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Bull of the Day: PDD Holdings (PDD)
Zacks via Yahoo Finance· 24 hours agoThough PDD is much younger than its rivals like Alibaba Group (BABA) or VIP Shop Holdings (VIPS), PDD has gained significant popularity in a relatively...
Alibaba's Fintech Affiliate Ant Group Boosts Global AI Efforts with Multi-Billion Dollar Investment...
Benzinga· 5 days agoAlibaba Group Holding Ltd BABA affiliate Ant Group Co spent $2.9 billion (21.2 billion yuan) on...
Alibaba, Xiaohongshu tout sales growth in China's midyear e-commerce festival
South China Morning Post via Yahoo Finance· 3 days agoAlibaba Group Holding said it is seeing "encouraging" user engagement and merchant growth during the 618 midyear online shopping festival, as rival Xiaohongshu ...
Will Baidu Be a Trillion-Dollar Stock by 2030?
Motley Fool via Yahoo Finance· 14 hours agoLeo Sun has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Baidu, and Tencent. The Motley Fool...
Yoox Net-a-porter’s China Joint Venture With Alibaba to End
WWD via Yahoo Finance· 4 days agoIn 2018, in a bid to take up a bigger slice of the Chinese luxury e-commerce market, Richemont...
China's Ant Group invests $2.9 billion in technology research last year
Reuters· 5 days agoChina's Ant Group said Thursday it invested a record high 21.19 billion yuan ($2.92 billion) in...
Chinese AI social media apps see demand rise in overseas markets amid slow mainland adoption
South China Morning Post via Yahoo Finance· 6 days agoShanghai-based MiniMax - a generative AI start-up that counts South China Morning Post owner Alibaba...
Balenciaga goods are going for 40% off in China
Fortune· 4 days agoStarting this month, Chinese shoppers can snap up a small beige, crocodile-patterned version of Balenciaga’s iconic Hourglass handbag for $1,947, or 35% off on the mainland’s dominant e-commerce ...
Toxic shock: restaurant in China caught spraying poisonous paint on BBQ skewers
South China Morning Post· 3 days ago“Perhaps they were using liquid nitrogen to keep the food fresh,” said another. The spray turned out to be carcinogenic paint, according to the results of an inspection by the local arm of the ...
Luxury Labels Slash Prices 50% to Lure Wary Chinese Shoppers
Bloomberg· 4 days agoSome luxury labels are discounting their products to an unprecedented degree in China, reflecting a...
