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The Chinese economy is so bad, even Chinese people can't be enticed into buying dirt-cheap mega-sale items

The 618 sale, which normally draws in billions, reported its first sales dip in eight years, showin…

Aditi Bharade   


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Alibaba to make significant job cuts amid IPO plans

Chinese internet giant Alibaba is making significant job cuts, reportedly around 7 per cent of its …

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Alibaba's stock dropped so much that Jack Ma reversed a plan to sell shares for his other investments

Jack Ma's family office was set to sell 10 million Alibaba shares this week to invest in agricultur…

Huileng Tan   


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Alibaba extends losses to $26 billion in market value after the company announces big reversal of spin-off plans

Alibaba was down for a second day on Friday, deepening losses as plans to spin off its cloud unit w…

Phil Rosen   


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Alibaba posted $84.5 billion in Singles Day sales this year. That's a record high - but also its slowest growth ever.

The 8.45% increase in Singles Day sales marks the first single-digit growth since the Chinese e-com…

Huileng Tan   


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Huileng Tan   


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Luxury brands like Burberry and Coach are cashing in on Singles' Day shopping in China by creating limited edition NFTs for the event

The Singles' Day NFT offerings were slated to run from October 20 to November 11, but many of them …

Huileng Tan   


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Alibaba is so confident Beijing's tech crackdown has ended that it has just listed over 2,000 jobs for fresh graduates

Alibaba's massive recruitment drive comes at an opportune time for China's young graduates after yo…

Huileng Tan   


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Americans can’t resist the Alibaba Singles’ Day Sales – US tops in GMV for sales from the Chinese e-commerce giant so far

1 United States 2 Russia 3 France 4 Malaysia 5 Singapore 6 Spain 7 Australia 8 Korea 9…

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Chinese multinational Alibaba exits India, sells its entire stake in Paytm

With this sale, Alibaba is no longer a stakeholder in Paytm. The company had sold around 3.1 per ce…

ANI   


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Alibaba will block sales of crypto mining equipment beginning October 8 to comply with China's clampdown

Alibaba will also prohibit the sale of cryptocurrencies themselves and ban any tutorials, strategie…

Isabelle Lee   


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2 mins read

Alibaba looks to raise up to $8 billion through bond sale as Jack Ma's empire faces regulatory crackdown, report says

The e-commerce group aims to raise at least $5 billion, but it could fetch more, according to a Reu…

Shalini Nagarajan   


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Chinese ecommerce giant Alibaba has not released blow-by-blow Singles' Day sales figures yet. Here's why that's a big deal.

Alibaba's Singles' Day event used to feature a flashy live sales counter. This year, it's trying to…

Huileng Tan   


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Matthew Loh   


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Cheryl Teh   


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Singles' Day could still break record, even though Alibaba is toning down its usual extravagance as the government cracks down on everything

Tech giant Apple sold 300 million yuan ($47 million) worth of iPhones in the first second of sales …

Huileng Tan   


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Nike and Adidas saw their online sales plummet in China over the Xinjiang cotton boycott

Chinese consumers are boycotting western brands for criticizing alleged forced labor cotton practic…

Mary Hanbury   


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4 mins read

How to make six figures selling products online through dropshipping

Business Insider interviewed and vetted e-commerce entrepreneurs to offer advice about how to break…

Catherine LeClair   


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Alibaba smashed last year's Singles Day record with over $74 billion in sales amid worries over the pandemic

This year, Alibaba has adopted some of the same strategy as US retailers around Black Friday, expan…

Mary Meisenzahl   


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6 mins read

Here's how much Uber, Softbank and Tencent can possibly gain from Didi’s IPO — the largest Chinese share sale since Alibaba

China’s ridesharing behemoth, Didi Chuxing, is finally ready to go public after years of speculatio…