NewsAlibaba’s affiliates invest USD 1 billion in China’s major physical examination platform Meinian HealthcareA move in line with Alibaba’s Double H strategy. 2 mins read
The 2012 founded company has reported a 76% jump in total revenue to USD 143.5 million in financial year 2019. NewsWarburg Pincus-backed Indian logistics firm Ecom Express sets to raise USD 70.5 million2 mins read
Nearly one-fifth of the job postings in this city are looking for skilled technologists. NewsAlibaba’s home Hangzhou wants to become the new Chinese hub for tech workers2 mins read
Only 5% of China’s online education businesses for pre-college students are profitable, according to one estimate. InsightsNetEase e-learning unit slashes New York IPO target to avoid fate of rival Chinese online education platforms4 mins read
More than 200,000 brands will be taking part in the shopping extravaganza and over 1 million new products will be on sale. NewsAlibaba sets sight on attracting 500 million global customers to shop online on 2019 Singles’ Day this November 112 mins read
Innovation and capital are flooding forth on either side of the Pacific Ocean. NewsChina outnumbers US in startups with billion-dollar valuations1 min read
The platform now wants to reframe itself as a marketplace for branded merchandise. NewsPinduoduo surpasses JD.com on GMV two years earlier than planned, says founder Huang (updated)3 mins read
Riding with strangers still presents risks and dangers. NewsWoman robbed by driver using Ant Financial-backed Hello-Chuxing’s hitchhiking platform2 mins read
The target is to maintain 10 million daily active users by the year’s end. NewsQutoutiao’s free novel platform Midu raises USD 100 million in Series B amid suspension1 min read
