MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.14%. Australian stocks advanced by 0.57%, while Tokyo shares rose 0.4%
Chinese regulators on Thursday announced an anti-monopoly investigation of e-commerce giant Alibaba Group, stepping up official efforts to tighten control over China's fast-growing tech industries
As President Xi Jinping pushes for stronger environmental protection and consumers grow more eco-conscious, the nation's e-commerce giants are under pressure to find greener ways
The measure, which could affect corporate giants like Alibaba Group Holding Ltd. and Baidu Inc., serves as another parting shot at Beijing before Trump leaves office in January
Ant has "voluntarily removed" the online deposit products from Alipay "in accordance with the recent regulatory requirements for online deposits services," according to a company statement
The State Administration of Market Regulation said in a statement that it had taken the decision after reviewing deals the firms were involved in
The move could hit companies such as Alibaba, tech firm Pinduoduo Inc and oil giant PetroChina Co Ltd
Mumbai-based Tata Group, with a combined revenue of about $113 billion and marquee brands such as Jaguar Land Rover and tea maker Tetley, is scouting for local e-commerce assets
Food delivery continued to recover from the pandemic, with operating profit for the business more than doubling in the September quarter, the company said on Monday
TikTok owner ByteDance has also internally looked at the possibility of acquiring a controlling stake in iQIYI
President Xi Jinping urged financial regulators to 'dare to' master their supervisory role
Small to medium businesses key user base of logistics and transport apps Lalamove and Drive by Lalamove
Zhang said Chinese internet companies have moved to the forefront of the global industry with the help of government policies, but regulations need to evolve
From Centre asking CPSEs to pay dividends on quarterly basis to RBI policymakers sparring over high inflation forecast, Business Standard brings you the top headlines of the day
BEIJING/SHANGHAI (Reuters) - Alibaba <9988.HK> and JD.com said the United States was the top seller of goods to China during the Singles' Day shopping extravaganza that generated about $116 billion in merchandise volume for the pair.
China has proposed new regulations aimed at curbing the power of its biggest internet companies
The world's biggest sales event - eclipsing Black Friday and Cyber Monday in the United States - spanned four main days this year
This year's online shopping extravaganza also comes a week after Alibaba lost almost $76 billion of its market value
A survey by consulting firm Oliver Wyman found that 86% of Chinese consumers are willing to spend the same as or more than during last year's Singles' Day festival
China's yearslong deleveraging campaign to weed out bad actors in its financial underbelly should be a lesson