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Alibaba applauds “strong return for an early investor” NewsAltaba (formerly known as Yahoo) to sell its Alibaba stake1 min read
Budget-savvy shoppers are also the ones who helped newcomer Pinduoduo grow into China’s third largest e-commerce company NewsTaobao introduces new ‘value for money’ promotion area to take on Pinduoduo1 min read
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The move came amid the Chinese government’s push to develop the housing rental market. NewsXiaomi founder Lei Jun might make another foray into apartment rentals1 min read
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It’s a small share, but that fits Tencent’s strategy. NewsTencent buys stake in e-commerce SaaS vendor Youzan2 mins read