Alibaba

The press conference will be held in the form of videoconference and livestreamed via a mini app on WeChat, also broadcast live by state media CCTV.

The company shipped 8.8 million parcels in the region, up from 237,000 one year earlier.

The national “new infrastructure” plan will fuel the competition in cloud services between Tencent and Alibaba.

Kuaishou looks to JD.com’s supply chain and logistics to boost sales through livestreaming.

As many as 60 US-listed Chinese companies could return to domestic capital markets in the next 3-5 years.

The deal will make Yunda the second-largest shareholder of Deppon with a 6.5% stake.

Throughout the years, the Japanese conglomerate has made a series of deals in China that shaped up the country’s business and tech.

While Alibaba withstood China’s macroeconomic slowdown in early 2020, a wave of digitization spurred growth in e-commerce livestreaming, cloud services, and enterprise software.