China

China’s tech giants feel the chill of a tighter regulatory environment.

TME consolidated its content library during the quarter by forming partnerships with labels including Merlin, Peermusic, and Kobalt.

Alibaba’s Double 11 has become bigger and more accepted in Southeast Asia, says one expert.

First sales data shows that JD.com is already closing in on its 2019 record.

86% of online shoppers in China plan to spend the same, if not more than they did in last year’s sales event.

Didi’s social group-buying service was initially launched as a standalone WeChat mini-program in June.

Taobao and Tmall users can enjoy rebates worth up to USD 1,500 after buying a car from the Chinese automaker.

If a listing is not completed by January 31, 2021, Evergrande will have to buy back USD 19.4 billion in investments.