Alibaba Acquires NetEase Kaola for $2 Billion
The case regarding where NetEase's cross-border e-commerce platform Kaola will end up has been closed, as Alibaba acquired the branch for $2 billion.
9/6/20193 min read
Tag: #E-Commerce
Showing 12 of 405 posts with this tag
Douyin Tests First Independently Developed E-Commerce App "Douyin Box," Positioned as Trendsetting Platform
Douyin, the Chinese mainland version of TikTok, recently tested a new app called "Douyin Box," positioning it as a trendsetting e-commerce platform.
12/2/20212 min read
SHEIN to Secure New Funds, Valuation Drops Below $70B
Chinese online fashion group SHEIN reportedly is about to close a new fundraising round at a reduced valuation of between $65 billion and $70 billion.
2/23/20233 min read
OnePlus Founder: The Differences Between OnePlus and Xiaomi
Yesterday OnePlus launched their new flagship device OnePlus 5. Here is an interview almost 3 years ago with OnePlus founder Peter Lau, at that moment their fir...
Founder and CEO of JD.com Arrested in the U.S. on Suspicion of Sexual Assault
News of Liu Qiangdong's arrest broke out over the Labor Day weekend in the U.S. city of Minneapolis. Liu, chairman and CEO of the Chinese e-commerce retailer JD...
9/3/20183 min read
Car Maintenance E-Commerce Platform Tuhu to Debut in Hong Kong
On August 29, Tuhu Car Inc., an e-commerce platform for automobile maintenance, submitted an application for a listing to the Hong Kong Stock Exchange (HKEx).
8/29/20222 min read
Alibaba Reports Strong Quarterly Financial Results
Alibaba Group announced its financial results for the first quarter of the 2020 fiscal year ended June 30, 2019. The Chinese tech behemoth had a strong quarter across the board, beating estimates on revenue and earnings despite the uncertain market conditions due to the US-China trade tensions.
Luxury E-Commerce Platform Secoo Stock Price Jumps After ChatGPT Announcement
Secoo, a Nasdaq-listed luxury e-commerce platform, announced on February 6 that it will explore the use of AI-generated content (AIGC) and ChatGPT-related technology. Its stock price soared by 127.55% to $3.80 on this news.
2/8/20233 min read
JD.com to Recruit 20,000 College Grads in 2022
Leading Chinese e-commerce company JD.com announced Monday that it will seek to recruit more than 20,000 college graduates across the country in 2022.
1/17/20222 min read
Three Meituan Grocery E-Commerce Divisions Establish Unified Platform
Three business divisions of Beijing-based e-commerce firm Meituan – including grocery platforms Youxuan and Maicai, and distribution arm Kuailv – have together set up a unified functional center.
3/4/20223 min read
JD.com Founder Richard Liu Returns to China
Richard Liu, the founder and chairman of Chinese e-commerce giant JD.com, was recently spotted arriving at Beijing Capital International Airport.
2/2/20233 min read
ByteDance's Perfume Sub-Brand EMOTIF to Hit Shelves Soon
Beijing-based tech giant and TikTok creator ByteDance is carrying out final preparations for its subsidiary perfume brand EMOTIF, before it enters shelves on third-party e-commerce platforms.
1/18/20223 min read