Alibaba Group Holding

New Business

Breaking | Macau to host NBA games as part of multimillion-dollar deal

The National Basketball Association (NBA) has signed a multimillion-dollar, five-year agreement to stage preseason games in Macau, taking the sport…

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New Business

China’s ByteDance, Alibaba, Tencent seek fresh talent at ‘Olympics of AI’

At NeurIPS to be held in Vancouver, Canada, from December 10 to 15, TikTok parent ByteDance, Alibaba advertising unit Alimama…

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New Business

Temu, Shein halt Vietnam operations pending business registration

Popular budget-shopping platforms Temu and Shein have suspended operations in Vietnam, as they await approval from authorities to restart their…

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New Business

Hong Kong stocks fall from 3-week high as China-US tensions suppress risk appetite

Hong Kong stocks retreated from a three-week high as heightened geopolitical tensions dented investors’ risk appetite. The Hang Seng Index…

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New Business

Jack Ma returns to Alibaba campus, as China moves to boost business confidence

Jack Ma, founder of Alibaba Group Holding, on Friday visited the company’s campus in Hangzhou, capital of eastern Zhejiang province,…

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New Business

New World Development loses blue-chip status in ejection from Hang Seng Index

The city’s most indebted home builder joined the HSI in 1973, just a year after it went public. It was…

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New Business

Temu owner PDD sees 10% plunge in pre-market trading despite 44% revenue growth

PDD Holdings shares plunged by more than 10 per cent in pre-market trading, despite a 44 per cent rise in…

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New Business

Alibaba CEO highlights AI advancement at China’s internet forum

The e-commerce giant is committed to laying the infrastructural groundwork and supporting systems for AI development in the country, Wu…

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Tech

Pinduoduo returns some service fees to sellers after parent PDD pledges US$1.4 bln waiver

Chinese budget e-commerce platform Pinduoduo, run by Temu owner PDD Holdings, is offering partial refunds of service fees to merchants,…

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New Business

China approves 117 video games in August, the most in 2024, amid Black Myth: Wukong mania

The NPPA has licensed a total of 850 domestic titles in the first eight months of this year, compared with…

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