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Chinese media outlets have been told to censor their coverage of the government’s probe into Alibaba in a “severe and unusual move”.
Alibaba has seen its shares drop by around…
Read MorePinduoduo faces public outrage after employee’s death
Pinduoduo is facing a growing public backlash and an official investigation into its working practices after the death of an employee in her 20s.
The employee, born in 1998, collapsed…
Read MoreAlibaba’s facial recognition tech could be being used to identify Uighurs
Alibaba’s facial recognition technology can reportedly be used to identify members of China’s Uighur Muslim minority.
A new report from surveillance industry researcher IPVM says that Alibaba’s Cloud Shield software…
Read MoreAlibaba fined £57,000 for failing to provide paperwork in latest government crackdown
Alibaba has once again fallen foul of the Chinese government and has been fined 500,000 yuan (£57,000) for failing to submit relevant paperwork during an acquisition deal.
In the government’s…
Read MoreJD.com becomes first online platform to accept digital yuan
Chinese ecommerce giant JD.com Inc on Saturday announced it had become the country’s first platform to accept Beijing’s digital yuan.
The company’s finch arm JD Digits will accept Beijing’s homegrown…
Read MoreWish.com sees net losses grow to $176m as it prepares for IPO
Wish.com officially filed to launch its initial public offering (IPO) on Friday as it reported skyrocketing revenues of $1.7 billion.
The ecommerce platform revealed its sales figures for the first…
Read MoreAlibaba’s AliExpress announces record breaking Singles Day
AliExpress saw the value of its merchandise sold internationally rise 350 per cent on Singles Day last week.
The shopping event founded by Alibaba and now known as the Global…
Read MoreLeading Indian online grocer BigBasket reeling from major cyber attack
Cyberattackers have stolen the personal details of millions of users of Indian online grocer BigBasket, according to Bloomberg News.
BigBasket co-founder and chief executive Hari Menon confirmed the attack, which…
Read MorePinduoduo: Consumer-to-manufacture revolution offers glimpse into retail’s future
A consumer-to-manufacturer (“C2M”) revolution is currently under way in China that could remake the way goods are produced and sold in the future.
In traditional retail, manufacturers produce what they…
Read MoreChina launches crackdown on online counterfeits
China’s market regulator and government departments have launched an operation investigating unfair competition, illegal wildlife sales and counterfeits through the country’s ecommerce channels.
State news agency Xinhua reported that the…
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