NewsKEY STAT | New retail now accounts for one fifth of Alibaba’s revenueGrocery delivery demand spiked since COVID-19 outbreak. 1 min read
Since the COVID-19 outbreak, changes in consumption patterns have massively benefitted Alibaba as both consumers and merchants go digital. NewsAlibaba’s digital economy soaks up consumer demand in Q22 mins read
Alibaba founder confirms intent to slash half-ownership ‘over time.’ NewsFate of Jack Ma stake hangs over Ant Group’s mega IPO plan4 mins read
Tesla’s China rivals are rushing to the public market to beef up their armories. NewsKEY STAT | China’s EV maker Xpeng reportedly filing for US IPO1 min read
The startup provides a self-driving system priced at about RMB 250,000 (USD 36,151), one of the cheapest of its kind in China. NewsDeepRoute links up with Cao Cao Mobility to roll out robotaxi fleet in Hangzhou3 mins read
Yoma Group said it will integrate Alibaba’s credit analysis technology into the Wave Money mobile payment app. NewsWave Money rolls out new credit scores with Alibaba’s tech2 mins read
The company shipped 10 million parcels in Thailand in the second quarter, up 95.3% compared with the first quarter of this year, while delivering 5.75 million in Vietnam, up 54.3% quarter on quarter. NewsCHINA BRIEF | Alibaba-backed courier Best shows promising expansion in Southeast Asia2 mins read
The startup intends to launch its robotaxi service in Shenzhen, Wuhan, and Wuhu in the near future. NewsAlibaba-backed AutoX launches driverless robotaxi services to the public2 mins read
They are expected to look and feel just like ordinary glasses in the future. InsightsThe world’s first temperature-reading AR glasses maker looks for ways to reach consumers: Inside China’s Startups6 mins read
