT | Alibaba’s Jack Ma retains title of richest man in China for the third year1 min read
Billion-dollar startups thrive in city where talent and experience mix. InsightsHangzhou, China: Where Alibaba alumni and unicorns play3 mins read
Following this round, the company plans to expand its 24-hour medicine delivery service to more cities in China. NewsOn-demand drug delivery firm Dingdang Kuaiyao raises USD 150 million in Series B+ from SoftBank, others2 mins read
The standalone shopping channel is a strategic move by Baidu which is ramping up e-commerce capabilities in its mobile ecosystem. NewsBaidu launches in-app shopping channel in latest e-commerce move2 mins read
Capitalizing on the platform’s 683 million customers, the store sold over 100,000 items within two days of its launch. NewsIndonesia launches national store on Pinduoduo2 mins read