Sequoia’s Split Sends Warning to Every Company Doing US-China Business
Sequoia Capital’s plan to split itself into three separate regional firms represents a major shift at one the
2023-06-07 13:22
Pinduoduo Draws Short Sellers in China’s E-Commerce Price War
One of China’s most popular stock bets of the past year is unraveling fast, weighed by an intensifying
2023-06-07 10:26
Nvidia’s CEO Plans Trip to Meet China Executives Despite US Curbs
Nvidia Corp. Chief Executive Officer Jensen Huang is heading to China to meet with tech executives in the
2023-06-01 00:16
Baidu Creates $140 Million Fund to Back ChatGPT-Like Startups
Baidu Inc. has set aside 1 billion yuan ($140 million) to fund Chinese startups that explore generative AI,
2023-05-31 14:16
Third Point, Moore Led Hedge Funds Buying Alibaba Last Quarter
As famed money manager Michael Burry made headlines boosting bullish bets on stocks including Alibaba Group Holding Ltd.
2023-05-30 07:57
Alibaba Hiring 15,000 People, Pushes Back on Job Cut Reports
Alibaba Group Holding Ltd. said it plans to hire 15,000 people this year, pushing back on reports that
2023-05-26 08:24
Meituan’s Revenue Beats Estimates in China Spending Revival
Meituan’s revenue jumped a faster-than-anticipated 27% after a gradually stabilizing Chinese economy drove meal delivery and travel nationwide.
2023-05-25 17:53
SoftBank Fires Back After S&P Cuts Debt Rating Deeper Into Junk
SoftBank Group Corp. issued a sharp rebuke after S&P Global Ratings cut its long-term credit rating a notch
2023-05-24 09:22
ChatGPT: Can China overtake the US in the AI marathon?
Washington's efforts to limit China's access to crucial cutting-edge technology continue.
2023-05-24 05:22
Alibaba’s Cloud Arm to Cut 7% of Staff in Overhaul, Sources Say
Alibaba Group Holding Ltd.’s cloud division has begun a round of job cuts that could reduce its staff
2023-05-23 19:21
China Faces ‘Confidence Trap’ as Economic Recovery Falters
China’s economy is at risk of being caught in a confidence trap as the post-Covid recovery loses steam,
2023-05-19 10:22
Meituan Planning Hong Kong Debut as Soon as Monday, Sources Say
Meituan is set to launch a sister app in Hong Kong as soon as Monday, taking the world’s
2023-05-18 18:48