NewsChina sees a nearly eightfold increase in smart speaker shipmentThey are as popular as PCs and smart TVs. 1 min read
The deal will see AliExpress Russia collaborate with parts of Mail.ru’s e-commerce business NewsAlibaba’s Russia operations link up with Russia’s sovereign wealth fund and Mail.ru in major JV2 mins read
Hummingbird fulfills an average delivery time of fewer than 30 minutes. NewsAlibaba upgrades Ele.me’s logistics network Hummingbird into a standalone unit 1 min read
It would use RMB 1.8 billion from the first batch of the bonds to repay old debt. NewsAfter gaining USD 633m from Alibaba, Chinese furniture retail center developer Red Star Macalline plans to issue USD 579m in bonds2 mins read
Government regulations for e-cigarettes may soon be in place. NewsAlibaba hints at future e-cigarette sales on Tmall1 min read
The app now has 30 million monthly active users. NewsIndian short video app VMate gains USD 100 million from Alibaba to take on TikTok1 min read
The film production company has a few hits under its belt. NewsAlibaba Pictures’ losses narrow as marketing expenses are trimmed2 mins read
It has in-house “vehicle-to-everything” technologies. NewsAlibaba buys into autonomous driving tech provider China TransInfo at USD 520 million1 min read
The company sought a Hong Kong listing five years ago, but was turned down. NewsAlibaba is reportedly planning a secondary listing in Hong Kong1 min read
NewsDeals in brief: Valtor secures Wavemaker backing, Qapita raises Series B funding, Accel and Peak XV invest in Supabase, and more
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