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2 mins read
Jack Ma reportedly proposed a restructure at Alibaba, and it has echoes of what's been happening at Meta
Alibaba cofounder Jack Ma retired from the company in 2019, but he was back advising the company in…
Huileng Tan
3 mins read
Shein and Temu are slapping each other with lawsuits as their epic battle for Gen Zers heats up
Temu just filed an antitrust lawsuit against Shein, alleging the fast-fashion company intimidated m…
Jennifer Ortakales Dawkins
3 mins read
The viral success of ByteDance's new app Lemon8 shows just how pointless a TikTok ban would be
While lawmakers go back and forth on the idea of banning TikTok, ByteDance's new app Lemon8 is alre…
Paayal Zaveri
1 min read
Alibaba and other US-listed Chinese stocks jump following speculation Beijing is exploring an exit from its zero-COVID policy
An unverified social media post said the Chinese government could form a "reopening committee" to e…
Carla Mozée
1 min read
The family behind the $238 billion Walmart fortune just revealed their stock picks
The Waltons' largest holding was a $2.2 billion stake in Vanguard's emerging markets ETF, which ros…
Ethan Wu
2 mins read
Alibaba sinks to lowest in 6 years and Nio plummets as US-listed Chinese shares sell off on growth worries after President Xi locks in 3rd term
JD.com and Baidu fell as President Xi packed his core team with loyalists. "There are no centers of…
Carla Mozée
1 min read
Alibaba, JD.com, and other US-listed Chinese stocks climb following report the US is near a deal for audits of Chinese firms
The US may soon conduct inspections of auditing firms that work with US-listed companies from China…
Carla Mozée
2 mins read
One of China's biggest retailers is cutting executive pay to create a fund to help lower-level employees buy homes
The move follows Chinese government's push to close the country's income wealth gap through its "co…
Aaron Mok
1 min read
Alibaba and other Chinese stocks get a boost after Shanghai lifts COVID-19 restrictions and officials unveil stimulus measures
Shanghai is offering tax incentives and subsidies to kickstart the local economy after two months o…
Carla Mozée
2 mins read
The billionaire founder of China's Amazon, JD.com, has dumped nearly $1 billion of company shares since stepping down as CEO 3 months ago
Richard Liu stepped down as CEO in April. Soon after, he began cashing out $1 billion worth of shar…
Weilun Soon
2 mins read
The US added China's AliExpress and WeChat to its notorious piracy list, saying China exports the most fake goods and those made with forced labor
The report notes a correlation between the use of forced labor and child labor in producing certain…
Weilun Soon
1 min read
Thousands of Chinese workers reveal their hours as part of a campaign to 'boycott' the grueling '996' corporate culture
996 stands for 9 a.m. to 9 p.m., six days a week. These long hours were initially prevalent in tech…
Stephen Jones,Huileng Tan
1 min read
'Squid Game' keyword searches are reportedly yielding no results on major e-commerce platforms in China
The popular Korean dystopian survival drama has not been officially released in China due to the na…
Lauren Frias
17 mins read
These are the 12 most powerful people in China you've probably never heard of
In the chess game of Chinese politics, it's not always clear who pulls the strings. Here are the 12…
Cheryl Teh
2 mins read
Nasdaq jumps nearly 2% as investors pivot to risk-on while awaiting news of more sanctions on Russia
Chinese stocks listed on Wall Street extended gains as concerns about delistings soften.
Carla Mozée
2 mins read
Elon Musk says Tesla is glad to see new data-security laws after several Beijing-led regulatory crackdowns on Big Tech
Elon Musk's collaborative tone about data security came despite China's richest tech titans being h…
Shalini Nagarajan
2 mins read
It's not just Jack Ma. More and more Chinese tech founders and CEOs are retreating from the spotlight.
Bytedance founder Zhang Yiming has reportedly left the board of the TikTok parent. He's the latest …
Katie Canales
2 mins read
GOP Sen. Marco Rubio slams Didi's US listing as 'reckless and irresponsible' - and calls it an unaccountable Chinese company
Didi's lack of accountability puts American retirees at risk and funnels desperately needed US doll…
Shalini Nagarajan
2 mins read
10 things before the opening bell
Tech stocks take a dip, Goldman cuts forecast on China GDP, and analysts see a big upside for Coinb…
Phil Rosen
2 mins read
10 things before the opening bell
Stocks are recovering after the Evergrande-driven market meltdown, green assets may be in a bubble,…