NewsAlibaba is the second most valuable retail brand worldwide, following AmazonWhere do you shop? 1 min read
Its offerings are rooted in animation, comics, and games. NewsAlibaba-backed Bilibili sees sixfold increase in e-commerce revenue and healthy user growth, but widening losses1 min read
Ant Financial, Xiaomi, and the world’s largest battery maker CATL are among Yunfeng’s investments. NewsChinese retailer Suning and Jack Ma’s Yunfeng Capital form USD 2.5 billion private equity fund1 min read
But global industry leaders are locked out of the lucrative Chinese market. NewsChinese smart speaker apps saw 822% hike in installations last year1 min read
About 40% of merchants in areas frequented by Chinese tourists accepted Chinese mobile payments in 2018. NewsTmall International sees sky-high jump in tourism and sales over May holiday1 min read
The big retailer began lagging behind in its digital transformation after founder Huang Guangyu was sentenced to 14 years in prison in 2010 NewsGome, once China’s largest retailer, opens a store on Alibaba’s Tmall2 mins read
Litigation has lasted for four years. NewsAlibaba settles a federal securities class action lawsuit with USD 250 million2 mins read
The company is gradually trimming delivery lead times to Europe. NewsAlibaba deepens roots in Europe with a new partner in France1 min read
Aquatic products including golden scallops and clams sold in Alibaba’s Hema fresh produce stores in Guangzhou were contaminated with chloramphenicol, a broad-spectrum antibiotic, reported ChinesNewsAntibiotics found in aquatic produce in Alibaba’s Hema stores1 min 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
