Alibaba

Trendyol is the leading e-commerce platform in Turkey, serving 30 million shoppers and over 140,000 merchants in the country.

One Alibaba manager, Wang Chengwen, allegedly forced a female employee to drink excessive alcohol. The employee woke up naked in a hotel room the next morning.

The company is investing all of its excess profits in key technologies and products.

The company builds cloud-native solutions for a variety of clients to speed up software development and iteration.

China’s tech giants are increasingly coveting entertainment assets, heating up competition for intellectual property.

Hema is hoping that a premium model relying on higher average order value and greater margins can lead to long-term success in China’s online grocery market.

In addition to its core mapping and mobility offerings, AutoNavi will integrate dining, entertainment, and lifestyle services.

The ramifications are multifold, and may significantly reshape how Pinduoduo and ByteDance build their revenue streams and user pools.