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China Roundup: Alibaba’s Hong Kong listing and Tencent’s new fuel

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Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people...

Alibaba’s Singles’ Day sales top $38 billion

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After 24 hours of frenzied buying and selling, and weeks of aggressive advertising and promotions before it, the Alibaba Group said today its sales...

Jack Ma officially retires as Alibaba’s chairman

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Jack Ma stepped down as Alibaba’s chairman today, handing the role over to the company’s current CEO Daniel Zhang. The transition was announced a...

Hellobike, survivor of China’s bike-sharing craze, goes electric

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Just two years ago, investors were heavily pouring money into China’s dockless bike-sharing startups. Now that boom has busted with derelict bikes littering the...

Tencent CEO warns companies must keep innovating to survive amid US-China...

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On Tuesday, Tencent’s usually low-profile founder and CEO Pony Ma made rare comments to weigh in on escalating tensions between the United States and...

Yahoo spin-out Altaba is selling its entire Alibaba stake and closing...

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Bye-bye, Altaba. The Yahoo spin-out created to house Yahoo’s lucrative stake in Alibaba and Yahoo Japan announced today that it will sell its lucrative...

How a Chinese anti-virus software maker builds a fintech firm to...

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360 Finance, an online consumer loan platform that spun off from China’s anti-virus service giant 360 Group, has joined a raft of Chinese fintech...

China leaves Huawei founder off honor roll marking 40 years of...

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In the lead up to China’s 40th anniversary of reforms and opening up, People’s Daily, the mouthpiece of the ruling Communist Party, published a...

Alibaba and Amazon move over, we visited JD’s connected grocery store...

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The arms race to build the future of grocery stores is heating up in China. To no one’s surprise, the main contestants are the country’s...

Alibaba’s 11.11 Global Shopping Festival clocks a stellar $30.8 Bn in...

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Surpassing all it’s previous records, the Chinese conglomerate Alibaba, in its latest annual Single Day event, 11.11 Global Shopping Festival, has clocked $30.8 billion...