China

Beijing pledges support for tech companies amid economic slump

May 18, 2022

Beijing’s top economic official has pledged his support for China’s tech sector amid a concerning economic slump. Liu He, a vice-premier and President Xi Jinping’s closest economic adviser, met with…

JD.com beats revenue estimates as ecommerce enjoys revival

Ecommerce News

Alibaba Beijing China ecommerce JD.com Pinduoduo

May 17, 2022

George Iddenden

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JD.com beat Wall Street’s estimates for its quarterly revenue on Tuesday, as it enjoyed an ecommerce resurgence during a recent lockdown in China after a recent Covid outbreak. US-listed shares…

Beijing approves new online games for the first time in months, giving tech giants boost

Big Tech News

Beijing China Chinese Big Tech Chinese gaming Tencent Xi Jinping

April 12, 2022

George Iddenden

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Chinese regulators have given the green light for new online games for the first time in nine months, as the tech clampdown looks to be showing signs of easing. Tech…

Victoria’s Secret establishes joint venture with Regina Miracle

Companies News

China fashion Joint venture Lingerie Regina Miracle Victoria's Secret

April 8, 2022

Isabel Cameron

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Victoria’s Secret has teamed up with lingerie manufacturer Regina Miracle, in a joint venture to improve its existing business in China. The agreement will see Regina Miracle own 49% of…

Alibaba to invest $60 million in AR glasses maker Nreal

Augmented & Virtual Reality Companies News

Alibaba AR Beijing China Horizon Workrooms Meta Nreal Tencent

March 30, 2022

George Iddenden

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Alibaba has led a $60 million investment round augmented reality glasses manufacturer Nreal, as the tech giant looks for ways to enter the metaverse. Nreal glasses users can wear two…

Klarna wants to ditch BNPL association

Companies Fintech Mobile & Apps News Payment

Afterpay BNPL China Clearpay ecommerce fintech Klarna Retail Retail Technology Super app

March 23, 2022

George Iddenden

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Swedish fintech giant Klarna is keen to the ditch its association with its main product, buy now, pay later (BNPL). It instead wishes to move towards being known more for…

Tencent profit surges 60% amid Big Tech crackdown

Ecommerce News

Alibaba Beijing Big Tech crackdown China Chinese games Chinese regulators ecommerce Education Online games Tencent

March 23, 2022

George Iddenden

No Comments

Tencent’s quarterly profit has leapt 60% amid the country’s widespread crackdown on Big Tech and its slowest revenue growth on record. Beijing’s grip on its domestic technology sector has tightened…

Alibaba shares clamber 11% on the back of share buyback program increase

Companies Ecommerce News

Alibaba Alibaba stock price Beijing China ecommerce Hong Kong

March 22, 2022

George Iddenden

No Comments

Alibaba watched its Hong Kong-listed stock rise 11% on Tuesday after it announced it was increasing the size of its share buyback program from $15 billion to $25 billion. The…

AliExpress sees demand for winter sports soar after Beijing games

Ecommerce News

Beijing 2022 Winter Olympics China Paralympics Sports Winter sports

February 22, 2022

George Iddenden

No Comments

AliExpress has seen the demand for winter sports products soar thanks to the Beijing 2022 Winter Olympics. The Olympic Games was closed out with a ceremony on the 20 February…

Shein expands Singapore office amid rumoured IPO listing

Industry News

China Fast Fashion IPO Retail Shein Singapore

February 16, 2022

Isabel Cameron

No Comments

Shein is rapidly expanding its Singapore office, after making a Singapore firm its de-facto holding company, Reuters reports. Shein’s founder and chief executive officer Chris Xu has also become a…

China

Beijing pledges support for tech companies amid economic slump

JD.com beats revenue estimates as ecommerce enjoys revival

Beijing approves new online games for the first time in months, giving tech giants boost

Victoria’s Secret establishes joint venture with Regina Miracle

Alibaba to invest $60 million in AR glasses maker Nreal

Klarna wants to ditch BNPL association

Tencent profit surges 60% amid Big Tech crackdown

Alibaba shares clamber 11% on the back of share buyback program increase

AliExpress sees demand for winter sports soar after Beijing games

Shein expands Singapore office amid rumoured IPO listing

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