China Newsbase
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The China News Database was last updated at 08:27AM on December 31, 2023.
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132 articles matching the search query.
Pinduoduo is bigger than Alibaba, and its chairman steps down
Pinduoduo is now China’s largest ecommerce platform by annual active users, surpassing Alibaba.
Alibaba-backed battery-sharing startup Energy Monster files for U.S. IPO
Energy Monster provides power banks on demand for Chinese customers to charge their mobile phones in shopping malls and other places where people run out of power. Now the Alibaba-backed company has filed for a Nasdaq IPO.
Ant issues self-disciplinary rules, CEO resigns
Alibaba affiliate and fintech giant Ant Group wants to appease the authorities with self-regulation, but will this be enough to get the government off its back?
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.
China’s top economic policy priorities for 2021 — according to the Two Sessions
China pledges to invest more on technology innovation, put stronger hands on Big Tech, and get started on its climate goals.
China curbs online lending, forces tech firms to pay more
Ant Group and other fintech lenders will need to pay $30 for every $100 it issues under new rules as Chinese regulators tighten requirements for online lending and control on financial risks.
How China’s ecommerce helped stamp out the pandemic
Apart from strongman politics, China’s logistical networks — ultra-fast, thoroughly diffused, and widely trusted — helped a nation weather lockdown during COVID-19.
How China’s livestream industry is revolutionizing ecommerce
The livestream industry is flourishing in China, with the top hosts gaining celebrity status and earning thousands per day off commissions. But becoming the next livestream star is not as easy as it seems.
The hidden costs of China’s ultra-convenient delivery services
Worker abuse, pollution, and a big squeeze on small business.
The hidden environmental cost of online shopping in China
Internet shopping has revolutionized the Chinese economy, but young consumers want sustainability.
Whiplash on Wall Street after Chinese telecom delistings, Alibaba and Tencent investment ban threat
After the New York Stock Exchange twice reversed course on whether to delist major Chinese telecom companies, the Trump administration added further regulatory uncertainty by floating an investment ban on Alibaba and Tencent.
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.
China fines three large internet companies for Anti-Monopoly Law violations
Beijing is beginning to enforce antitrust regulations on large internet companies. Three — Alibaba, China Literature, and Hive Box — received small fines today, and more firms are reportedly under investigation.
Trump expected to sign bill that could end in delisting of Alibaba and others
Today from the U.S. government: the Holding Foreign Companies Accountable Act, new sanctions against cotton products from Xinjiang, and visa limits for Chinese Communist Party members.
China’s 10 richest people in 2020
The Hurun China Rich List annually recognizes China’s wealthiest. This year’s Top 10 includes familiar faces, mostly self-made billionaires who came of age when the country was poor. Who are they?
India has banned over 200 Chinese apps since June border clash
As the India-China border conflict remained unresolved, New Delhi continued to pressure Beijing by ordering a fourth wave of Chinese app bans.
Rural ecommerce: In China, farmers find new ways to grow
Farm-to-kitchen ecommerce companies are changing the lives of China’s farmers and urban consumers. For a country whose rural sector is dominated by small farms with minimal technology, the use of digital technology is spurring a revolution.
Alibaba and Richemont make $1.1 billion luxury investment in Farfetch
Luxury brands once shied away from ecommerce, but in China, they are embracing it, as shown by this new tie-up between China’s biggest ecommerce company, a Swiss luxury group, and a British online retailer.
Is Alibaba-backed navigation service Qianxun at risk from U.S. sanctions?
Qianxun SI provides navigation and positioning services to Huawei, Xiaomi, DJI, and now electric car company Xpeng. But will its global growth be hampered by U.S. sanctions?
Ant Group underfoot — why U.S. markets aren’t dead yet
The government may have just been waiting for the right moment to crack down on China’s internet giants, but why now? Why Alibaba? What happened behind closed doors?
