Ding Yining

Business Reporter
Company

Alibaba pays US$2.9b for stake in Sun Art Retail

Alibaba's purchase of 36.16 percent of Sun Art is aimed at boosting the integration of the e-commerce giant's online and offline businesses.
Economy

The big spending party is over, long live Chinese consumerism!

The Singles Day shopping extravaganza, as predicted, was bigger than ever. What's left for consumers as well as merchants to think about before the next shopping season? 
Company

Baidu to roll out production of self-driving cars next year

The search engine giant will work with Xiamen King Long United Automotive Industry Co.
Company

Tencent posts better-than-expected earnings in Q3 on popularity of mobile games and social media apps

Company also actively seeks overseas revenue stream and alternative businesses beyond gaming and social media.
Economy

Singles Day's new sales record led by Alibaba's US$25.4b, up 39.5%

E-commerce retailers' affiliates including logistics, payment and cloud computing services beefed up efforts to deliver synergies to support the shopping bonanza. 
Economy

Stay 'awake' for Singles Day's spending spree

It took only three minutes for gross merchandise volume to hit 10 billion yuan (US$1.5 billion) for Tmall's Singles Day shopping festival.
Economy

Singles Day Spree Excites and Exasperates

Singles Day kicks off its ninth year this weekend, with sales expected to surpass the record US$17.8 billion reported by Alibaba in 2016.
Company

Weibo Q3 net profit surges 110%

Online advertising revenue is booming and analysts forecast a positive outlook for the microblogging site.
Company

Suning invests US$2.9 billion in Evergrande Group's subsidiary Hengda Real Estate

Suning Holding Co and Hengda Real Estate also agree to collaborate in several areas including commercial property development and financial services.
Company

Abbott launches first customer experience center in Shanghai

Abbott said it has launched its first customer experience center in Shanghai to boost its in vitro diagnosis business to tap the booming Chinese market and medical demand.
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