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US-China trade war
PDD faces profit challenge amid Trump tariffs, domestic e-commerce competition
‘Macroeconomic uncertainties and significant investments in the ecosystem’ are expected to continue affecting PDD’s earnings outlook, UBS analysts say.
28 May 2025 - 9:00PM
Crime in Hong Kong
Hong Kong police receive over 40 reports of scams on Carousell in a week
28 May 2025 - 9:19PM
Alibaba
Delivery war: Alibaba vies for Meituan’s on-demand throne in China
27 May 2025 - 8:30PM
Mainland China
Temu-owner PDD Holdings misses quarterly revenue estimates
A prolonged property crisis in the world’s second-largest economy has cast a shadow over consumer spending.
27 May 2025 - 7:27PM
Shein
Shein risks fines over breaches of EU consumer law
Chinese-founded e-commerce platform is working with regulators to address their concerns, a company spokesperson said.
27 May 2025 - 11:52AM
Alibaba
China looks to rein in e-commerce platform commissions, support small businesses
New draft rules from China’s top market regulator would limit commission fees charged by e-commerce platforms, with a focus on supporting small businesses.
26 May 2025 - 6:05PM
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Meituan
Meituan revenue jumps 18% in first quarter
The Chinese on-demand delivery giant beat expectations, as it fends off rivals Alibaba and JD.com.
26 May 2025 - 8:41PM
China's economic recovery
China’s regulators must act quickly to stamp out price wars: People’s Daily
The party mouthpiece warns that excessive, cutthroat competition is harming the long-term development of industries like food delivery.
26 May 2025 - 3:00PM
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Apple
Apple, Huawei, Xiaomi lead China’s top-500 ranking of consumer brands, report finds
The rankings were based on domestic consumers’ online purchase behaviour, according to a Peking University report.
22 May 2025 - 9:00PM
Hong Kong workers/labour rights
Keeta riders stage third strike in Hong Kong over pay, work conditions
More than 100 riders gather in busy areas of Hung Hom and Central, following smaller-scale protests in Tsuen Wan and Mei Foo earlier this month.
23 May 2025 - 7:21AM
Alibaba
Alibaba entertainment group gets whale of a name change with orca rebranding
Following its zoological naming scheme, Alibaba is rebranding the unit responsible for streaming and filmmaking as it looks for growth outside core businesses.
22 May 2025 - 7:00AM
Alibaba
Alibaba lands US$250 million convertible bonds deal with selfie app giant Meitu
The strategic collaboration is expected to serve as ‘the foundation of a long-term partnership’ between Meitu and Alibaba.
21 May 2025 - 5:00PM
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US-China trade war
Alibaba.com sees jump in US buyer activity after US-China tariff truce
Inquiries from the US on Alibaba’s B2B marketplace surged over 40 per cent the week after Washington and Beijing hit pause on the trade war.
20 May 2025 - 9:00PM
Japan
Will Japan follow Trump’s lead and tax imports from China’s Shein, Temu?
The US president’s move to revoke the tax exemption for small parcels from China has spurred other governments to do likewise.
20 May 2025 - 2:02PM
US-China trade war
Trade war fallout: Chinese e-commerce firms intensify push for Europe’s shoppers
Temu and Shein launch aggressive campaigns in European market amid US trade uncertainty – with ad spending up by as much as 70 per cent.
18 May 2025 - 10:00PM
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Alibaba
Alibaba cements AI leadership as cloud unit reports fastest growth since 2022
Internally, the company is also betting big on the integration of AI technologies with its traditional e-commerce business.
16 May 2025 - 9:30PM
Alibaba
Alibaba’s quarterly revenue grows 7% as ‘all-in on AI’ strategy pays off
The Hangzhou-based company’s adjusted earnings rose 36 per cent year on year to 32.6 billion yuan in the March quarter.
15 May 2025 - 9:16PM
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Food delivery apps
Beijing tells food delivery giants to simmer down as feud gets too hot to handle
Five government agencies, led by the State Administration for Market Regulation, urged the instant commerce giants to follow competition regulation.
14 May 2025 - 5:00PM
Meituan
China’s Meituan to bring Keeta food delivery to Brazil under US$1 billion deal
Brazilian President Luiz Inácio Lula da Silva presided over the deal-signing event in Beijing.
13 May 2025 - 2:08PM
US-China trade war
Tariff reprieve gives Shein, Temu time to restock US warehouses
A 90-day cut in tariffs to 30 per cent from 145 per cent will help Shein and Temu restock their US warehouses at lower cost, experts say.
13 May 2025 - 9:53AM
Ant Group
Alipay launches voice call to highlight financial security via real identity checks
Alipay and WeChat Pay are the two major digital wallets used in China, holding a combined market share of roughly 90 per cent.
12 May 2025 - 5:00PM
Alibaba
Alibaba’s Joe Tsai: AI set to transform operations in next five years
Tsai and chief people officer Jane Jiang Fang answer questions from the staff, including the impact of the US-China trade war on the company.
11 May 2025 - 6:00PM
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US-China trade war
Temu points Chinese sellers to new markets amid US tariff woes
US tariffs are prompting Chinese merchants to seek alternative markets, but some sellers remain hopeful that the worst is soon behind them.
11 May 2025 - 9:00AM
Alibaba
Jack Ma’s Alibaba visit sparks nostalgia over company’s humble start
A cheerful mood at Alibaba’s annual event for friends and family, as the company navigates business challenges.
10 May 2025 - 6:30PM
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China economy
Luxury labels ditch steep China discounts to rebuild value
Balenciaga, Versace, Valentino and peers change tack to convey exclusivity, attract resilient spending of wealthy buyers.
9 May 2025 - 4:27PM
Alibaba
Alibaba breaks down barriers as e-commerce giant focuses on core priorities
Alibaba will ‘mobilise at full strength and concentrate our efforts on a few core strategic priorities’, CEO Eddie Wu says in memo to staff.
9 May 2025 - 7:08PM
Alibaba
China’s e-commerce giants to kick off midyear shopping festival next week
Alibaba, JD.com, and ByteDance’s Douyin will start promotions on Tuesday, as e-commerce giants fight for a slice of limited consumer spending.
8 May 2025 - 8:00PM
Alibaba
Alibaba teams up with social media platform RedNote in fresh e-commerce push
The cross-platform alliance allows consumers to find products via RedNote, which redirects them to buy the goods on Taobao and Tmall.
7 May 2025 - 10:37PM
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