Shen Xinyue
Stories by Shen Xinyue
Where to now for Alibaba in the post-Jack Ma era?
While Ma was known as a visionary, his successor at Alibaba, CEO Daniel Zhang, is seen as far more pragmatic.
Chinese e-commerce giants fly abroad as growth slows at home
Tech firms hit by sluggish user growth, slowing revenue, COVID disruptions, and weakening consumption
Chinese video game developers mull overseas play amid shrinking revenues
Tencent, NetEase expand boundaries, create more jobs abroad
Chinese budget ice-cream, and tea franchise Mixue files for $918m Shenzhen IPO
Mixue plans to use the IPO proceeds to build production lines and logistics centres.
Missfresh implosion highlights challenges facing online grocery sector
Fresh produce e-commerce is high-cost, low gross profit business, analysts say.
China’s largest duty-free retailer readies big-ticket Hong Kong IPO
The company shelved its first Hong Kong listing plan in December, citing poor market conditions.
Tiger Global-backed Chinese online grocer Missfresh shutters core instant-delivery business
Missfresh is thought to owe its suppliers over1 billion yuan in unpaid debts.
Moutai Group relinquishes control of unit, removing hurdle to IPO
The deal will allow Moutai Group to revive a plan to spin off the subsidiary.
Founder Richard Liu sells JD.com stake worth about $932m in past month
Liu now holds around a 10.9% stake.
JD.com shrinks its money-losing group buying business Jingxi Pinpin
Jingxi Pinpin had launched as a WeChat-embedded mini programme on Jan. 1, 2021.