NewsAlibaba’s USD 2 billion acquisition of NetEase’s cross-border e-commerce site is off, reports sayNetEase believes Kaola was “undervalued.” 2 mins read
In China, 50 billion parcels are delivered annually, causing a mountain of wasted cardboard boxes. NewsAlibaba’s logistics arm Cainiao and China’s 5 major courier services try to put an end to packaging waste2 mins read
The conglomerate’s revenue has grown by 42% year-on-year. NewsAlibaba quarterly revenue beats estimates, with fastest growth in cloud computing business1 min read
From farm to pantry. NewsAlibaba starts 50-day promotion to sell 1 billion groceries, following Pinduoduo’s move1 min read
Behind this cooperation is AliExpress’ sales growth in 2018. NewsAlibaba’s cross-border e-commerce platform AliExpress allies with search engine Naver to boost sales to South Korean consumers1 min read
Tech firms are up in arms to combat internal corruption. NewsBaidu, Alibaba, and Tencent’s war on corruption2 mins read
Alibaba and Tencent utilize troves of data to offer fresh lending. InsightsChina’s mobile banks offer 1-second loan decisions in farmland4 mins read
India’s mobile gaming is expected to reach USD 1.1 billion by 2020. NewsAlibaba and Paytm backed gaming venture to raise USD 25 million as Indian mobile gaming market grows2 mins read
Users beware. NewsAnt Financial-backed Hello Chuxing confirms its hitchhiking platform has been used for fraud2 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
