Alibaba to partner with Apple on AI features, sending shares to 3-year high
Alibaba will partner with Apple to support iPhones' AI services offering in China, its chairman said on Thursday, a move likely to help the U.S. company ease falling
Alibaba will partner with Apple to support iPhones' AI services offering in China, its chairman said on Thursday, a move likely to help the U.S. company ease falling
The Trump administration move to stop low-cost imports entering the U.S. tariff-free is likely to hit fast fashion retailer Shein harder than online dollar-store
The U.S.
Travellers thronged railway stations and airports on Friday, clutching large suitcases and gifts such as boxes of fruit as they joined millions of
More than half the American businesses in China, the most in five years, say they are concerned about a further deterioration in the bilateral relationship between
China's luxury market declined by 18% to 20% in 2024, marking the end of a period of "exponential growth", with sales expected to remain flat this year, consultancy
Chinese officials and ordinary people are hopeful but on edge as Donald Trump returns to the White House, eager to avoid a repeat
China’s Alibaba Group Holding reported its strongest quarterly revenue growth in almost two years on Thursday as its domestic e-commerce unit focuses on low-cost products to attract consumers amid a sober economic environment. The Chinese e-commerce giant posted first-quarter revenue of 234.16 billion yuan ($32.29 billion), up 14% from the prior-year quarter which was hit by strict pandemic lockdowns. The figure beat analysts’ estimates of 224.92 billion yuan, according to Refinitiv data. The company’s U.S.-listed shares rose as much as 5.6% to $100.1 in early trading. “Most investors had expected an okay quarter,
China’s Alibaba Group Holding reported its strongest quarterly revenue growth in almost two years on Thursday as its domestic e-commerce unit focuses on low-cost products to attract consumers amid a sober economic environment. The Chinese e-commerce giant posted first-quarter revenue of 234.16 billion yuan ($32.29 billion), up 14% from the prior-year quarter which was hit by strict pandemic lockdowns. The figure beat analysts’ estimates of 224.92 billion yuan, according to Refinitiv data. The company’s U.S.-listed shares rose as much as 5.6% to $100.1 in early trading. “Most investors had expected an okay quarter,
On a visit to China this week, EU Agriculture Commissioner Janusz Wojciechowski said his focus will be on increasing agri-food exports to the world's second largest
The world's biggest luxury brands seeking growth in their second-largest market China are all courting the likes of wealthy entrepreneur
The decision by McDonald's to take greater control of its China business and expand aggressively in the face of a consumer slowdown and geopolitical tensions seems
Expensive beauty hauls are a thing of the past for Evelyn Zhu.
Shanghai Disney Resort will open a Zootopia-themed attraction to the public on Wednesday aiming to capitalise on a post-pandemic desire for travel and experiences in
A slew of smaller Chinese gaming companies have announced share buybacks - plans seen as an attempt to reassure investors after the market was spooked by
For Chinese businessman Han Changming, disruptions to Red Sea freight are threatening the survival of his trading company in the
U.S. businesses in China are feeling more optimistic about bilateral relations and their profitability potential than a year ago, but most will still limit new
China's Alibaba Group Holding on Wednesday missed analysts' estimates for third-quarter revenue, hurt by softness in the retail market and
The rapid rise of fast-fashion e-commerce retailers such as Shein and Temu is upending the global air cargo industry,
Quarterly earnings reports from Chinese e-commerce giants Alibaba and JD.com this week will be closely watched as barometers for the mood of consumers in the world's
China's Alibaba Group Holding reported an 86% plunge in fourth-quarter profit on Tuesday primarily due to valuation changes from equity investments, pushing
Chinese online retailer JD.com on Thursday reported first-quarter revenue that beat market estimates, as price cuts and discount coupons helped boost sales
China's
As Starbucks faces stiff competition for its brew in China from fast-growing, low-cost rivals who have chipped into its market share, the coffee chain
AliExpress, an e-commerce site owned by Chinese giant Alibaba, has signed former England soccer captain David Beckham as a brand ambassador as it plays catch-up with
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