Search Results for:Cate Cadell CEO to skip Shanghai tech forum after rape allegation

Since returning to China, Liu has appeared at small signing events on behalf of the company but is yet to attend a high-profile public event.

Xiaomi creates new leadership roles as part of CEO succession planning

The changes come less than a week after Jack Ma said he would step down as chairman of Alibaba in a year and hand the reins to CEO Daniel Zhang.

Facebook quietly sets up subsidiary in China despite hardening censorship

The subsidiary is registered in Hangzhou, home of e-commerce giant Alibaba Group Holding Ltd

Alibaba-owned food delivery firm to spend $440m to fight competition

Alibaba is beefing up’s war chest at a time when top competitor, Meituan Dianping, is preparing for a $4-billion HK listing.

Didi Chuxing bags $500m funding from parent

Customers on Booking Holdings’ websites, including and Agoda, will be able to hail Didi cars through existing apps as part of the agreement.

Baidu top exec behind firm’s AI drive to step down

Lu is the latest in a series of high-profile AI experts to leave the company in the past year, amid fierce global competition for talent in the field. picks 33% stake in insurer Allianz’s China unit for $85m

The investment will make the second largest shareholder in Allianz China, said the insurance firm in a filing.

Meituan Dianping to acquire bike-sharing giant Mobike for $2.7b

The deal will intensify the rivalry of their common backer Tencent Holdings with Alibaba Group.

Meituan-Dianping to buy large stake in Chinese bike-sharing major Mobike

The deal was brokered by Pony Ma, chief executive of Tencent Holdings, a backer of both companies.

Alibaba to fully acquire $9.5b food delivery app

The acquisition enlarges Alibaba’s food delivery empire, which includes delivery platform Koubei, as it competes with Meituan-Dianping.