Alibaba looks to shore up growth for its core e-commerce business.
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Posted inHeavy Hitters
Alibaba to compete with Meituan, Suning bailed out: Retailheads
Alibaba restructures its local services to better compete with Meituan. Nayuki Tea and Dingdong Maicai go public.
Posted inHeavy Hitters
Netease restructures amid slowing e-commerce growth
The downsizing follows a round of restructuring earlier this year, as Netease seeks to increase its focus on its two main businesses — e-commerce and gaming.
Posted inOn the Cusp
MissFresh, Dingdong Maicai file for US IPOs, JD expands overseas: Retailheads
MissFresh, Dingdong Maicai, two Chinese online grocers, filed for US IPOs. JD.com and its logistic branch are expanding overseas.
Posted inHeavy Hitters
Alibaba reshuffles executives in fintech, travel, retail units
The Alibaba restructuring involved fintech affiliate Ant Financial, online travel platform Fliggy, retail, and entertainment units.
Posted inOn the Cusp
Luckin apologizes to staff after month-long fraud tumult
Luckin apologized to its employees for the upheaval following its fraud admission in early April, and on the same day removed its CEO and COO.
Posted inHeavy Hitters
Chinese travel firms restructure apps to comply with new e-commerce law
The law doesn’t just prohibit fake products and reviews on shopping sites like Taobao.
Posted inWith Chinese Characteristics
The Big Sell | Tamed livestreamers and Tencent stake cuts
Chinese regulators extended the clampdown on top-earning livestreamers such as “livestreaming queen” Viya and “lipstick king” Li Jiaqi.
Posted inHeavy Hitters
Alibaba accuses Meituan CEO of libel for questioning founder’s integrity
Meituan has battled with Alibaba in its core food delivery business for years, following their short-lived friendship.
Posted inEvents, Heavy Hitters
What’s new in new retail: Wang Xiruo, CTO of Hema Xiansheng
New retail is no longer fresh now. When Jack Ma first proposed the new retail concept at the company’s annual Yunqi Conference in October of 2016, he said: “There is no e-commerce in the next ten years or twenty years, there’s only new retail.” As a result, almost all businesses began to call themselves new retailers. Some […]
