Chinese e-commerce giant Alibaba Group Holding Ltd recorded Singles’ Day gross merchandise value (GMV) of 540.3 billion yuan ($84.54 billion) over the 11-day sales period, the company said on Friday.
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“Common Prosperity”: The Graft That Is Actually Powering China’s Politics
As China emerges from the annual meeting of high-level Communist Party appointees held in Beijing November 8-11, Xi Jinping has ramped up his efforts to be named ruler for life next year at the …
Branding the blockchain with Anthony Scott Logan
But in reality, blockchain technology and its underlying … among individual investors but more pertinently from governments, with China the biggest player banning crypto. Anthony Logan said …
Moviebook Highlights Its Digital Solutions for New Retail to Embrace China’s First Low-Carbon Double 11 Shopping Festival
As the first low-carbon Double 11 shopping festival concludes, Moviebook, a leading AI-powered intelligent video production infrastructure and service provider, has joined hands with diverse partners …
Could Evergrande debt default in China cause crypto markets to crash?
INVESTORS around the world are holding their breath as the Evergrande Group tries to avoid a default on its debt. We explain how a potential collapse could affect cryptocurrency markets – …
Top News of Nov 11: Big IPOs draining market liquidity; India rejects China’s claims and more
Here are the top news from the world of business, economics, politics and more, handcrafted for you by the CNBC-TV18.com team.
DiDi Aims To Relaunch Apps In China: Report
Uber Technologies (NYSE: UBER) counterpart DiDi Global Inc (NYSE: DIDI) aims to relaunch its ride-hailing and other apps in China by 2021 end betting on the completion of the Chinese regulatory …
Rivian’s Stellar IPO a Good Sign for Growing EV Market
Anthony Sassine, a senior investment strategist at KraneShares, joined Cheddar to discuss Rivian’s historic public debut after the company achieved an $86 billion valuation — more than either Ford or …
A year from Ant’s IPO shock and the ensuing regulatory crackdown: What are the takeaways?
It is now more than a year since the blockage of Ant Group’s IPO and exactly one year since the antitrust law was drafted, but the concerns over tighter regulations have only exacerbated. Since then,…
Asia’s crude oil refiners profit as China’s fuel exports fade
Stronger fuel demand has boosted profits at crude oil refineries across Asia in recent weeks, but they have also been given a helping hand by lower exports of refined products from regional …
With coal off the menu, can China export its renewables model?
Having said it will stop building coal power plants overseas, could China instead export its renewable energy model to developing nations?
China Adds to 2021 VLSFO Export Quotas
China’s authorities have expanded its refiners’ VLSFO export quotas for the rest of the year. Another 1 million mt of VLSFO can now be exported by CNPC, Sinopec and CNOOC for the remainder of 2021,…
China’s Crypto Ban Has Caused THESE 4 Stocks to Take Strategic Action
Weeks after exiting China, one of the world’s top crypto exchanges Huobi Global, announced it’s halting all services for its Singapore-based users, in response to Beijing’s crackdown on …
