Workers at a Tmall warehouse gather orders from customers in Jiangmen, Guangdong province. Photo: EPA/EFE

Alibaba’s online mall chief wants to double sales in three years by selling more American cherries and Australian baby formula

  • To achieve its goals, Tmall must incubate another 100 new brands that do annual business of 1 billion yuan apiece
Topic |   Alibaba

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Workers at a Tmall warehouse gather orders from customers in Jiangmen, Guangdong province. Photo: EPA/EFE
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Areas like chip-making are seen as the backbone of China’s manufacturing industry. Photo: Shutterstock

China’s e-commerce start-ups lose favour with private equity funds as Beijing-backed chip makers steal their thunder, study finds

  • The number of private equity funds targeting China’s e-commerce and internet businesses has fallen dramatically, according to a Bain & Co survey
Topic |   China technology

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Areas like chip-making are seen as the backbone of China’s manufacturing industry. Photo: Shutterstock
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