Alibaba

This move comes after the firm’s net income in the fourth quarter of last year decreased by 42.9% year-on-year.

Automation technologies seen as key to reducing dependence on US tech.

Fenfu will allow users to acquire goods and repay the bill at a later date.

Pinduoduo employees have reported a ban from Alibaba to use Taobao’s Juhuasuan, while Alibaba says that it will not allow violation of the platform’s terms.

According to one industry ranking, OceanBase beats Oracle in terms of performance.

The China e-commerce giant is said to have devoted at least USD 800 million in sponsorship for the Olympic Games.

Last Sunday, on average, theaters in China had less than one person for each screened movie.

The coronavirus pandemic has forced many fashion events around the world to cancel.