This round comes as Xpeng plans to launch its P7 sedan in spring 2020. NewsAlibaba-backed Chinese EV maker Xpeng nabs USD 400 million with Xiaomi being an strategic investor2 mins read
The nod clears the way for Hangzhou-based Alibaba to start a weeklong roadshow from November 13 to garner interest from global investors. NewsAlibaba gets nod to sell shares in Hong Kong, in a secondary listing that catapults city back to the top of world’s IPO ranking4 mins read
Are the company’s rosy sales numbers too good to be true? NewsFacing accusations, Alibaba founder Jack Ma says he never faked Singles’ Day sales data (updated)3 mins read
Do Chinese Millenials and Gen Zers remember the electronics and software from their childhoods? VideosWhat kind of tech did Chinese Millennials and Gen Zers grow up with?1 min read
Homegrown e-commerce firm Shopee is among those leading Southeast Asia’s e-commerce race. Q&AShopee CCO Zhou Junjie on leading Southeast Asian e-commerce despite fierce competition5 mins read
Alibaba and JD.com reached new sales records as spending money on Nov. 11 becomes a shopping ritual in China. InsightsInfographic | Splashing 1482 billion in one day, China successfully overwrites “Singles’ Day” with “Double eleven”1 min read
Snapdeal is betting big on India’s tier 2 and 3 market to realize greater ambitions. NewsSoftBank might pour USD 100 million into Indian marketplace Snapdeal3 mins read
The world’s largest online shopping gala sheds a light into Chinese consumption. NewsFive e-commerce trends showcased by Alibaba’s Singles’ Day4 mins read
Alibaba uses this technology to identify and solve the trust issue between customers and merchants. NewsAlibaba fully implements blockchain technology for the first time in this Singles’ Day2 mins read
Paytm typically invests USD 28 million to 35 million every year in acquiring or investing in technology companies. NewsAlibaba-backed Paytm keeps USD 70 million in wallet to invest in AI startups2 mins read