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ANN/CHINA DAILY – Cainiao Group, the logistics arm of Chinese tech heavyweight Alibaba Group Holding Ltd, will speed up efforts to build global logistics networks and expand its footprint in Europe, North America and Southeast Asia, a top executive said on Friday, with the company looking to establish more local warehousing and distribution centres. The […]
Major Chinese e-commerce platforms including JD.com and Taobao have reported buoyant sales during this year's 618 mid-year shopping festival, further proof of a bounce back in consumer spending and manufacturing activity as China maintains a path to a full economic recovery.
Chinese express delivery and logistics companies are stepping up efforts to invest in logistics infrastructure globally and provide air cargo services, according to experts.
Selfie application company Meitu Inc is banking on the fast-growing paid subscription business and making a foray into the commercial photography, professional design and cosmetics segments as part of the company's broader push to diversify its monetization channels.
SHANGHAI - When Alibaba kicks off its Singles Day extravaganza on Monday (Oct 24), it will for the first time in years not be headlined by its two mega sales stars, casting a pall over China's biggest shopping event and leaving brands guessing how well they will do. The event, which the e-commerce giant has built up from a one...