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The sale will generate nearly USD 2 billion in net proceeds, half of the USD 4 billion the company raised in its IPO in September 2018.

Over 800 global speakers will join this year’s Fintech Festival, including heads of state, financial and tech leaders, policy makers, leading startups, and multilateral agencies.

Before the livestreaming event was announced, Baidu’s shopping channel, which launched quietly in the last month, only offered a limited range of products.

Alibaba is subscribing for a fifth of the available Ant shares in the IPO, that could raise as much as USD 35 billion.

Regulators step up oversight of tech giants.

60 judges decided which of the 230 applicants made the cut.

The opening days of the festive sales saw consumers rushing to make big value purchases such as smartphones and home appliances.

Tencent’s Pony Ma registers the biggest personal wealth increase among all the names on the rich list.