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China roundup: Beijing is tearing down the digital ‘walled gardens’

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 in the rest of the world. This week, China gets seriou

China roundup: Beijing wants tech giants to shoulder more social responsibilities

This week, the gaming industry again became a target of Beijing, which imposed arguably the world's strictest limits on underage players. On the other hand, China's tech titans are hastily answering B

JD.com, Meituan and Neolix to test autonomous deliveries on Beijing public roads

People in a Beijing suburb will begin to see autonomous delivery mini-vans across their neighborhood, moving cautiously alongside human delivery riders belting down the streets. Beijing has greenlight

JD Logistics, China’s answer to Amazon’s logistics ambitions, to raise $3.4B in IPO

After operating in the red for 14 years, JD.com’s logistics subsidiary is getting ready for an initial public offering in Hong Kong. JD Logistics will price its share between HK$39.36 and HK$43.

Gojek and Tokopedia merge to form GoTo Group

Ride-hailing giant Gojek and marketplace Tokopedia, Indonesia’s two biggest startups, said on Monday they have combined their businesses to form GoTo Group, the largest technology group in the S

China’s e-commerce giant JD.com starts paying some staff in digital yuan

China’s plan to introduce its digital currency is getting a lot of help from its tech conglomerates. JD.com, a major Chinese online retailer that competes with Alibaba, said Monday that it has s

China gets serious about antitrust, fines Alibaba $2.75B

Chinese regulators have hit Alibaba with a record fine of 18 billion yuan (about $2.75 billion) for violating anti-monopoly rules as the country seeks to rein in the power of its largest internet cong

Instagram launches shopping in Reels, its TikTok rival

Instagram today is launching Shopping in Reels, its TikTok competitor. The new feature was announced in October as something the company had in the works, as part of a ongoing series of shopping-relat

How Alibaba and JD.com compare in their healthcare endeavors

China’s tech circle is shifting its attention to online healthcare this week as JD Health is set to go public in one of Hong Kong’s largest IPOs this year. Like Amazon, China’s e-com

TikTok’s Chinese rival Kuaishou becomes a popular online bazaar

In China, short video apps aren’t just for mindless time killing. These services are becoming online bazaars where users can examine products, see how they are grown and made and ask sellers que

JD.com’s 1-year-old health unicorn to get $830M from Hillhouse

In recent years, China’s online shopping titans have been muscling into the prescription drug market. When JD.com, Alibaba’s archrival, realized the health market spans well beyond retail,

Hong Kong fintech startup Qupital will offer services to eBay cross-border sellers

Qupital, a trade financing platform, said today that it has entered an agreement with eBay to be one of its officially recommended Hong Kong financing service providers. Qupital will provide offshore

China Roundup: Huawei targets cars, ByteDance enters Tencent’s backyard

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 in the rest of the world. This week, we have several h

Chinese e-commerce giant JD.com’s shares gain 5.7% in their Hong Kong debut

Chinese e-commerce giant JD.com’s shares rose 5.7% after opening at HKD $239 (about USD $30.80) during their first day of trading on the Hong Kong stock exchange. JD.com had originally priced the sh

China Roundup: Alibaba to add 5,000 staff to cloud unit

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 in the rest of the world. This week, we have updates f

China Roundup: SoftBank leads Didi’s $500M round and Meituan crosses $100B valuation

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 in the rest of the world. Last week, we had a barrage

China’s top short video apps and e-commerce giants pally up

JD.com, the online retailer that is Alibaba’s long-time nemesis, announced Wednesday a strategic partnership with Kuaishou, the main rival of TikTok’s sibling in China, Douyin. The collabo

A Chinese city to pump life into local business with WeChat live streaming

China is showing renewed interest in live streaming. As the coronavirus swept through the country and shut down premises in droves, businesses are turning online to drive sales. Many have adopted live

China Roundup: Enterprise tech gets a lasting boost from coronavirus outbreak

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 in the rest of the world. This week, a post from Sequ

Alibaba’s Singles’ Day sales top $38 billion

After 24 hours of frenzied buying and selling, and weeks of aggressive advertising and promotions before it, the Alibaba Group said today its sales hit another record high on Singles’ Day, the b
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