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AFP
May 15, 2025

China’s Alibaba says annual revenue up six percent year-on-year

The Alibaba’s revenue during the fiscal year ended March 31 totalled 996.3 billion yuan ($138.2 billion), according to results posted to the Hong Kong Stock Exchange.

Business

Reuters
Apr 09, 2025

In China, whispers of change as some companies tell staff to work less

A State Council action plan to boost consumer spending unveiled in March said workers’ rights to rest and vacation should be guaranteed and paid leave should be encouraged. State media have also run articles making those points.

Business

Hum News
Feb 25, 2025

Alibaba to release open-source version of video generating AI model

Alibaba introduces its latest version of video and image-generating AI model in January, renaming it Wan from Wanx, touting the model’s ability.

Business

Reuters
Feb 20, 2025

Alibaba’s strong year-end sales help to drive revenue rebound

Alibaba reports third-quarter revenues just above the analysts’ estimates on strong year-end sales.

Business

Web Desk
Jan 27, 2025

Temu lands in Pakistan: can it become the next Daraz?

The platform’s rise in popularity can be attributed to its extensive marketing, especially through social media ads.

Latest

Web Desk
Mar 05, 2024

iPhone sales in China drop 24% amidst Huawei’s rising demand

In the first six weeks of 2024, Apple experienced a significant setback in China as iPhone sales plummeted by 24 per cent year-on-year.