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South Korea fines Coupang $409 million in country's largest data breach penaltyThe Personal Information Protection Commission said the New York-listed company had leaked personal data of more than 33 million customers ...
US says BYD, Baidu and Alibaba are aiding China's militaryAmerica has released a new list of Chinese companies it believes support Beijing's military. Major firms like Alibaba, Baidu, and BYD are i...
US says BYD, Baidu and Alibaba and other tech giants are aiding China's militaryThe U.S. has updated its list of Chinese companies aiding Beijing's military, adding tech giants like Alibaba and Baidu, alongside chipmake...
Alibaba, BYD, Baidu are helping China military - Pentagon makes shocking claimsUS-China relations: Pentagon's update on Monday comes months after it briefly released -- then withdrew -- an earlier version of the list w...
China's global ecommerce push stalls as Iran war lifts costs, dampens demandThe business models, based on flying $5 dresses from Chinese factories to shoppers around the world, were already under pressure after U.S....
DeepSeek slated to draw $7 billion in maiden fundraising, sources sayThe fundraising could value the company after the investment at between 350 billion yuan and 400 billion yuan, or between $52 billion and...
EU wants to break up with US techWary of being vulnerable to the whims of foreign governments, the European Union is preparing far-reaching new moves to ditch American digi...
JD.com founder vows to protect Chinese jobs from AI and robotsThe company, which is one of the country’s largest employers by headcount, will “do everything possible to safeguard employment for hundred...
China's Tencent to allow PayPal payments through its WeChat networksChinese tech giant Tencent is enabling PayPal users to pay with QR codes across China through its WeChat Pay network. This move aims to att...
China luxury market trends: Why consumers are shifting to frugal and online shoppingWhen Beijinger Jacqueline Li first heard one of her favourite luxury department stores in the city was closing, she was shocked -- until sh...
SpaceX debut draws a crowd, but few recent hot IPOs outpace the marketWall Street anticipates SpaceX's IPO, but recent data shows many large debuts have lagged the S&P 500. Investors buying at IPO prices have ...
US Stock Market: SpaceX, OpenAI IPO excitement revives debate over lofty valuationsA Reuters analysis of the 50 largest IPOs over the past five years found that most underperformed the S&P 500 despite strong debut enthusia...
China's JD.com weighs £2 billion bid for UK retailer The Very Group: ReportThe move would follow JD.com's earlier UK efforts, including its failed takeover bid for electricals group Currys and its decision last ye...
TIME named him world's most influential 3 times, yet most people don't know Chinese titan Tencent's $63 billion boss - who is Ma Huateng?Ma Huateng, also known as Pony Ma, is the influential co-founder, chairman, and CEO of Tencent, a global tech conglomerate. Despite a low p...
Alibaba to exceed planned AI spending and says margin is secondaryAlibaba plans to spend more than its projected 380 billion yuan on Artificial Intelligence over three years. The company reported quarterly...
Alibaba quarterly revenue rises on cloud demand, ecommerce growthAlibaba's revenue climbed 3% driven by strong cloud and AI growth, with its China e-commerce unit boosted by government subsidies. Despite ...
Amazon primes a Blinkit showdown; New insurance models prop upHappy Tuesday! Amazon's late but strong push into quick commerce is unsettling market leader Blinkit. This and more in today's ETtech Morni...
Quote of the Day by Sergey Brin: 'The only way you are going to have success is to have lots of failure first' Google co-founder's inspiring message for today's generationQuote Of The Day: Google co-founder Sergey Brin's wisdom highlights that success is built on numerous failures. Setbacks offer crucial less...
Alibaba to integrate Qwen AI with Taobao, launch agentic shopping, source saysAlibaba is set to launch a new way to shop. Its AI platform Qwen will connect with Taobao. Consumers can chat with the AI to find and buy p...
French regulator says most e-commerce platform products it tested breach EU rulesFrance's consumer watchdog found a staggering 75% of products from online platforms failed EU safety rules. Many items were found to be dan...