Cate Cadell
Stories by Cate Cadell
Alibaba cuts sales forecast on economic uncertainty, trade fears
The move comes ahead of Singles' Day which last year netted the firm over $25 billion in sales.
China’s Airbnb rival Xiaozhu raises $300m from Jack Ma’s Yunfeng Capital
The company's top rival, Tujia.com, raised $300 million in October 2017 and is backed by Chinese travel-giant Ctrip.com International.
JD.com CEO to skip Shanghai tech forum after rape allegation
Since returning to China, Liu has appeared at small signing events on behalf of the company but is yet to attend a high-profile public event.
Xiaomi creates new leadership roles as part of CEO succession planning
The changes come less than a week after Jack Ma said he would step down as chairman of Alibaba in a year and hand the reins to CEO Daniel Zhang.
Facebook quietly sets up subsidiary in China despite hardening censorship
The subsidiary is registered in Hangzhou, home of e-commerce giant Alibaba Group Holding Ltd
Alibaba-owned food delivery firm Ele.me to spend $440m to fight competition
Alibaba is beefing up Ele.me's war chest at a time when top competitor, Meituan Dianping, is preparing for a $4-billion HK listing.
Didi Chuxing bags $500m funding from Booking.com parent
Customers on Booking Holdings' websites, including Booking.com and Agoda, will be able to hail Didi cars through existing apps as part of the agreemen
Baidu top exec behind firm’s AI drive to step down
Lu is the latest in a series of high-profile AI experts to leave the company in the past year, amid fierce global competition for talent in the field.
JD.com picks 33% stake in insurer Allianz’s China unit for $85m
The investment will make JD.com the second largest shareholder in Allianz China, said the insurance firm in a filing.
Meituan Dianping to acquire bike-sharing giant Mobike for $2.7b
The deal will intensify the rivalry of their common backer Tencent Holdings with Alibaba Group.
