Group-buying websites in China may soon be phased out amid customer complaints and vendors losing money. A different marketing tool is already beginning to replace it.
In a forum organized by U.N. Women, Alibaba Chairman Jack Ma lauded the role of women in the success of his firm. He said that the populace was the "secret sauce" to their rapid growth.
The State Council has released on Tuesday, Sept. 29, a new guideline aimed at enhancing the connection between online and offline businesses and is expected to strengthen market growth, the Xinhua News Agency reported.
TTPM's Holiday Showcase 2015 from the former Time to Play Magazine will likely excite not only children and teens, but also kid-at-heart adults. The yearly event reveals what industry experts believe will be the hottest toys during this year's shopping holiday season.
A consultative committee advising the central government on “Made in China 2025” plan has identified on Tuesday, Sept. 29, 10 priority industries to upgrade the country's manufacturing sector and enable the country to shift from low-end manufacturing to more value-added output, the China Daily reported.
Asia’s richest man Li Ka-shing on Tuesday expressed his support for Chinese President Xi Jinping and dismissed allegations he was divesting assets from mainland China following a barrage of media articles accusing him of turning his back on the country.
Tencent tops the list of Hurun Institute’s “Hurun Most Valuable Chinese Brands 2015” released on Sept. 17. Nine other companies from different sectors were named, with four banks dominating the list.
VKontakte, a social media website, is the Facebook of Russia and it is being ordered to keep a check on music piracy. Earlier, The Pirate Bay was blocked at local ISP level. Universal and Warner initiated legal proceedings and now VKontakte has to install filtering technology to check infringement.
Didi, China's leading ride-hailing app, announced it plans to join a group of investors and fund Indian counterpart, Ola. The move comes after it has also participated in fundrasing rounds to other ride-sharing firms, such as Lyft and GrabTaxi.
China and the European Union (EU) should strengthen mutual cooperation and investment, such as by connecting the "One Belt, One Road" initiative with EU's Investment Plan for Europe, according to the statements of a Chinese government official and an EU leader at a meeting on Monday in Beijing.
China’s largest online video provider LeTV Holdings has upped the stakes in the country’s e-vehicle industry by acquiring a major stake in a vehicle charging station manufacturer.
Shanghai Import Fresh Co. Ltd. has given small businesses access to imported seafood by placing small orders at their online platform jinkouxian.com. The company imports seafood from countries such as Japan and Norway and makes it available in China.
Taco Bell has introduced a new way to build customized nachos, tacos, or burritos Instead of buying all the items at the fast food restaurant and then assembling them. The global chain has unveiled a new website that allows customers to order, modify, and pay for their Tex-Mex food items by using a mobile phone, tablet, or laptop computer.
Suzuki Motor Corp is all set to announce a special profit of 306 million dollars post the sale of its 1.5 percent share in Volkswagen AG to Porsche Automobil Holding SE
In the government's bid to support startups, China announced that it will help boost equity crowdfunding and encourage entrepreneurship, a cabinet document issued on Saturday stated.
