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Alibaba Archives to slash top exec salaries amid China’s ‘common prosperity’ push

The e-commerce giant plans to allocate US$1.4 billion for a fund to assist employees of JD and recently-acquired courier...

Indonesia’s GoTo to cut 1300 jobs to step up cost cutting

In recent months, Southeast Asia's largest-ecommerce firm Shopee cut jobs in various countries and shut some overseas op...

Alibaba quarterly revenue misses expectations as spending slows

Alibaba said it will not complete its primary conversion of shares to the Hong Kong Stock Exchange by the end of 2022 as...

Tim Hortons teams up with Alibaba to woo Chinese coffee drinkers

Tims China was founded in 2019 by Cartesian Capital Group and Canada's Restaurant Brands International, which also owns ...

Chinese brands outnumber foreign names among Singles Day best-sellers

Cooke said this did not reflect a domestic dominance of the entire market, though, as is especially strong in hig...

Singles Day set to end with subdued sales and no fanfare

Alibaba has said loyal and VIP customers will be key to the event this year and that it is also focusing on developing m...

A Singles Day without livestream superhosts leaves Alibaba in a quandary

The event will begin with seven days of pre-sales to allow shoppers on its Taobao and Tmall marketplaces.

Alibaba revenue growth flatlines for first time as China’s lockdowns bite

Alibaba Group has reported flat quarterly revenue growth for the first time in its history, showing how China's Covid lo...

Alibaba to apply for primary listing in Hong Kong

The company expects the listing to be completed by the end of 2022, making it a dual primary listed company on HKEX and ...

China’s big tech problem: even in a state-managed economy, digital companies grow too powerful

China has made clear it aims to be a global leader in digital infrastructure and technologies.