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Tech

Alibaba bets on Taobao, Tmall clothing merchants to compete overseas against Shein, Temu

Eligible merchants on Taobao and Tmall can enroll in Alibaba’s new pan-clothing global free shipping plan, so they can sell…

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Tech

US shelves bid to blacklist China’s Ant Group after phone call by Alibaba president, sources say

But the Commerce Department, which oversees the blacklist, shelved the proposal after Alibaba president Michael Evans urged Commerce Secretary Wilbur…

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Tech

More tech companies likely to list in Hong Kong in next decade, Alibaba’s Joe Tsai says

More technology companies from across the globe – not just those based in China – are likely to list on…

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New Business

Hong Kong stocks slide after China’s third plenum underwhelms, geopolitical angst weighs

Hong Kong stocks tumbled on Friday after investors were underwhelmed by China’s third plenum announcement, with eyes now on further…

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Tech

Alibaba.com signs NBA legend Tony Parker as brand ambassador ahead of Paris Olympics

Alibaba.com, a cross-border business-to-business e-commerce platform owned by Alibaba Group Holding, has signed French-American basketball star Tony Parker as its…

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New Business

Chinese restaurant chain Xiaocaiyuan makes another attempt to list in Hong Kong

Chinese restaurant chain Xiaocaiyuan International Holding resubmitted pre-listing documents to the Hong Kong stock exchange on Tuesday after its initial…

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Tech

Alibaba antitrust investigation: what is the ‘picking one from the two’ practice that triggered an official probe?

Chinese regulators have long warned about the practice, although until the State Administration for Market Regulation (SAMR) announced its probe…

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Tech

Tencent-backed video-sharing app Kuaishou wins green light from Hong Kong to raise up to US$6 billion

Beijing-based Kuaishou Technology, the world’s second-largest video-sharing app, has won the green light from Hong Kong to raise roughly US$5…

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New Business

Trump rally shooting: Chinese online retailers quick off the mark with souvenir T-shirts

The first batch went on sale on Taobao, a popular Chinese e-commerce platform, at 8.40pm – before most governments around…

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Tech

Alibaba Cloud launches English version of AI model hub

Alibaba Cloud has taken a step towards globalising its AI offerings by unveiling an version of ModelScope, its open-source AI…

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