China is making it much easier for foreigners to use mobile pay
BEIJING — Foreign visitors to China can now spend up to $2,000 a year using the mobile app Alipay without…
After doubts about Alibaba’s future, co-founder Joe Tsai says: ‘We’re back’
Chinese e-commerce giant Alibaba is back on track to be a top market player after a period of pressure, co-founder…
China’s VC playbook is undergoing a sea change as U.S. IPO exits get tougher
BEIJING — Venture capitalists in China that once rose to fame with giant U.S. IPOs of consumer companies are under…
China’s central bank encourages local businesses to accept foreign payment cards
BEIJING — China is encouraging banks and local businesses to accept foreign bank cards and is considering other steps to…
Alibaba-backed Xreal, rival to Apple’s Vision Pro, claims it’s now an AR glasses unicorn
BEIJING — Alibaba-backed augmented reality glasses company Xreal said Monday it received $60 million in new funding, giving the company…
Alibaba was once a Wall Street darling. After plunging 75% over three years, what’s next?
BEIJING — It’s been a tumultuous 12 months for Alibaba, casting doubt on the future of the tech giant just…
