Alibaba

NFTs seem to have escaped Beijing’s ire for anything decentralized, and Sino Global Capital thinks there is more growth coming for NFTs in China. The asset class has been adopted by a number of wealthy Chinese people, and AliBaba has also set up an NFT exchange. In addition to Alibaba,…

NEW YORK, Sept. 7, 2021 /PRNewswire/ -- The online furniture market is set to grow by USD 84. NEW YORK, Sept. 7, 2021 /PRNewswire/ -- The online furniture market is set to grow by USD 84.26 billion, decelerating at a CAGR of almost 16% during 2020-2024. The report offers an up-to-date analysis…

Prosecutors in China’s Jinan city said on Monday night that their probe into the alleged sexual misconduct by a former Alibaba manager did not constitute a crime. Local police later said on Weibo that they will no longer pursue a criminal investigation. The suspect, Wang Chengwen, was placed in administrative…

Chinese prosecutors have dropped charges against a former Alibaba employee accused of raping a female colleague, underscoring the difficulties of prosecutions and convictions involving sexual abuse cases. Police in the northeastern city of Jinan — where the alleged incident took place — said Monday that the ex-manager surnamed Wang was…

The aftermath of a sexual assault case at Alibaba and the Thai insurtech startup that caught Tencent’s eyeRead More

Jorge Masvidal’s second Gamebred Fighting Championship event will no longer take place next weekend. Gamebred FC 2 was scheduled to take place in Biloxi, Miss., on Sept. 11, but the impact of Hurricane Ida has forced the bare-knuckle MMA company to postpone the card, Masvidal announced via Instagram on Friday.…

(AP) China’s government banned effeminate men on TV and told broadcasters Thursday to promote “revolutionary culture,” broadening a campaign to tighten control over business and society and enforce official morality.President Xi Jinping has called for a “national rejuvenation,” with tighter Communist Party control of business, education, culture and religion. Companies…

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China Tech Stocks Drop as Alibaba’s Donation Worries Investors Chinese expertise shares have been on tempo to snap a four-day rally, as traders remained cautious over new clampdowns coupled with the influence of Alibaba Group Holding Ltd.’s giant donation on its stability sheet. The Hang Seng Tech Index dropped 1.2%…