China’s logistics demand grows 9.4% during the first three quarters
The demand has grown despite the resurgence of Covid-19 cases in the country...
Tag : Alibaba
Chinese crackdown on fintech firms continue
Authorities summoned 13 fintechs recently and ordered them to strengthen compliance with regulations...
Regulators in China slaps Alibaba with $2.8 bn fine
It is reportedly the largest anti-monopoly fine ever in China...
Cainiao to invest HK$5 mn to support Lunar new year demand
The investment will help the company fund a 1,500-strong workforce across the full chain of logistics operations...
Alibaba’s bond sale plan to test investor sentiment
Alibaba plans to raise up at least to $5 billion through the sale of US-denominated bonds in January...
JD Health International receives orders worth over HK$560 bn for its IPO
The IPO attracted around 850,000 retail investors...
Alibaba’s Cainiao is discussing logistics with Chinese vaccine makers
The company has established a partnership with Ethiopian Airlines to transport the vaccine to the Middle East and Africa...
Has AWS beat the likes of Google in cloud?
The revenue of AWS was $11.60 billion in the third quarter, which is more than the combined revenue of three big players...
Cainiao enhances regional logistics for importers and exporters
This is part of Alibaba’s commitment to expanding its logistic presence on a large-scale...