Shoppers in China are making up for lost time, throwing money at luxury goods and cosmetics amid the COVID-19 pandemic, according to a CNBC report...
Alibaba smashed Singles’ Day sales records this year with help from an aggressive push into European and other foreign markets. Get the Full Story Complete...
Alibaba’s Singles Day performance on Wednesday (Nov. 11) shows that the Chinese consumer is back — big time. Singles Day — Alibaba’s popular shopping holiday...
In today’s top news, Alibaba’s Singles’ Day in China has brought in $56 billion thus far, and Lyft is launching a delivery service. Plus, the...
In today’s top payments news around the world, Indonesian FinTech LinkAja closed a Series B funding round headed up by Grab, while Nigeria-based Kuda landed...
Singles’ Day in China is exceeding expectations, with Alibaba posting $56 billion in sales by Wednesday morning (Nov. 11), according to a Reuters report. Get...
China’s 1.4 billion people will mark Singles’ Day – the country’s exponentially larger answer to America’s Black Friday or Prime Day events – on Wednesday...
As most companies rush to grow their online presence, Alibaba is actively seeking to expand its offline footprint through its new manufacturing division, Xunxi. Get...
Ant Group‘s stalled initial public offering (IPO) could cut the company’s valuation in half, with one report putting the firm’s value at just $140 billion....