Casey Hall
Stories by Casey Hall
Alibaba’s work communication platform DingTalk may split from cloud unit
DingTalk may pursue its own IPO in the near future.
Bumpy road for China’s ride-hailing drivers as economy slows
Analysts see the more than 7% increase in the number of drivers as a manifestation of the subdued job market.
Alibaba posts strongest quarterly revenue growth in almost two years in Q1
The Chinese e-commerce giant posted first-quarter revenue of $32.29b, up 14% YoY.
China’s CellX pilots lab-grown meat production, eyes US & SG markets
The company is among a handful of front runners in lab-grown meat production in China.
Alibaba’s Daniel Zhang to focus on cloud business ahead of expected spinoff
Analysts have estimated the cloud unit to be worth $41 billion to $60 billion
JD.com sales during China shopping festival beat expectations
It saw sales rise 6-8% over the 618 festival period that ran from late May through to Sunday evening.
China Telecom invests $434m to establish quantum technology group
The investment marks the latest move by a Chinese telecommunications giant to try to tap into quantum technology.
Meituan returns to profit as Q1 revenue beats estimates
Analysts said Meituan had a competitive edge in the food delivery space.
Chinese discount e-commerce platform Temu expands to Europe
The Temu.com website now shows all of these markets on its location drop down menu.
Chinese food delivery giant Meituan beats Q4 estimates with 21.4% revenue jump
Its Q4 revenue from core local commerce, Meituan Instashopping, rose 17.4%