The Digital Source For China's Tech Innovation Since 2000

Search
Close

Alibaba Downplays Singles Day for a Tense Time in China

November 11, 2021
Source: timesofnews.com timesofnews.com
News Snapshot:
Another new watchword for Chinese capitalists is “ common prosperity ,” or a more equitable distribution of wealth. Shortly after Mr. Xi endorsed the theme in August, Alibaba committed $15.5 billion to “common prosperity” goals. A few weeks later, the company’s chief executive, Daniel Zhang, added “common prosperity” to Alibaba’s “ core corporate responsibilities .” One way Alibaba says it is playing its part is by offering more support to the small businesses in China that sell on its platforms. Wei Wei, 35, is a co-founder of Beats Per Minute 120, a brand of colorfully patterned socks. For small sellers...
Go To Original Source →
Tags: Alibaba | Beats | brand | Business | ByteDance | China | Chinese | customer | distribution | Douyin | executive | Founder | HTML | IT | online shopping | online video | sales | Singles Day | social media | technology | TikTok

Other Related News:

Chinese robotic dog maker Unitree distances itself from Russian report showing a mounted rocket launcher 'SCMP' News Summary (Hong Kong) BEAMSTART

August 17, 2022

Chinese e-commerce market set to overtake US in total customer spending

August 17, 2022

Photo Prints Market is booming Globally with Top key players-Ifolor, Orwo, Walmart Photo, CEWE, Amazon Prints, Fujifilm, Bay Photo Lab, District Photo, Albumprinter(Cimpress), Office Depot, Xiangshenghang, Pro Lab, Allcop, Process One Photo, China-Hongkong Photo, CVS Photo, Mpix, Kim Tian Colour, Vistek, Nations Photo Lab, Kallos Studio, Walgreens Photo

August 17, 2022

Beijing forces digital giants to reveal their algorithms

August 17, 2022

Chinese tech company reveals robot weeks before Tesla

August 17, 2022

Chinese power cuts to have ‘little impact’ on production: Hon Hai

August 17, 2022

Tencent looks overseas for video gaming growth as home market cools under tech crackdown 'SCMP' News Summary (Hong Kong) BEAMSTART

August 17, 2022

Tencent looks overseas for video gaming growth as home market cools under tech crackdown

August 17, 2022

[Doujinshi] [Camrism (Kito Sakeru)] Kusozako Manko Kyaru-chan to Kusozako Chinpo Kishi-kun ? ? (Princess Connect! Re:Dive) [Chinese] [?] [Digital]

August 17, 2022
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
Menu
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2022 ChinaTechNews.com. A Service of Asia Media Network.
Twitter
Posting....