China’s Singles Day shopping festival is more than halfway over. Here’s how consumers are spending
Employees package and sort express parcels at an e-commerce company on Nov. 1, 2024, around the Double 11 Shopping Festival ...
Tag: PDD Holdings Inc
Alibaba’s international arm says its new AI translation tool beats Google and ChatGPT
Chinese e-commerce company Alibaba has invested heavily in its fast-growing international business as growth slows for its China-focused Taobao and ...
Shein and Temu prices are set to get a lot higher as Biden takes aim at retailers linked to China
A man walking past a logo of fast fashion e-commerce company Shein outside its office in Guangzhou in southern China's ...
Alibaba earnings miss expectations despite cloud acceleration
Signage at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, on Friday, Aug. 2, 2024.Qilai Shen | Bloomberg | ...
Temu and Shein’s soaring popularity has Wall Street eyeing China’s influence on tech earnings
In just 17 days after launch, Temu surpassed Instagram, WhatsApp, Snapchat and Shein on the Apple App Store in the ...
How Temu parent PDD dethroned Alibaba to become China’s most valuable e-commerce company
Chinese e-commerce giant Pinduoduo has been behind its rivals Alibaba and JD.com when it comes to international expansion. Now Pinduoduo ...
Alibaba’s global arm signs David Beckham as international e-commerce brand ambassador
Alibaba's international e-commerce platform AliExpress is a UEFA Euro 2024 sponsor and has signed David Beckham as its global brand ...
This ETF aims to capture China’s own ‘Magnificent Seven’
Roundhill Investments wants to mimic the success of its Magnificent Seven ETF (MAGS) in China.The firm's CEO Dave Mazza plans ...
Alibaba shares jump after founder Jack Ma reemerges with praise of Chinese giant’s ‘transformations’
Jack Ma, founder of Alibaba, reappeared in the public view in China for the first time in months. Alibaba then ...
After doubts about Alibaba’s future, co-founder Joe Tsai says: ‘We’re back’
Chinese e-commerce giant Alibaba is back on track to be a top market player after a period of pressure, co-founder ...
