NewsAlibaba logistics arm Cainiao gears up for Hong Kong IPOThe move comes as the Chinese tech giant divides into six units in a historic overhaul. 3 mins read
Shein is facing challenges from tariffs, competition, declining revenue growth and user data, and a stricter quality control mechanism for suppliers. NewsShein’s Growth Threatened by Multiple Challenges2 mins read
ByteDance, the parent company of TikTok, is set to report profits of USD 25 billion this year, an increase of almost 80%. NewsByteDance’s Profits Soar 80%, Surpassing Alibaba and Tencent for the First Time2 mins read
Xiaomi’s ambitious vow to establish itself as a high-end international brand led to its success in 2019, but it is also leading to its downfall in 2023. InsightsThree Key Issues Plaguing Xiaomi in 20235 mins read
Chinese tech giant invests $20m to upgrade research facility for enterprise clients. NewsHuawei steps up ASEAN foray with Singapore lab revamp2 mins read
Chinese gaming giant says will not rush own ChatGPT-style chatbot. NewsTencent taps AI technology amid first annual revenue drop4 mins read
By forming partnerships with local wallets instead of competing against them, Ant Group’s Alipay+ connects consumers and businesses across the globe. InsightsAnt Group’s Alipay+ bridges connections between local wallets and cross-border businesses6 mins read
The Chinese tech company would be unable to access any American chips. NewsHuawei’s rebirth as cloud provider faces total U.S. export ban threat4 mins read
Chinese e-commerce group posts first net income growth since 2020 after cutting costs. NewsAlibaba CEO shuns low-price competition as profit roars back3 mins read