Chinese eCommerce

Alibaba Merges Global and Domestic eCommerce Businesses
Alibaba Merges Global and Domestic eCommerce Businesses
November 21, 2024  |  eCommerce

Chinese conglomerate Alibaba is combining its domestic and international eCommerce businesses into one unit. According to a Thursday (Nov. 21) securities filing, the new Alibaba E-commerce Business Group...

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Temu Parent Accumulates $38 Billion Cash Stockpile
Temu Parent Accumulates $38 Billion Cash Stockpile
September 01, 2024  |  eCommerce

PDD Holdings, owner of eCommerce firm Temu, is reportedly sitting on $38 billion in cash. That’s the largest cash position of any listed company that...

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Chinese Tourists Are Driving Global Payment And Retail Change
Chinese Tourists Are Driving Global Payment And Retail Change
May 11, 2018  |  Payment Methods

One of the small joys of travel is waking up a bit later than expected, then skipping the check-out desk on the way to a...

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Alibaba-Backed Best Slashes IPO Price Range
Alibaba-Backed Best Slashes IPO Price Range
September 20, 2017  |  International

Best, the Chinese logistics company backed by Alibaba, has cut the expected price range of its initial public offering (IPO) in the U.S. According to...

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