China suspended publishing data on its soaring youth unemployment rate in July, saying it needed to iron out complexities in the numbers. The rate had risen every month this year and reached a record
Despite China aiming to rein in domestic Internet giants, Alibaba is still the best-paying tech company in the country at an average monthly salary of $5,000, followed by ByteDance and Tencent Holdings that offer average monthly wages of $4,900 and $4,600, respectively.
On Monday, China's largest e-commerce company logged more than $38.3 billion of purchases during its annual Singles' Day shopping event, a new record
Jack Ma and Alibaba have minted a network of people whose combined fortunes total $52 bn