Alibaba

86% of online shoppers in China plan to spend the same, if not more than they did in last year’s sales event.

Alibaba’s famous shopping festival gives customers a longer window to capitalize on discounts this year.

China’s two biggest short video platforms are racing to an IPO.

As for user accounts, Pinduoduo could overtake Alibaba as soon as next quarter.

Bytedance has been investing aggressively in the online reading sector, where Tencent is already a leading player.

Strong China retail sales buffer group against fintech affiliate’s IPO turmoil.

“Regulators could use the IPO pause to re-assess the impact Ant may bring to the ecosystem of the Star Market.”

“Ant’s valuation is sure to be affected greatly as the microloan business accounted for almost half of the company’s entire profits.”