taobao
When it comes to Chinese e-commerce, Taobao is the first name that always jumps to mind, and with good reason. The C2C marketplace, owned by Alibaba, sells almost literally anything you can imagine. It can be a bit of a rough-and-tumble place, with fakes and forgeries aplenty, but for those willing to brave the waters, Taobao offers more deals on more products than anyone else, and that’s why it’s China’s biggest e-commerce platform.
ComfortDelGro takes a swipe at Grab, says it will not raise its taxi fares
The move comes days after Grab said it will raise its current base fare across most of its transport offerings in Singapore for the first time since 2017.
Deepti Sri · · 2 min read
Alibaba-backed Chinese cloud startup files for $100m listing in the US
With a 4.4% market share in terms of revenue in 2020, Qiniu is now one of the largest pure-play PaaS startups in China.
Collin Furtado · · 2 min read
Report: Shareholders of Chinese retailer Suning plan to sell up to 25% stake
Suning.com is backed by investors including ecommerce giant Alibaba Group, which invested US$4.6 billion in the retail group for a 19.99% stake.
Deepti Sri · · 1 min read
Digital Beats: The Pulse of Southeast Asia’s New Retail Industry
Hear from Michael Lee, CEO of retail partner SCash, and Derek Wang, general manager of Alibaba Cloud in Singapore, on how livestreaming, natural language processing, and AI are changing the retail game.
Melvin Chen · · 1 min readChinese retailer Suning’s founder pledges all his shares to Alibaba’s Taobao
The move comes after Suning raised US$915.5 million in investment for its newly established ecommerce platform Yunwang Wandian earlier this month.
Doris Yu · · 1 min readChinese regulator proposes anti-monopoly rules against internet giants
This may have an impact on Alibaba’s Taobao, JD.com, Pinduoduo, Ant Group, WeChat Pay, and Meituan Dianping.
Doris Yu · · 1 min readSingtel’s decade of missteps reveals a deeper problem
Why Singtel’s decade of digital bets have (mostly) missed the mark, and a platform looks to manage equity funds for Singapore startups
Rebecca Liew · · 6 min readDouyin to bar outside links to Taobao, JD ahead of Singles Day festival
The move was done “in order to further protect the rights and interests of consumers,” a spokesperson for the short-video platform said.
Miguel Cordon · · 1 min readHow big will livestreaming ecommerce get in Southeast Asia?
If Southeast Asia follows China’s trajectory, livestreaming ecommerce could be huge. But which player will capture the most market share?
Melissa Goh · · 12 min readWeChat targets Bytedance’s collaboration app Feishu in latest restriction
The Chinese super app has been accused of abusing its market-dominant position.
Wency Chen · · 2 min read