Chinese consumers spend over $100B during shopping festival
Chinese consumers spent over $100 billion during this year’s Singles’ Day shopping festival, signaling a rebound in consumption as ...
Tag: Alibaba
Ant Group’s $37 billion IPO suspended, shocking investors
China suspended Ant Group’s $37 billion stock market listing on Tuesday, thwarting the world’s largest IPO with just days ...
Alibaba buys out SunArt hypermarket chain in China | DW | 19.10.2020
Chinese e-commerce giant Alibaba has announced the $3.6 billion (€3 billion) purchase of a controlling stake in SunArt, the affiliate of French ...
