Dengan meningkatnya persaingan antara raksasa teknologi China dan pembuat mobil tradisional, persaingan untuk menjadi pemimpin terbesar di dunia dalam kendaraan energi bersih di pasar otomotif sedang berlangsung.
On Feb. 5, China’s tech giant Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988) announced the pricing of an underwritten registered public offering of $5 billion senior unsecured notes, per Business Wire.
Commuters in Shenzhen will now be able to test out AutoX’s fleet of fully driverless vehicles in a robotaxi pilot program, marking another milestone for the autonomous driving startup.
Alibaba’s Cainiao Smart Logistics Network announced that the platform would offer nonstop logistics service to 200 major cities in China over Chinese New Year.
The lawsuit over the music copyright infringement of 72 songs between Alibaba Culture Media Co., Ltd. and Tencent was drawn to a court decision on Jan. 15, where Tencent paid 432,000 yuan in compensation to Alibaba.
On Jan. 19, Alibaba Group’s cross-border B2C platform Tmall Global announced a new suite of solutions at the 2021 Tmall Global New Seller Virtual Summit to help global brands localize in China.
On Dec. 14, Alibaba Investment, China Literature, and Hive Box were fined an overall 1.5 million yuan for violating the anti-monopoly law, according to a notice from the State Administration for Market Regulation.
All shares of Suning Holdings Group held by chairman Zhang Jindong, his son Zhang Kangyang and Nanjing Runxian have been pledged to Taobao, Alibaba’s e-commerce platform.
AutoNavi has reached a deal with Feishu, Bytedance’s Office Suite APP, also known as Lark, and will be integrated within Feishu to provide enterprise car service for the platform’s users.
The Double 11 shopping festival is hard to miss. E-commerce platforms put out ads everywhere to boost consumption. Like the locals, foreigners are embracing the shopping frenzies.
Chinese e-commerce platforms are thinking about new ways to help consumers obtain cheaper pork. And the online community group buying model is one of the ways.
Alibaba’s fresh food chain Freshippo has shut 21 of its Shenzhen stores to disinfect stores and perform nucleic acid tests for all employees and products.
Beijing-based AI chipmaker Cambricon was officially listed on the Sci-Tech Innovation Board on July 20, 2020, with an issue price of 64.39 yuan per share, a 288% increase at the opening.
Colin Zheng Huang, the founder of Chinese e-commerce giant Pinduoduo (PDD), has stepped down as CEO and reduced his stake in Pinduoduo stock to 29.4% from 43.3%.
