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FRESHIPPO FUNDING
Chinese exporters on social media platform Rednote ask local consumers to buy goods meant for USChinese sellers are using social media platform Rednote to sell goods originally intended for the U.S. market at discounted prices, citing ...- Alibaba scraps cloud business spin-off citing US chip curbsThe U.S. decision last month to ban the export to China of more chips used in artificial intelligence (AI) has created major uncertainties ...
- How Alibaba's six main new business units stack upAlibaba Group Holding's former CEO, Daniel Zhang, has unexpectedly left the company's cloud computing unit, raising concerns about its spin...
- Alibaba's grocery unit IPO put on ice amid disappointing valuation: reportThe Chinese technology conglomerate has concluded it could likely achieve a valuation of around $4 billion for Freshippo, which is lower th...
- How Chinese tech giant Alibaba's six new business units stack upThe e-commerce giant announced in March it will split into six business units, each with its own CEO and board of directors, and adopt a ho...
- Alibaba’s global online commerce arm weighs a US IPOGlobal online shopping unit includes Lazada, AliExpress, and has been valued by analysts at $39 billion.
- Beijing on edge as city adds new quarantine centersWhile the number of cases and deaths in China is relatively low compared to the U.S. and other countries, the party remains committed to th...
- Alibaba’s grocery chain Freshippo considers funding at $10 billion valueThe separate fundraising raises the prospect that Alibaba may consider spinning off the chain as a separate business, unlocking some of the...
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