Casey Hall
Stories by Casey Hall
PDD Holdings’ revenues hit by intense China competition, challenges abroad
The company is facing stiff competition from e-commerce industry leaders Alibaba and JD.com.
Alibaba shares open at three year-high as revenue beats estimates
Ryan Cohen said to have increased his personal stake in Alibaba to roughly $1b in recent months.
Alibaba beats revenue estimates with strong year-end sales
Alibaba's domestic e-commerce business Taobao and Tmall Group posted a 5% revenue growth in Q3.
China’s Instagram-like Xiaohongshu finally gets its e-commerce strategy right
Brands are finally seeing sales breaking through this year.
China’s Mao Geping Cosmetics looking to raise up to $270m in Hong Kong IPO
Six cornerstone investors have subscribed for $100m worth of shares led by CPE and Loyal Valley.
Chinese food delivery giant Meituan beats Q3 revenue estimates
Meituan posted a 22.4% rise in Q3 revenue, defying sluggish Chinese consumption.
Alibaba merges e-commerce arms amid growing competition
The Alibaba E-commerce Business Group brings together the Taobao and Tmall Group and AIDC Group.
China’s Alibaba beats quarterly profit estimates but misses revenue targets
Alibaba is facing stiff competition from discount-based retailers such as Pinduoduo and Douyin.
ByteDance owner Zhang Yiming jumps to top of China’s rich list
Third on the list was Tencent founder Pony Ma, while PDD Holdings's Colin Huang slipped to fourth place.
Private tutoring firms emerge from the shadows as China looks to revive flagging economy
China prohibited for-profit tutoring in 2021 to ease pressure on parents and students.
