The hype of Singles’ Day did not stop Alibaba’s stocks from being hurt by the results of the U.S. elections.
Singles’ Day, the world’s biggest online shopping event hosted by Alibaba, has changed the way some agencies do business in China, especially in managing and promoting brands in online shops and adjusting to competitors.
The American technology company is increasing spending for research and development.
China’s electric cars may soon dominate the global markets as the Volkswagen scandal is expected to result in a shift in engine technology, tilting the balance of power in the vehicle markets in the U.S., Europe and Asia.
After sealing an array of new ventures for the past couple years, LeEco, one of China's fastest-growing tech companies, is now facing serious financial problems.
Several months ago, when Alibaba acquired Lazada, a major e-commerce platform in Southeast Asia, many people were apprehensive about the outcome of the deal and how it would affect rival businesses operating in the region such as Tokopedia, MatahariMall and Orami.
One of the many unique selling points of Tesla vehicles has been cut out with its promise of free fuel for life, after the company announced that it is charging a “small fee” on its Supercharging network starting in 2017.
Courier companies in China have made early preparations to meet the projected rise in delivery on Singles' Day, the world’s biggest online shopping festival in 2016, which falls on Friday, Nov. 11, the Xinhua News Agency reported.
China's Baidu Inc. is looking to raise $500 million to fuel its Waimai food delivery business amid a tug-of-war for customers in one of the world's largest economies.
Movie stakeholders in China are trying new models to develop film and TV talents in China. One option that Alibaba Pictures, Shanghai Theatre Academy (STA) and Fosun Group are working on is to build a world-class film school in Shanghai.
China's business watchdog has warned the country's top e-commerce sites against employing dubious selling tactics as the biggest one-day shopping festival inches closer, Reuters wrote.
China saw a surge in passenger vehicle sales for the eight straight month as consumers scrambled to buy small-engine autos ahead of a tax cut due to expire by the end of the year, boosting deliveries of domestic automakers.
An investment fund of about 10 billion euro ($11.15 billion) has been set aside by the Industrial Commercial Bank of China (ICBC) to finance infrastructure projects in Central and Eastern Europe (CEE), the bank said in a statement released on Sunday, Nov. 6.
In a significant reversal of its policy, Toyota Motor plans to start mass production of its electric vehicles with a view to increase its assembly of green automobiles outside hybrid and fuel-cell cars. The new vehicles are expected to be available in 2020.
China may consider the possibility of allowing Wall Street investment firms, including banks, to run their businesses in the mainland, as part of a new trade and investment framework currently being worked out between China and the U.S.
