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Chinese tech firms eyeing expansion in South Korea

Chinese tech firms eyeing expansion in South Korea

Smart devices giant Xiaomi has joined the influx of Chinese tech firms seeking to expand their presence in South Korea, setting up a local subsidiary in late 2024.

Alibaba aims to raise $5B in dual currency bond deal, sources say

Alibaba aims to raise $5B in dual currency bond deal, sources say

Laid-off Lazada employees to get bigger payout after negotiation

Laid-off Lazada employees to get bigger payout after negotiation

China's JD.com to spin off industrial, property units in $1B Hong Kong floats

China's JD.com to spin off industrial, property units in $1B Hong Kong floats

E-commerce firm JD.com Inc is planning to spin off its property and industrial units and list them on the Hong Kong stock exchange in deals worth $1 billion each, two people with direct knowledge said on Friday.

March 30, 2023 | 11:40 pm PT

Alibaba's Jack Ma to step down in one year, hand baton to CEO Zhang

Alibaba's Jack Ma to step down in one year, hand baton to CEO Zhang

Jack Ma, the charismatic co-founder of China's largest e-commerce firm Alibaba Group Holding Ltd, will step down as chairman in one year.

September 9, 2018 | 10:33 pm PT

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