Consumer Economy

Vision Fund exits entire $7.7bn Uber holding during market downturn.

Ant Group’s net profit falls 17.3% in March quarter under regulatory pressure.

Thanks to companies like DHgate and its social commerce SaaS tool MyyShop, content creators can easily monetize their social media presence.

Head of e-commerce company says consumers may seek goods in smaller volumes.

Trudy Dai, president of core domestic e-commerce, looks to quality content development and improved user experience to deepen consumer engagement.

Trudy Dai, Alibaba’s newly appointed president of core domestic e-commerce, is shifting the unit’s focus to consumer spending.

Going forward, the company must improve its operating efficiency, reduce costs, ensure a strong inflow of cash, and control its cash balance.

The merged company issued its first earnings report after going public last month.