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Media center
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Biz updates
  • China's largest bank posts revenue drop in first three quarters

    2016-10-29China's largest bank, the Industrial and Commercial Bank of China (ICBC), reported a year-on-year drop in revenue in the first three quarters on Friday.

  • Amazon launches new shipping program in China

    2016-10-29Amazon.com Inc announced on Friday the launch of its membership program in China in an attempt to use a tailor-made free cross-border shipping service to compete with local e-commerce rivals, such as Alibaba Group Holding Ltd.

  • Wal-Mart strengthening strategic cooperation with JD

    2016-10-20Wal-Mart Stores Inc said on Wednesday in Beijing that it plans to take further steps to deepen its strategic cooperation with JD.com Inc, one of China's leading e-commerce marketplaces, as the world's largest retailer plans to further tap the retail market in China.

  • Xiaomi eyes big Indian prospects

    2016-10-20

    Xiaomi Corp aims to become the largest smartphone vendor in India over the next three to five years, after it sold more than 1 million handsets within 18 days in the world's fastest-growing handset market.

  • JD.com unveils 'smart logistics' strategy to further deploy autonomous delivery service

    2016-10-17Autonomous robots are once again top priority for the Chinese e-commerce industry.

  • Electric car development roadmap to be unveiled

    2016-10-17In December, China will release the first new energy vehicle industry development roadmap.

  • Internet now the wealth creator

    2016-10-17That internet entrepreneurs dominate the list of the 100 richest people to some extent reflects the rise of the Internet Plus economy in China.

  • Youdao CEO announces new online courses

    2016-10-13Youdao, a popular online dictionary and translation brand under NetEase Inc, a leading Chinese IT company, announced a plan to release a series of online courses in Beijing on Wednesday.

  • Alibaba to increase investment in video content

    2016-10-13Alibaba will increase investment in video contents to upgrade its family entertainment strategy after acquiring video-streaming site Youku Tudou Inc.

  • Hello Hollywood! says Alibaba with stake in Spielberg company

    2016-10-13Ma Yun, aka Jack Ma, is again showing his ambition to be part of the world movie business.

  • Tencent commits to enhanced coverage

    2016-10-13NBA China and Tencent Holdings Limited on Wednesday announced the launch of the first NBA League Pass in China.

  • Baidu sets up massive investment fund

    2016-10-13Baidu Inc said on Wednesday that it has established a multi billion-dollar investment fund, a move to help the company obtain promising internet assets, an area in which the Chinese online search giant trails behind its rivals.

  • Jack Ma and Spielberg work together to tell Chinese stories

    2016-10-09The film offshoot of e-commerce giant Alibaba Group has purchased a minority stake into Amblin Partners, the production outfit backed by Steven Spielberg, to work together to not only bring Hollywood movies to China but also tell Chinese stories to the world.

  • Apps aiding foreigners with internet shopping

    2016-10-09Dee Prichard has lived in China for four years and started shopping with WeChat Wallet, an online payment service, about 12 months ago.

  • Baidu ventures $200m bet on AI

    2016-09-18Baidu Inc has launched its first venture capital firm focusing on artificial intelligence, becoming the Chinese internet company's latest effort to stake a spot in the burgeoning technology field.

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