Alibaba connects Taobao and 1688 to tap new users as fierce e-commerce competition ratchets higher

Alibaba Group Holding is integrating the services of its online wholesale marketplace 1688 with its flagship consumer shopping platform Taobao, as the e-commerce giant continues to consolidate assets amid internal restructuring and rising competition. Taobao has recently featured three online stores under the 1688 name as it pushes to win over new users, according to … Read more

Apple CEO Tim Cook meets BYD, other key mainland suppliers in Shanghai as US tech giant opens 57th China store

At Apple’s office in Shanghai, Cook on Wednesday met two billionaire company founders: Wang Chuanfu, the chairman and chief executive of the world’s largest electric vehicle maker BYD, and Zhou Qunfei, the chairwoman and chief executive of touch screen manufacturer Lens Technology. Also present at the meeting was Chen Xiaoshuo, chief executive at electronic components … Read more

Chinese consumers offered double-priced Apple Vision Pro mixed reality headsets in grey market ahead of official launch

Chinese consumers offered double-priced Apple Vision Pro mixed reality headsets in grey market ahead of official launch A grey market for Apple’s Vision Pro mixed reality headset is emerging in China, with resellers doubling the official price to lure enthusiasts ahead of its official release next month. Dozens of merchants are offering to ship supplies … Read more

Why are Chinese people buying calendars from 1996 in 2024?

Chinese people are rushing to buy calendars from 1996, which are identical to one for 2024 because both are leap years beginning on a Monday – a coincidence that has triggered nostalgia for the 1990s. Prices for the vintage calendars range from five yuan to more than 1,000 yuan (US$140) on Xianyu, China’s leading second-hand … Read more