Alibaba reports slower sales growth for Singles’ Day shopping

Chinese e-commerce giant Alibaba recently said that $84.5 billion worth of goods were sold on its platforms. Singles’ Day shopping festival That ended Thursday, an 8.5 percent increase from last year, and an indication that Beijing’s campaign to tighten regulations on internet companies has not dampened consumers’ enthusiasm for purchasing products online. Despite this, the …

Alibaba Downplays Singles’ Day in China for a Nervous Time

Singles’ Day was once the biggest, most shameless celebration of consumption in the world: starting with a confetti-filled gala, and brands, celebrity masters and Alibaba, the Chinese e-commerce giant at the center of it all. This Singles’ Day, an annual tradition of November 11, Chinese shoppers are still likely to buy a lot of things. …

Alibaba Manager Not Charged In China’s Last #MeToo Moment

Chinese police have freed a former Alibaba executive accused of rape by a colleague after prosecutors dismissed the charge, adding fuel to an episode that has shaken the Chinese tech industry and sparked a showdown for the nascent #MeToo movement. country. Authorities in the eastern Chinese city of Jinan said late Monday that the behavior …

Alibaba Rape Allegation Reveals China Tech’s Bad Side

Over the years, as Alibaba has gone from a grumpy Chinese startup to an e-commerce giant, some business units have welcomed new employees with an ice-breaking ceremony that worried many of those who put up with it. According to former employees, new hires were required to answer deeply personal questions about their first love, first …