China Newsbase
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The China News Database was last updated at 08:27AM on December 31, 2023.
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28 articles matching the search query.
Profits are way up for discount ecommerce giant PDD as Temu app expands globally
PDD’s earnings show a recovery in consumer sentiment in China, and will help the company expand its cross-border operations taken on by global platform Temu.
Meituan couriers go on strike in Shanwei
The latest reminder of how Chinese food delivery apps continue to exploit their employees.
With ‘instant retail,’ brick-and-mortar stores are making a comeback
Offline stores are back in the game. Local convenience stores are now delivering groceries, medicines, and clothes faster than Alibaba and JD.com can.
China’s monopoly buster took on Alibaba, Tencent, and Meituan last year
The State Administration for Market Regulation this year started to exert its authority to address monopolistic behavior by internet platform companies.
Tencent off-loads share in gaming company
Tencent has off-loaded $3 billion worth of shares in the Singapore-based gaming and ecommerce firm Sea, in a move to align its portfolio to match the priorities of Beijing’s “common prosperity” and sustainability push.
Meituan to start testing drone deliveries in Shanghai
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Chinese tech philanthropy in the age of ‘common prosperity’
In China, tech companies are facing particular pressure to showcase social responsibility. Xi Jinping acknowledged that the “new round of technological revolution and industrial transformation is giving a strong impetus to economic development.” However, he also pointed out that its negative effects on employment and income distribution need to be “effectively addressed and resolved.”
Can cheap robots solve Chinese labor shortages?
Chinese factories are experiencing electricity shortages that will affect the world’s supply of everything from iPhones to Christmas lights. Now they can’t find enough workers. Can robots help?
Ride-hailing company T3 charges ahead in race to overtake stalled Didi
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Food delivery giants Ele.me and Meituan promise to stop treating delivery workers like disposable garbage. Sort of.
Chinese food-delivery companies are notorious for their exploitation of couriers: the beleaguered guys on electric bikes struggling through urban traffic to bring urban consumers their dinners at speeds that necessitate breaking traffic rules. Two of the biggest firms are promising to change.
China steps up antitrust campaign with new draft rules targeting internet companies
China’s State Administration for Market Regulation published a set of draft regulations on internet companies that was remarkable for its detailed list of prohibited behaviors.
China’s ‘Big Tech crackdown’: A guide
The Chinese government is tightening its control over Chinese technology companies in dramatic ways: There will be a sea change in 2021: Capital flows between the U.S. and China will in some cases reverse, and the incentives that have driven the Chinese economy for the last two decades have changed.
China’s antitrust probe: Tencent and Meituan are next
China’s crackdown on Big Tech is real and ongoing, but it’s not going to kill the geese that lay the golden eggs. Here are the latest developments.
How rental mobile phone chargers took over China’s cities
China has a whole industry devoted to renting portable mobile phone chargers to battery-drained customers in restaurants and shops, and it’s worth billions.
All the electric car companies in China — a guide to the 46 top players in the Chinese EV industry
Electric vehicles, smart systems to drive them, and advanced batteries to power them are attracting enormous sums of capital and China’s best engineering talent. These are the companies that are fighting for one of the most lucrative markets in the world. Many of them will be global EV players.
In China, delivery workers struggle against a rigged system
China’s 7 million food delivery drivers, classified as part of the gig economy, lack protection from the country’s labor laws. Their attempts to improve their working conditions have repeatedly been rebuffed.
Alibaba fined $2.8 billion in landmark antitrust case
In a major escalation of its crackdown on Big Tech, the Chinese government went after ecommerce giant Alibaba for abusing its market position. Many Chinese people cheered.
Bike sharing’s not dead: Alibaba-backed firm files for U.S. IPO
One of the last surviving bike-sharing startups — Hello — filed for U.S. IPO as it expands to car-hailing, hotel booking, ecommerce, and beyond.
The hidden costs of China’s ultra-convenient delivery services
Worker abuse, pollution, and a big squeeze on small business.
Consumers love cheap groceries, but can community group buying withstand government scrutiny?
Community group buying is taking China’s residential compounds by storm as even non-tech-savvy grannies see the price benefits and tech companies pour millions into the sector. But not everyone is happy with the booming new industry.
