HONG KONG – The world’s largest clothing brand, H&M by Hennes & Mauritz AB, is under attack in China, one of its largest markets, for its stance on forced labor in the …Read More »
Pinduoduo founder Colin Huang leaves the company
SINGAPORE: Chinese e-commerce company Pinduoduo Inc.’s PDD -10.31% Founder and chairman Colin Huang resigned from the company on Wednesday, even as the five-year-old company overtook Alibaba Group Holding. Limited. SLIME 2.08% to …Read More »
Coupang is the Amazon.com of South Korea, but maybe even better.
A Coupang employee unloads an eco-friendly bag carrying fresh food from a delivery truck in Bucheon, South Korea. The e-commerce company has launched its initial public offering. SeongJoon Cho / Bloomberg Text …Read More »
China’s regulators punished the tech giants. What could come next?
Text size Chinese digital payments company Alipay in Shanghai. Regulators have cracked down on Internet companies with antitrust measures. Héctor Retamal / AFP via Getty Images Chinese stocks fell on Friday when …Read More »
China sets plans to tame tech giant Alibaba
Under founder Jack Ma, Alibaba Group Holding Ltd. had local regulators and officials in its corner as it became a Chinese version of Amazon.com Inc.Chinese President Xi Jinping’s recent crackdown on the …Read More »
China Deploys Covid-19 Vaccine To Build Influence, With US On The Sidelines
ADDIS ABABA, Ethiopia: A cavernous new airport cargo terminal in Ethiopia’s capital is the center of a vast supply network that China is assembling to accelerate delivery of its coronavirus vaccines and …Read More »
Americans will not be banned from investing in Alibaba, Tencent and Baidu
The US government is expected to allow US companies to invest in Chinese technology giants Alibaba Group Holding Ltd, Tencent Holdings Ltd and Baidu Inc. According to people familiar with the case, …Read More »
Jack Ma of Alibaba has not been seen for months. Beware of stock.
At the company’s annual party in 2017, Jack Ma, founder of Alibaba Group Holding. STR / AFP via Getty Image Word size The head of a Chinese research group told me last …Read More »
US consumers include Alibaba, Tencent to China stock ban
In recent weeks, officials from the State Department and Department of Defense have negotiated an expansion of a blacklist of companies banning US investment due to claimed ties to China’s military and …Read More »
Jack Ma offers ant to plaque to Chinese regulators
As Jack Ma was trying to save his relationship with Beijing in early November, according to people familiar with the matter, the Chinese billionaire offered to hand over parts of his financial-technology …Read More »