Browsing: Chinese

Alibaba is planning a China listing by mid-2018 via the use of Chinese depositary receipts

Chinese e-commerce giant Alibaba Group Holding is planning a mainland listing via depositary receipts that could come as early as the middle of this year, Thomson Reuters unit IFR reported, citing a person with knowledge of


Read More
Drones, robots and self-driving vans will soon deliver your packages in this Chinese city

Chinese online retailer JD.com will launch its autonomous delivery vehicles in the streets of Tianjin, a metropolis in northern China. The company expects to begin delivering orders using these vehicles before its anniversary on June 18


Read More
Money from Chinese tech firms is deciding India’s next unicorn, say venture capitalists

Capital from Chinese technology firms is deciding the winners in India’s tech start-up market, according to venture capitalists. Indian companies chosen by tech giants such as Tencent Holdings and Alibaba Group Holding have received vast amounts


Read More
Tencent beats Amazon to launch unmanned shop, but lags other Chinese tech rivals

Tencent Holdings has opened an unmanned pop-up store in Shanghai over the weekend which drew more than 30,000 visitors in its first two days of operation, beating Amazon in launching the much-hyped retail idea and catching


Read More
Who is Richard Liu? Chinese billionaire seeks to raise profile as JD.com expands outside China

Richard, who?  Richard Liu Qiangdong may have built JD.com into China’s second-biggest e-commerce company and amassed an estimated wealth of US$11.6 billion, but he remains a relative unknown outside his home country. With recent investments into Southeast


Read More
Chinese retailers are eschewing the 2018 IPO boom to go private. Here’s why

When Chinese footwear retailers Belle International and Pou Sheng International (Holdings), and department store chain Intime Retail Group listed on the Hong Kong stock market years ago, they were riding on a rebound spurred by Beijing’s


Read More
Late to the race, Chinese retailer JD.com sees artificial intelligence as central to its expansion

A woman walks into a store in the lobby of JD.com’s south Beijing headquarters. After selecting some snacks and a drink she leaves the store. And while it might have seemed as if no one paid


Read More
Chinese online retailer JD.com raises US$2.5 billion for logistics arm in latest round of funding

JD.com announced on Wednesday that it has raised US$2.5 billion in the latest funding round for its subsidiary JD Logistics and it comes at a time when China’s second largest online retailer is looking to build


Read More
Sogou launches Chinese language translator as it goes head to head with Google

Chinese travellers may have one more essential gadget to pack for overseas trips after Sogou, China’s second largest search engine after Baidu, launched an AI-powered language translator, with more than 3,000 pre-sold within the first 24


Read More
Chinese app developers eye Southeast Asia for growth as home market matures

China’s app developers are increasingly shifting their focus overseas for new sources of traffic growth, with Southeast Asia as a key target given the high growth rates in the economies across this region and their tech-savvy


Read More