News

Average monthly active users only increased 30% YoY to 223.3 million.

Amazon Pay has signed up close to five million merchants, it said last month.

Co-CEO Zhao says chip shortage will last at least until end of 2021.

EV deliveries increased nearly 500% compared to the same quarter in 2020.

Alibaba’s new investment strategy includes three main areas, including domestic consumption, globalization, and cloud and advanced technologies.

Lu was booted from Luckin and evaded criminal charges. Now, he’s about to launch a 500-store noodle chain.

The Guangzhou-based firm expects to roll out truly driverless robotaxi services without safety operators in China by 2021.

New rules would ban overseas transfer of road and landscape information.