What Do Chinese Consumers Want? Walmart Can’t Figure It Out.
Walmart Inc. opened its first store in China in 1996, a sprawling supercenter in the Hong Kong border city of Shenzhen. It has been working to find the right strategy…
What Do Chinese Consumers Want? Walmart Can’t Figure It Out.
Walmart Inc. opened its first store in China in 1996, a sprawling supercenter in the Hong Kong border city of Shenzhen. It has been working to find the right strategy…
Didi Ends Tumultuous Run as a New York-Listed Company
Didi Global Inc.’s DIDI -2.97% bumpy ride in the U.S. public markets is over—after 11 months. The ride-hailing company marked its last day as a New York Stock Exchange-traded company…
Chinese Internet Stocks Hit Three-Month High
Chinese internet stocks jumped to a three-month high after regulators in China cleared dozens of videogames for release, a move investors welcomed as a new sign that Beijing is softening…
Jack Ma’s Ant Group Revamps Its Board
Ant Group Co., the Chinese financial-technology giant controlled by billionaire Jack Ma, disclosed that the chairman of the Hong Kong stock exchange’s operator has joined its board, as the company…
SoftBank Lost $13.2 Billion on Tech Investments Amid Selloff
TOKYO— SoftBank Group Corp. 9984 12.22% , one of the world’s most aggressive high-tech investors, said Thursday it lost more money in its last fiscal year than it ever has—$13.2…
SoftBank Loses $26 Billion on Tech Investments Amid Selloff
TOKYO— SoftBank Group Corp. on Thursday reported an enormous $26.2 billion loss on its big portfolio of technology companies in the first three months of the year, as the company…
Shanghai’s Covid Lockdown Leaves Thousands Sleeping in Its Streets
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China Plans Reprieve for Tech Giants, Including Delaying New Rules, as Economy Slows
SINGAPORE—China is preparing to hit pause on its monthslong campaign against technology companies, according to people familiar with the matter, as officials seek to arrest a rapid deterioration in the…
China Plans Reprieve for Tech Giants, Including Delaying New Rules, as Economy Slows
SINGAPORE—China is preparing to hit pause on its monthslong campaign against technology companies, according to people familiar with the matter, as officials seek to arrest a rapid deterioration in the…
