Thursday, January 28, 2021

Alibaba’s Hong Kong listing and Tencent’s new fuel – TechCrunch

Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world....

Alibaba to invest $3.3B to bump its stake in logistics unit Cainiao – TechCrunch

Alibaba is doubling down on its logistics affiliate Cainiao, two years after acquiring a majority stake in the firm. The Chinese giant said today it would invest an additional 23.3...