Jack Ma, co-founder and executive chairman of Alibaba, China’s biggest e-commerce platform, has announced his unexpected retirement as chief executive officer earlier this month. The company’s core to-customer e-commerce platform Taobao, however, may be facing more hiccups.
With the development of the Internet, Chinese youngsters can now enjoy convenient life services simply by installing several applications on their smartphones, such as renting apartments with housing platforms like Ziroom and riding with ride-hailing apps like Didi.
Perhaps they made money with their viral yet meaningless content, but did they really contribute anything to the content market in China?
After getting wind of Tesla’s contemplation over going private, Chinese electric car manufacturer, NIO, is rushing to go public to fill in Tesla’s void – and to raise additional $1.8 billion for its rising operational costs. Tesla CEO Elon Musk said he may use Saudi Arabian capital to finance the company’s move in the near…
Several Chinese app stores pulled video platform BiliBili’s app from their offerings after suffering another hard hit from government censors. Reports suggest the removal is strongly connected to state media outlet CCTV’s criticisms of its content.
Once upon a time, the graveyard that is Renren was worth US $8 billion. The former “Chinese version of Facebook” imploded after building the country’s largest social media network.
Chinese job seekers can face discrimination when applying for a job. Employers often ask personal questions about gender, place of origin, age and marital status, leading job candidates to be disqualified based on factors other than their actual credentials and abilities.