China publishes draft guidance for online-platform merchant feesThis is the latest in a series of steps by Beijing to support local merchants that are under pressure from a sluggish local economy and a t...
25 May, 2025, 11.31 PM IST
Temu ditches Chinese imports model to avoid Trump’s tariffsTemu, known for its cheap Chinese imports, is shifting to a "local fulfillment" model, focusing on US-based merchants to avoid tariffs and ...
02 May, 2025, 02.37 PM IST
Asian stocks jittery as tariff concerns mountJapan’s stock market opened higher, but South Korean shares fell and equity index futures for Hong Kong were down. US futures edged higher ...
21 Mar, 2025, 06.37 AM IST
Donald Trump administration considers adding Shein, Temu to 'forced labor' list, Semafor reportsThe Trump administration has not made a final decision on the matter and could ultimately decide not to list either, the report said, citin...
05 Feb, 2025, 07.20 AM IST
Bernard Arnault wins big on China stimulus with $17 billion wealth surgeBernard Arnault, who faced a significant wealth drop this year, saw his fortune rise by $17 billion to $201 billion after China announced s...
27 Sep, 2024, 10.33 AM IST
Shein backers offer to sell at 30% discount as IPO prospects dimShein investors are trying to sell shares in private market deals that value the online fashion giant at as low as $45 billion, reflecting ...
26 Jan, 2024, 12.12 AM IST
Price wars help spark $157 billion rout in China consumer stocksThe seemingly relentless decline in prices of Chinese goods amid tepid consumer demand is denting expectations that corporate earnings can ...
14 Jan, 2024, 09.38 AM IST
TikTok becomes first app to cross $10 billion in in-app spendingVideo-streaming platforms like TikTok and Disney+ drove an 11% rise in consumer app sales in 2023, showing resilient demand while the games...
10 Jan, 2024, 01.14 PM IST
TikTok looks to take on Amazon in US, eyes $17.5 billion shopping business in 2024TikTok’s ambitious target sets up a clash not just with Amazon but also fellow Chinese-owned outfits Temu and Shein, who’ve been making big...
04 Jan, 2024, 10.46 AM IST
Jack Ma returns to rally troops after Alibaba’s troubles deepen“Every great company is born in a winter,” Ma wrote in response to a staff post. “The people willing to reform for the future, and the orga...
30 Nov, 2023, 12.15 AM IST
Apple, Meta hot streaks fuel Nasdaq 100's July rallyApple is the biggest component of the Nasdaq 100, comprising nearly 12% of the index weight. The stock has risen about 1% in July and is po...
01 Aug, 2023, 05.47 AM IST
Google suspends Chinese ecommerce app Pinduoduo after finding malware in versionsThe Mountain View-based company said on Tuesday it has found versions of the app, offering PDD Holdings Inc.’s flagship e-commerce service,...
21 Mar, 2023, 11.04 AM IST
Shein’s lead under fire as Chinese-owned Temu tops US chartsTemu views Shein as its biggest rival in the near-term, and wants to surpass its dominance within the next few years
06 Mar, 2023, 12.44 PM IST
China ecommerce giant JD set for $1.4 billion discount spreeThe campaign has spurred concerns that larger rival Alibaba Group Holding Ltd. or upstart PDD Holdings Inc. may retaliate with cuts of thei...
04 Mar, 2023, 10.18 PM IST
A $33-billion hit shows China's newest stock worryA report this week that JD.com Inc. is launching a subsidy campaign to fight back against the advances of rival PDD Holdings Inc. sent fres...
23 Feb, 2023, 06.34 AM IST
Tencent's 48-yr-old Pony Ma dethrones Jack Ma to become China's richestPony Ma overtook real estate tycoon Wang Jianlin as China’s second-richest person in 2013.
24 Jun, 2020, 05.04 PM IST
E-commerce upstart wants its data back from AlibabaPDD’s in-house system now hooks up and shares information, such as unique identifiers for individual products, between merchants, couriers ...
28 Aug, 2019, 11.03 AM IST