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Tag: NetEase

Retail Asia28/08/2019
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E-Tailing

Alibaba may buy Kaola from Netease

2min0
Alibaba and Chinese tech firm Netease are in talks on the internet giant’s potential acquisition of its cross-border e-commerce platform Kaola, which would be merged with Tmall. According to sources from the mainland, Alibaba may offer as much as US$2 billion for the business. “The deal would represent a step toward market consolidation in China’s […]
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Retail Asia16/11/2017
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E-Tailing

JD.com surprises with first profitable quarter

6min0
JD.com profit soared 50 per cent after a 39 per cent increase in sales during the Chinese online retailer’s latest quarter. Its unaudited results for the three months to the end of September show revenue of RMB83.7 billion (US$12.6 billion), with a record 50.3 per cent surge in gross profit to RMB13 billion. Non-GAAP gross […]
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Retail Asia23/03/2017
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E-Tailing

Tencent brand is still China’s most valuable

3min0
Chinese technology giant Tencent remains China’s most valuable brand, growing its worth 29 per cent to US$106 billion, according to the BrandZ top 100 most valuable Chinese brands report. It shows that technology brands continued to lead the way, with the Tencent brand strengthening its hold on the top spot thanks to the popularity of […]
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