NewsWebuy, founded by former Alibaba executive, raises USD 100 millionIt is deeply rooted within WeChat’s ecosystem and is backed by Tencent. 2 mins read
The fate of a company, especially an internet company, might be closely related with its ability to hire talented, young people. NewsTop 10 most attractive workplaces in China for young programers2 mins read
Henan, with 107.8 million internet users, is China’s largest province by population. NewsAlibaba to set up regional center in Central China’s Henan province1 min read
NetEase believes Kaola was “undervalued.” NewsAlibaba’s USD 2 billion acquisition of NetEase’s cross-border e-commerce site is off, reports say2 mins read
In China, 50 billion parcels are delivered annually, causing a mountain of wasted cardboard boxes. NewsAlibaba’s logistics arm Cainiao and China’s 5 major courier services try to put an end to packaging waste2 mins read
The conglomerate’s revenue has grown by 42% year-on-year. NewsAlibaba quarterly revenue beats estimates, with fastest growth in cloud computing business1 min read
From farm to pantry. NewsAlibaba starts 50-day promotion to sell 1 billion groceries, following Pinduoduo’s move1 min read
Behind this cooperation is AliExpress’ sales growth in 2018. NewsAlibaba’s cross-border e-commerce platform AliExpress allies with search engine Naver to boost sales to South Korean consumers1 min read
Tech firms are up in arms to combat internal corruption. NewsBaidu, Alibaba, and Tencent’s war on corruption2 mins read
NewsDeals in brief: Valtor secures Wavemaker backing, Qapita raises Series B funding, Accel and Peak XV invest in Supabase, and more