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Alibaba Launches 'AliExpress Choice' Deep Discount Service

Alibaba Group, 2/28/23

AliExpress, a global retail marketplace operated by Chinese internet conglomerate Alibaba Group (NYSE: BABA; 9988.HK), officially announced today the launch of a new service, "AliExpress Choice," which will offer a curation of the best value products the platform has to offer and a new monthly shopping event "Choice Day." Read More

Alibaba's Cainiao to Build Intelligent Delivery Distribution Centers in Pakistan

Cainiao, 6/17/22

Cainiao, the logistics unit of Chinese internet conglomerate Alibaba Group (NYSE: BABA; 9988.HK), announced today in a WeChat post that it plans to build two intelligent delivery distribution centers in Pakistan. Read More

JD.com to Start 2023 Singles Day Sale October 23, Showcasing Low Prices

JD.com, 10/20/21

Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) has announced its 2023 Singles' Day Grand Promotion will kick off on October 23 at 8 p.m. Read More

Changjiang, Taiwanese Chip Makers Ally in Bid to Become Apple's Top Memory Supplier

Jiweinet, 4/30/18

Memory chip maker Changjiang Storage Technology, a subsidiary of state-backed private equity firm Tsinghua Unigroup, has recruited Taiwanese chip manufacturers Phison Electronics, Siliconware Precision Industries, and ChipMOS Technologies into a memory industry alliance in order to expand its manufacturing capacity. Read More

Unigroup Releases High-performance Flash Memory Products for Consumers, Enterprises

China Securities, 3/02/18

Unigroup Storage Technology (UNIC), a subsidiary of Tsinghua Unigroup, recently announced a series of high-performance flash memory products covering mobile device storage, notebook computer consumer-grade storage, and enterprise-grade storage for data centers and cloud computing platforms. Read More

Meitu Technology Launches Chat App 'Shanliao'

Sina Tech, 11/03/16

Xiamen-based photo editing product developer Meitu Technology has launched a new social networking app, Shanliao (literally "Flash Chat"), targeting younger users by offering multiple chat functionalities, including text, voice, emojis, pictures, video, and doodles. Read More

Tian Ge's Former CFO Joins Online Rebate Site Fanli

Tencent Tech, 8/05/15

Paul Keung, former CFO of Hangzhou-based online interactive video platform operator Tian Ge Interactive Holdings (1980.HK), will be appointed as CFO of Shanghai-based online rebate and rebate-based flash sale firm Fanli. Read More

Juhuasuan to Shift to Brand-based Flash Sales Model

Ebrun.com, 9/30/14

Wang Licheng, head of Alibaba Group's (NYSE: BABA) group buy site Juhuasuan, has announced at a company event that Juhuasuan will transition to a flash sales model focusing on brand name products, moving away from the company's current group buy-focused model. Read More

Tmall Introduces Imported Product Flash Sales Platform

Sina Tech, 7/09/14

Tmall International (Tmall.hk), the international products site of Alibaba Group's B2C e-commerce site Tmall, has announced the launch of a "Worldwide Flash Sales" platform, featuring "flash sales" and "overseas products" channels. Read More

Vipshop's Small Loans Subsidiary Approved

TechWeb, 7/04/14

Chinese B2C brand-name discount site Vipshop (NYSE: VIPS) has received licensing approval from the Guangdong Provincial Finance Office to set up a small loans subsidiary. Read More