Alibaba-backed Chinese electric vehicle (EV) startup XPeng has raised nearly $400 million from investors, including Xiaomi Corp, in a new funding round, Reuters reported Tuesday...
The numbers are in from Alibaba’s annual Singles’ Day online shopping event, and among the big winners are L’Oréal and Nestle. Get the Full Story...
Singles Day, which is Monday, Nov. 11 this year, has become one of the biggest eCommerce events around the world, thanks to its backing by...
Research firm Sanford C. Bernstein says affluent Chinese consumers are not indulging on luxury and non-essential goods, Bloomberg reported on Saturday (Nov. 9). Get the...
China’s Alibaba rang up over $12 billion in sales in less than 90 minutes during its Singles Day shopping bonanza, Reuters reported on Sunday (Nov....
China has changed some IPO rules to entice more tech companies to list publicly in the country, according to a report by The Wall Street...