Catenaa, Friday, August 29, 2025- Alibaba Group reported a triple-digit percentage gain in revenue from China’s AI boom, providing a breath in for investors nervous about the competition with JD and Meituan. China’s e-commerce leader reported a triple-digit percentage gain in AI-related product revenue as well as a better-than-anticipated 26% jump in sales from the […]
Catenaa, Thursday, June 19, 2025- Chinese e-commerce giant JD.com announced plans to launch global stablecoin payment services to revolutionize cross-border transactions, aiming to cut settlement times to under 10 seconds and reduce costs by up to 90%. The initiative, led by JD.com founder Richard Liu, is part of a broader effort to rejuvenate the company’s […]
Catenaa, Monday, August 25, 2025- Chinese e-commerce firm PDD Holdings, which owns Temu, exceeded market estimates for quarterly revenue on Monday, showing a rebound in domestic demand and international business. The Chinese government has been seeking to boost domestic consumption to revive a sluggish economy that is navigating several pressures, including a weak property sector […]
Catenaa, Monday, May 05, 2025-Two Republican lawmakers are pressing the US Securities and Exchange Commission (SEC) to delist Alibaba Group and other major Chinese companies from American exchanges, citing concerns over ties to China’s military and the potential risk to national security, according to the Financial Times. John Moolenaar, chair of the House Select Committee […]