Chinese tech giants are beginning to invest more in the metaverse, CNBC reported Sunday (Feb. 13). The ‘metaverse’ usually refers to a virtual world where...
The Biden administration is looking at Alibaba’s cloud business and determining whether that facet of the eCommerce titan is a risk to U.S. national security,...
Today in food commerce, Alibaba mulls a fundraise for its Freshippo grocery chain in China, valued at $10 billion, while retail giants race to overcome...
Alibaba is weighing a fundraise for its Freshippo grocery chain in China that has an estimated valuation of $10 billion, Bloomberg reported on Friday (Jan....
China’s market regulator has fined Alibaba, Tencent Holdings and Bilibili Inc. for failing to properly report several deals. As Reuters reported Tuesday (Jan. 4), the...
A trifecta of changes — new competition, a sluggish economy and continued regulatory pressures — has China’s Alibaba revamping its eCommerce businesses and appointing a...
China’s crackdown on technology companies that offer payment services had the unintended side effect of opening the lines of communication between competitors like Alibaba and...
Tencent Holdings Ltd. is opening its WeChat groups and will soon allow Alibaba’s Tmall and Taobao, among other social media rivals, to display their own...
Several Chinese companies, including Alibaba, Baidu and JD.com will have $78,000 in fines levied against them stemming from 43 acquisitions that were said to breach...