Can Google’s week get any worse? Less than a day after the revelation that it is planning a censored search engine for China, so comes another: the U.S. firm is said to be developing a government-friendly news app for the country, where its search engine and other services remain blocked. That’s according to The Information which reports […]
View More There’s more: Google is also said to be developing a censored news app for ChinaCategory: JD.com
Starbucks partners with Alibaba on coffee delivery to boost China business
Starbucks is palling up with Alibaba as it seeks to rediscover growth for its business in China. China has been a bright spot for some time for the U.S. coffee giant, but lately it has struggled to maintain growth — its China business dragged on its Q3 financials — and it is up against some […]
View More Starbucks partners with Alibaba on coffee delivery to boost China businessGoogle is reportedly planning a censorship-friendly search service for China
Google’s search service could be poised to make a dramatic return to China next year, according to an explosive report from The Intercept. Google yanked its search service from China in 2010 in the face of pressure over censorship, but now the publication reports that it has developed a censored version that could launch in […]
View More Google is reportedly planning a censorship-friendly search service for ChinaThe incredible rise of Pinduoduo, China’s newest force in e-commerce
Editor’s note: This post originally appeared on TechNode, an editorial partner of TechCrunch based in China. From Alibaba to JD, China is not short of e-commerce powerhouses. Although the country’s e-commerce market is highly consolidated, it’s not impossible for startup teams to crack this market as long as they are solving the right problems for […]
View More The incredible rise of Pinduoduo, China’s newest force in e-commerceBeleaguered electric vehicle firm Faraday Future gets $2B investment boost
There’s a rare moment of cheer for floundering electric car maker Faraday Future after it landed a new investor and a fresh commitment of capital. Evergrande Health, a division of Hong Kong-listed Evergrande, has taken a 45 percent stake in Faraday Future in a deal worth a total of $2 billion. Evergrande Health has taken over an […]
View More Beleaguered electric vehicle firm Faraday Future gets $2B investment boostGoogle makes $550M strategic investment in Chinese e-commerce firm JD.com
Google has been increasing its presence in China in recent times, and today it has continued that push by agreeing to a strategic partnership with e-commerce firm JD.com which will see Google purchase $550 million of shares in the Chinese firm. Google has made investments in China, released products there and opened up offices that […]
View More Google makes $550M strategic investment in Chinese e-commerce firm JD.comAlibaba doubles down on logistics with $1.4B investment in Chinese courier ZTO
Alibaba is doubling down on logistics after it led a $1.38 billion investment in Chinese courier firm ZTO Express alongside Alibaba logistics affiliate Cainiao. ZTO went public on the NYSE in 2016 raising $1.4 billion from what was the year’s largest IPO in the U.S. The Shanghai-based company claims to be one of China’s largest […]
View More Alibaba doubles down on logistics with $1.4B investment in Chinese courier ZTOInsurance giant Allianz confirms $35M investment in Asian ride-sharing unicorn Go-Jek
German insurance giant Allianz is following Google and Tencent by backing Go-Jek, the Indonesia-based ride-hailing and local services company valued at over $4.5 billion, after it announced an investment. The money comes from Allianz X, the firm’s digital investment arm, which confirmed it put in $35 million in what is its first deal in Southeast Asia. The […]
View More Insurance giant Allianz confirms $35M investment in Asian ride-sharing unicorn Go-JekWalmart brings its partnership with JD.com into the food business
Walmart is bringing its partnership with JD.com into its grocery business. The Chinese physical store will stock products that customers can also buy through its Walmart’s virtual storefront on the Chinese electronic marketplace, JD.com, according to a report in Reuters. Walmart first partnered with JD.com two years ago as both companies struggled to overcome the […]
View More Walmart brings its partnership with JD.com into the food businessAlibaba rival JD.com posts first annual profit as a public company
When you hear ‘e-commerce in China’ you’ll probably ‘Alibaba,’ but another company is making progress to challenge the assumption that $450-billion company is China’s only online retail giant. JD.com, the nearest e-commerce competitor to Alibaba in China, has reported its first year of profitability as a public company. The Beijing-headquartered company… Read More
JD.com’s new accelerator focuses on blockchain startups
JD.com, one of China’s largest e-commerce companies, is launching a new Beijing-based accelerator program for artificial intelligence and blockchain startups. Called AI Catapult, its first batch includes six companies: Bankorus, CanYa, Bluezelle, Nuggets, Republic Protocol and Devery. Read More
JD.com’s new accelerator focuses on blockchain startups
JD.com, one of China’s largest e-commerce companies, is launching a new Beijing-based accelerator program for artificial intelligence and blockchain startups. Called AI Catapult, its first batch includes six companies: Bankorus, CanYa, Bluezelle, Nuggets, Republic Protocol and Devery. Read More