China’s Internet sector wrapped up the third quarter earnings season with its slowest growth on record.
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Each year, millions of people are left frustrated when their favourite e-commerce websites let them down. Yet there is no way for retailers to completely prevent system failures.
The Chinese Communist Party’s vision of a Web where governments pull the strings could wind up the model for the next billion users.
Ever since Chinese President Xi Jinping marked the opening of the first World Internet Conference in 2014, it was meant to usher in a new era of digital openness and project China as a champion of global cyber governance. Those promises are now starting to lie fallow.
Jack Ma, the co-founder of Alibaba Group and China’s richest man, gave a dire warning that the escalating trade war with the US is going to be severe and long-lived.
Alibaba Group chairman Jack Ma told The New York Times that he plans to step down from his role at the company on Monday, marking the end of an era at China’s e-commerce juggernaut.
China long celebrated Tencent as a national champion. Now the tech giant is getting a taste of what it’s like to be on the other side of government patronage.
The Chinese Internet giant, best known for its popular games and ubiquitous messaging services, has shed more than $150-billion in market value since a January peak.
Alibaba Group founder Jack Ma has used his first visit to South Africa to encourage governments in Africa to support small businesses to address the crippling challenge of unemployment.
The Chinese Internet giant, in which South Africa’s Naspers holds a 31.2% stake, has tumbled 25% from its January peak, erasing about $140-billion of market value.