Alibaba

Alibaba shares pop as revenue beats expectations
World

Alibaba shares pop as revenue beats expectations

(CNN Business) – Alibaba just posted flat revenue growth for the first time since becoming a public company, but investors…
Alibaba stock jumps after announcing Hong Kong primary listing
Business

Alibaba stock jumps after announcing Hong Kong primary listing

New York (CNN Business) – Alibaba announced a plan to allow more mainland Chinese investors to invest in the stock.…
Chinese consumers are stuck at home but still spending a ton, Alibaba says
World

Chinese consumers are stuck at home but still spending a ton, Alibaba says

New York (CNN Business) – China’s economy has slumped as Covid cases surged in the world’s most populous country. But…
EXPLAINER: Why are foreign tech firms pulling out of China?
Technology

EXPLAINER: Why are foreign tech firms pulling out of China?

HONG KONG (AP) — Yahoo Inc. is leaving the China market, suspending its services there as of Monday amid what…
China tech crackdown spooks global investors
World

China tech crackdown spooks global investors

Beijing’s widening clampdown on big technology firms sparked a major sell-off in their shares this week. The Nasdaq Golden Dragon…
Egypt eager to launch digital trade platform in Africa like Amazon: Sisi
Egypt

Egypt eager to launch digital trade platform in Africa like Amazon: Sisi

Egypt is ready to cooperate with the private sector to launch a digital trading platform in Africa similar to Amazon…
Amazon dethrones Google as top global brand: survey
World

Amazon dethrones Google as top global brand: survey

US retail giant Amazon has moved past hi-tech titans Apple and Google to become the world’s most valuable brand, a…
Jack Ma, China’s richest man, is a Communist Party member
World

Jack Ma, China’s richest man, is a Communist Party member

  Jack Ma, founder of Chinese tech giant Alibaba, is among the world’s richest people but he has now emerged…
‘Ababis’ and ‘Star Wnrs’: Knockoffs thrive in China e-commerce
World

‘Ababis’ and ‘Star Wnrs’: Knockoffs thrive in China e-commerce

  Sneakers on a popular Chinese e-commerce platform look like Adidas, but are branded “Ababis”. Underwear resembling Calvin Klein are…
China’s annual shopping frenzy shatters another record
Economy

China’s annual shopping frenzy shatters another record

SHANGHAI (AP) — Online shoppers spent more than $14 billion within the first two hours of China’s annual buying frenzy…
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