Millions sought food from the Alibaba's Freshippo after most supermarkets and stores shut, but the system was overloaded by a 200-300% rise in orders, company says
Brokerage and data provider E-House China said it continues to explore ways to secure the requisite funds to repay the 2022 Notes on the maturity date
An Alibaba affiliate sold more than $150 million of the tech giant's shares just days before Ant Group's US listing was cancelled, avoiding millions in losses.
Chinese regulators have told some of the country’s US-listed firms, including Alibaba, Baidu and JD.com, to prepare for more audit...
Tech shares surge after claims that Beijing will make concessions on auditing issues, while China shares ended higher on stimulus hopes
Alibaba powered Hang Seng's rise with its share repurchase plan, while China Eastern shares fell after one of its planes crashed on Monday
Alibaba could axe more than 15% of its workforce, or 39,000 staff, it’s claimed, as regulatory crackdowns and a slowing economy take their toll
Paytm’s chief Vijay Shekhar Sharma moved to reassure the markets as the Indian giant’s share price tumbled another 12% after reports of data leaks to Chinese firms
The PBOC uncovered violations during an inspection of WeChat Pay in late 2021. The payments network allegedly permitted the transfer and laundering of funds from illicit transactions, it said
Ratings agency’s analyst expects Meituan’s food delivery business to break even in 2022 but warns of the impact of further regulatory crackdowns
The food delivery service said it would commit an initial sum of 20 million yuan ($3.17 million) to the effort
Beijing has reportedly asked state firms to identify any links they have with billionaire Jack Ma's Ant Group