Alibaba founder Jack Ma re-emerges with praise of ‘transformations’
Jack Ma, founder of Alibaba, reappeared in the public view in China for the first time in months. Alibaba then…
IQiyi posts first year of profits and says it’s ‘excited’ about Sora
A view of iQiyi’s website featuring a variety TV show, taken on Tuesday, Aug. 22, 2023. Bloomberg | Bloomberg |…
New consumer brands grab market share in China, South Korea: Bain & Co
Customers shop at a supermarket in Qingzhou city, East China’s Shandong province on Jan 12, 2024. Future Publishing | Future…
Buy or avoid China? The pros share their take — and stock picks
Is it time to buy China, or should investors continue to avoid this market? Quite a few developments surrounded the…
Baidu says its ChatGPT rival Ernie bot has more than 100 million users
HANGZHOU, CHINA – NOVEMBER 23: People learn about Baidu’s artificial intelligence (AI) chatbot service ERNIE Bot during the 2nd Global…
U.S. pension funds heavily invested in China despite crackdown
3d illustration flag of China. Close up waving flag of China. Aoraee | Istock | Getty Images U.S. proposals to…
Alibaba CEO Eddie Wu warns of being ‘displaced’
Signage at the Alibaba Group Holding Ltd. booth at the Smart China Expo in Chongqing, China, on Monday, Sept. 4,…
Hong Kong’s benchmark Hang Seng index closes in bear market territory
People standing in front of an electronic display showing the Hang Seng Index in the Central district of Hong Kong…
China hits Alibaba affiliate Ant Group hit with $985 million fine
Regulatory scrutiny forced Hangzhou-based Ant Group to abruptly suspend its massive IPO plans in 2020. Vcg | Visual China Group…
China’s JD.com brings back veteran to lead new grocery business
JD.com set up an “Innovative Retail” division that houses its grocery business 7Fresh. It comes as the company has undergone…