Labour Day holiday

Alibaba shows strong momentum during 618 shopping festival, as chairman Joe Tsai eyes return to double-digit revenue growth

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Alibaba shows strong momentum during 618 shopping festival, as chairman Joe Tsai eyes return to double-digit revenue growth

About 185 brands – including major smartphone vendors Apple, Xiaomi and Huawei Technologies – have each achieved more than 100 million yuan (US$13.8 million) in gross merchandise value, while 37,000 other brands doubled sales year on year as of 9pm on May 31, the latest data released by Alibaba e-commerce unit Taobao and Tmall Group … Read more

Beijing steps up calls for disaster preparedness in southern China after dozens die amid severe rainfall

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Beijing steps up calls for disaster preparedness in southern China after dozens die amid severe rainfall

Beijing on Thursday ramped up calls for local authorities to step up disaster preparedness after dozens of people died in rain-hit southern Guangdong province. With more downpours expected in the region, central government emergency agencies have asked local departments of the water resources, natural resources and transport ministries to “closely monitor the rain and flood … Read more