Nearly $800 million worth of fentanyl pills were illegally sold to online customers in the United States over two years by Chinese distributors who took advantage of internet anonymity and an explosive growth in e-commerce, according to a Senate...
China’s Singles’ Day online discount sales bonanza on Saturday saw bargain-hungry buyers spend over $38 billion, flooding the postal and courier businesses with around 331 million packages - and leaving an estimated 160,000 tonnes of packaging...
Amazon (AMZN, Tech30)'s move to swallow Whole Foods for $13.7 billion grabbed attention in the U.S., and the internet giant has also been dabbling in cashier-less grocery stores. But experts say China is already ahead of the curve.
Just weeks after making 300,000 brollies available to the public via a rental scheme, Sharing E Umbrella announced that most of them had gone missing, news website The Paper reported on Thursday.
The Alibaba Group signaled on Thursday that for all the global worries about China’s rising debt and bloated state industries, its economy still enjoys a strong pillar of support: online shoppers.
China’s online-retail giant once again broke its sales record on the shopping day it helped create
One strategy Alibaba has for trying to stem the economic slowdown is to make sure as many of China’s 1.3 billion people as possible can shop online.
Alibaba on Tuesday named J. Michael Evans, who already serves on its board, as its president.
Prime Day is "Amazon's effort to try and capture the magic that Alibaba has captured with its November 11 Singles' Day promotion," said Kevin Carter, founder of EMQQ
Anchored by Alipay, the dominant Chinese electronic payments system that works closely with Alibaba and is controlled by its executives, the world's largest Internet retailer is using the calling card of China's consumers to attract U.S. partners...
If Baidu does put money into Uber, it will be a significant expansion of its international portfolio of products and investments. Baidu has focused on emerging markets, including Southeast Asia, Egypt and Brazil, where it recently acquired e-...
China now accounts for two of the six companies with the highest online media revenues and four of the 10 fastest-growing, according to a report from the global research and advisory company Strategy Analytics.
From 2003 to 2013, the number of county-level e-commerce merchants grew from tens of thousands to hundreds of thousands, and to millions.
Alibaba announced its partnership with five agencies at a news conference Tuesday. On the same day, Xinhua reported that China’s top legislature is considering amending the country’s consumer-rights law to protect online shoppers....
