Alibaba Partners with Rocket Firm for Lightning-Fast One-Hour Deliveries: The Future of E-Commerce?Alibaba teams up with rocket manufacturer for deliveryXZY-1: sea-landing and reusable rocketAlibaba.com initiates recruitment drive in South Korea Alibaba, the global e-commerce giant originating from China, has announced plans to collaborate with a Chinese rocket development company to launch a service that promises delivery of products anywhere in the world within just one hour. According […]
Why Has the Korean Government Decided to Regulate a Chinese Platform Used by 14 Million People? The South Korean government has recently announced that it is taking action against three Chinese platforms, Aliexpress, Temu, and Xinyin, which have been criticized for selling counterfeit goods. The government held an emergency economic ministerial meeting chaired by Vice Prime Minister and Minister of Strategy and Finance Choi Sang-mok at the Government Complex in Seoul on the 13th. At the meeting, the government announced the 'Overseas Online Platform Consumer Protection Measures'...
US Tech Companies Surge as Chinese Counterparts Struggle AsiaToday Washington Correspondent Harmanjoo Hamanjoo = The concentration of global funds in the United States is deepening to its highest level in 20 years, while outflows from China are heading to India, according to a new survey...
Alibaba's Change in E-commerce Leadership Sparks Speculation of Possible Sale China's Alibaba, which recently replaced the head of its e-commerce division in a shake-up, has been embroiled in talks to sell a major business. The company's performance has been sluggish due to a lack of consumer sentiment in China, and its market position has been shaken by the rise of new competitors such as Pindududu (PDD Holdings)...
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