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China's "moonlight" generation puts tomorrow's growth on credit
China's hopes that consumer spending can become its new growth engine have taken a few dents in 2016, but a new generation of overspenders might give the economy a shot in the arm, even as they stretch their own resources to breaking point.
Alibaba expands in Southeast Asia with $1 bln deal
Chinese e-commerce giant Alibaba will acquire a controlling stake in leading Southeast Asian online shopping platform Lazada for $1.0 billion, it said Tuesday as Jack Ma's company seeks to expand outside its home market.
Top Alibaba shareholder Softbank plans to sell $7.9 bln in stock
Japanese telecommunications and internet firm Softbank Group Corp said on Tuesday it will sell at least $7.9 billion of shares in Chinese e-commerce company Alibaba Group Holding Ltd in order to raise funds to reduce its debt.
May 31, 2016 | 05:16 pm PT
Singapore buys $1 bln in Alibaba stock in SoftBank sale
Singapore sovereign wealth funds bought $1 billion of Chinese e-commerce company Alibaba Group Holding Ltd's shares as part of an $8.9 billion sale by Japan's SoftBank Group Corp, Alibaba's biggest shareholder, the company said on Wednesday.
June 1, 2016 | 05:23 pm PT
Former Alibaba exec invests $3 mln in Vietnamese start-up app
Online travel app Vntrip.vn has hit the jackpot with massive foreign cash injection.
July 11, 2016 | 12:47 am PT
Chinese spend billions on Singles' Day
The Chinese spent almost $18 billion in a day.
November 11, 2016 | 06:32 pm PT
Alibaba launches low-cost voice assistant amid AI drive
The Chinese device costs significantly less than counterparts by Amazon and Google.
July 5, 2017 | 06:25 pm PT
Alibaba betting on long-term gain from eSports investment
Alibaba's sports arm Alisports was opened in 2015 with the aim of cashing in on the rapidly growing world of electronic sports.
November 29, 2017 | 05:49 pm PT
China's Tencent, JD.com invest $863 million in online retailer Vipshop
The deal extends a recent push by Tencent into Alibaba’s home turf of retail.
December 17, 2017 | 11:01 pm PT
China's Alibaba under fire over use of customer data
Concerns mounted as Alipay customers learnt their data has been used non-consensually.
January 5, 2018 | 02:16 am PT
Amazon set to wade into Vietnam’s fast-flowing e-commerce market
The American giant is ready to sign a deal to open its platforms up to Vietnamese exports.
March 6, 2018 | 12:29 am PT
Global e-commerce giants willing to take a hit to expand market share in Vietnam
Companies can see the long-term potential of the country's rapidly expanding online shopping sector.
March 13, 2018 | 09:16 pm PT
Alibaba doubles investment in SE Asia e-commerce firm
Lazada operates in six Southeast Asian countries, inlcuding Vietnam, and has 560 million consumers in the region.
March 18, 2018 | 11:29 pm PT
Alibaba files trademark lawsuit against Dubai firm behind 'Alibabacoin'
The unauthorized use of trademarks confused consumers to think its products are affiliated the Chinese online retailer.
April 3, 2018 | 12:02 am PT
China's 'men only' job culture slammed in new report
Several job adverts reflect 'traditional and deeply discriminatory views' that women are less capable than men.'
April 23, 2018 | 01:14 am PT
China tech giants bet on untangling logistics of Indonesian e-commerce
Indonesia's e-commerce sales are set to rise from 3 percent of retail activity now to 19 percent by 2027.
May 15, 2018 | 01:54 am PT
Lazada Vietnam appoints Chinese CEO
Singapore based e-commerce group Lazada has appointed a new CEO for its Vietnamese operations.
July 16, 2018 | 06:10 pm PT
Alibaba co-founder Jack Ma announces plans to retire at 54
Alibaba chief Jack Ma has shared plans to retire from the e-commerce giant on Monday to devote his time to philanthropy.
September 7, 2018 | 05:35 pm PT
Jack Ma to unveil succession plans, not imminent retirement: SCMP
Alibaba co-founder and chairman Jack Ma will unveil a succession plan on Monday, the South China Morning Post reported Sunday.
September 8, 2018 | 06:36 pm PT
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