China Newsbase
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The China News Database was last updated at 01:50PM on November 9, 2023.
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1,796 articles matching the search query.
For Alibaba, the Property Crackdown Is Another Headache
The e-commerce giant posted lackluster earnings for its latest quarter and has suffered from China’s crackdown on technology companies. Another crackdown on the housing sector may also deal collateral damage.
$8 Billion Takeover Offer Could Avert One of China's Biggest Potential Corporate Failures
Another chip asset for Alibaba? Alibaba appears to be the frontrunner in an $8 billion takeover of Tsinghua Unigroup. Once key to China’s semiconductor ambitions, debt-ridden Unigroup could become an asset to Alibaba as it expands into chip making, Bloomberg reports.
36氪独家｜小红书完成新一轮5亿美元融资，投后估值高达200亿美元_详细解读_最新资讯_热点事件_36氪
Social commerce app Xiaohongshu’s valuation is up to $20 billion, doubling within half a year, after raising $500 million from investors including Tencent and Alibaba.
miHoYo joins Alibaba, Tencent, picking Singapore as key international hub
Gaming company expands to Singapore: miHoYo, owner of the massive hit video game Genshin Impact, is the latest of several Chinese companies placing bets on the business-friendly city-state.
T3出行完成A轮77亿元融资，中信联合体领投_实时热点_热点聚焦_36氪快讯_36氪
Ride-hailer bags huge Series A: Alibaba– and Tencent-backed T3, a rising Didi competitor, just raised $1.2 billion in the largest haul of any ride-hailing company since 2018.
Is China’s virtual idol boom a trend with staying power? · TechNode
Virtual influencers gain traction: Perhaps looking to avoid scandals and controversies around human representatives, companies are turning to digital characters to promote their brands and products.
Suning.com Said to Mull Sale of Carrefour China Majority Stake
Suning.com Co., the Chinese retailer backed by Alibaba Group Holding Ltd., is weighing a sale of its controlling stake in Carrefour SA’s business in the country, people with knowledge of the matter said.
Here's how China's 2021 Singles Day pre-sale went
Beauty business goes public: Maogeping is the first domestic cosmetic brand to list A-shares in China, and it’s climbing the Single’s Day charts.
Alibaba, Tencent rename their NFTs as ‘digital collectibles’ amid bubble fears
The two companies’ rebranding moves followed state media’s recent warning of a potentially ‘huge bubble’ in the new digital asset market.
Alibaba Down $344 Billion, World's Biggest Wipeout, Year Since Jack Ma Speech
Few people could have predicted the downward spiral for Alibaba Group Holding, when founder Jack Ma delivered a blunt criticism of China’s financial system last October.
Alibaba shares surge nearly 7% after Jack Ma appears in Europe and company releases new chip
Jack Ma took his first steps on foreign soil since the suspension of Alibaba affiliate Ant Group’s IPO in November 2020. Alibaba’s shares surged nearly 7% on the news.
Alibaba emerges on shortlist to rescue chipmaker Tsinghua
Tech company sole private-sector candidate to bail out China's once national champion
Alibaba unveils ‘breakthrough’ chip for its servers, cloud computing
The new Yitian 710 chip, which was designed by Alibaba based on British semiconductor firm Arm’s architecture, will not be made commercially available.
The new fast fashion e-tailer aiming to take on shopping site Shein
Alibaba gets into fast fashion: Targeting Shein, an affordable clothing retailer that’s a breakout hit among Gen Z shoppers, Alibaba is launching its own fashion platform, named allyLikes.
U.S. and Chinese Regulators Are in a Bind Over a Three-Letter Acronym
Variable interest entities enabled Chinese companies including Alibaba to raise money in the U.S. Now, VIEs are facing increasing scrutiny at home and in the U.S.
Alibaba Offers WeChat Pay on Apps as China Cracks Down on Tech
Alibaba Group Holding Ltd. added rival Tencent Holdings Ltd.’s payment system to some of its apps, further widening cracks in the internet giants’ walled-off ecosystems.
Beijing taxis take on Didi with Alibaba-backed ride-hailing service
Beijing Taxi is a new service from the city’s taxi association and Alibaba’s mapping service AutoNavi, threatening the business model of ride-hailing firms like Didi Chuxing, which is still undergoing a cybersecurity review.
Alibaba’s Self-driving Robots Deliver Over One Million Orders - Pandaily
Alibaba DAMO Academy, the global research initiative set up by Alibaba Group, today announced that the last-mile logistics vehicle “Xiaomanlv” has delivered over one million shipment orders as of September 2021.
Tech moguls pledge support for Xi’s prosperity drive at Internet Conference
The CEOs of Alibaba and Xiaomi showed up at the World Internet Conference to pledge support for Xi Jinping’s ‘common prosperity’ drive by helping small and medium-sized businesses.
Ant Group microcredit service Huabei shares user data with China’s central bank
Consumer credit data gathered by Huabei are now included in the financial credit information database run by the People’s Bank of China.
