Briefing: Bike rental cool down prompts calls for policy change

街头共享单车数量明显少了 “禁投令”该不该放松 - Tencent Tech What happened: Alibaba-backed bike rental company Hello Transtech was summoned…


Alibaba acquires 8% stake in Bilibili to double down on content-driven e-commerce

(Image credit: Bilibili) Chinese tech giant Alibaba announced through an SEC filing on Thursday that its Taobao…


Briefing: Alibaba’s Taobao raised RMB 440 million in 2018 for philanthropic efforts

Banner Year for Alibaba’s Taobao Philanthropy Efforts - PR Newswire What happened: Alibaba Group’s Taobao marketplace…


Briefing: Luckin Coffee to expand to additional 18 tier-2 cities by April

Chinese Starbucks rival Luckin Coffee expands in 18 more cities by April-Pingwest What happened: Chinese coffee chain…


Vivo aims at premium handset market with new smartphone brand iQOO

(Image credit: Vivo) Chinese smartphone maker Vivo has rolled out today a premium smartphone brand iQOO, marking…


Briefing: JD to turn Beijing hotel into a research and commercial center

Why is JD.com spending US$400 million to buy this hotel in Beijing? - SCMP What happened: China’s e-commerce giant…


Suning acquires 37 Wanda stores to speed up new retail expansion

Image credit: Suning.com Chinese online retailer Suning.com has acquired 37 outlets of Wanda Department Store, the…


Tencent invests in Reddit as global battle with Bytedance escalates

Chinese tech giant Tencent is rumored to have contributed $150 million to US social news and discussion platform…


Briefing: Tencent and GAC Group set up $150 million automotive joint venture

Tencent moves into automotive with $150M joint venture  - TechCrunch What happened: Chinese tech giant Tencent is…


Alibaba sales slow amid profit growth

Chinese e-commerce giant Alibaba has reported its slowest revenue growth since 2016, despite exceeding expectations…