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Baidu denied reports that it is spinning off the unit and declined to comment on a potential listing of Xiaodu.

Roughly a third of China’s internet users watched livestreaming e-commerce in the first six months of 2020.

Efforts to secure crucial machinery and parts began early this year.

Sogou is the latest among several Chinese companies retreating from the US capital markets amid ongoing tensions between the countries and tighter rules and scrutiny from US regulators.

Alibaba’s newest C2M platform, Rhino, is set to enable new brands and SMEs looking to crack the e-commerce market.

With a decrease in the number of programs, the future of corporate accelerators seems bleak. However, not all is lost if the right strategies are in place.

In Asia, your partner’s key value-adds are their local language abilities and deftness at building relationships with the end customer.

The scooter-sharing firm is looking to expand into five more cities within the next 12 months.

Shiok Meats is developing cell-based shrimp, crab, and lobster and aims to commercialize its products in a few years.

Hmlet offers customers short-term stays in the Hmlet Boutique properties starting from six nights, or longer-term living, usually with a minimum three-month stay.