Apple launches WeChat store in China
Apple launched an official WeChat Mini Program in China to sell its products. WeChat is China’s biggest messaging app and is operated by Tencent. Vcg | Visual China Group |…
Stocks making the biggest moves in the premarket: TSLA, AAPL, AZN
In this photo illustration, the Tesla, Inc. logo is displayed on a smartphone screen. Rafael Henrique | Lightrocket | Getty Images Check out the companies making headlines in premarket trading.…
Alibaba expands Freshippo grocery stores in China ahead of unit’s IPO
Alibaba’s Freshippo, or Hema, supermarkets are known for their fresh produce like seafood. Alibaba wants to take Freshippo public. Costfoto | Future Publishing | Getty Images Alibaba’s grocery unit Freshippo…
China’s JD.com brings back veteran to lead new grocery business
JD.com set up an “Innovative Retail” division that houses its grocery business 7Fresh. It comes as the company has undergone a management reshuffle. Bloomberg | Bloomberg | Getty Images Chinese…
Who is Alibaba’s new CEO Eddie Wu and chairman Joe Tsai?
Alibaba announced a major leadership reshuffle on Tuesday, with CEO and Chairman Daniel Zhang planning to step down this year and be replaced by veterans at the Chinese tech giant.…
JD.com, Biogen, Oracle and more
A JD.com truck receiving incoming goods and preparing shipments at the Northeast China-based Gu’an warehouse and distribution facility in Gu’an, Сhina. XiXinXing | iStock Editorial | Getty Images Check out…
Hang Seng touches bear market territory as China reopening optimism fades
People wearing face masks crossing a street at Hong Kong’s Wan Chai district on Feb. 16, 2021. Zhang Wei | China News Service | Getty Images Hong Kong’s benchmark index…
China’s tech sector may see ‘fewer surprises’ in regulation: S&P report
SHANGHAI, CHINA – MAY 10: A visitor takes photos of Ehang 216 electrical vertical take-off and landing (VTOL) autonomous aerial vehicle (AAV) during the Exposition on China Brand 2023 at…
Alibaba plans to IPO cloud division as quarterly revenue misses expectations
Alibaba Cloud, the cloud computing subsidiary of Alibaba, unveiled its ChatGPT-style product Tongyi Qianwen during the 2023 Alibaba Cloud Summit on Tuesday morning. Bloomberg | Bloomberg | Getty Images Alibaba…
Stocks moving big midday: FSLR, NWSA, SCHW, TWLO
Connie Black makes adjustments to the manufacturing line for the series 6 solar panels seen during a tour of a First Solar plant in Walbridge, Ohio, October 6, 2021. Dane…