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BABA Mar 2025 65.000 call
- Reuters SG
UPDATE 1-Indonesia probing Shopee, Lazada units for alleged competition rule breaches
Indonesia's anti-trust agency said on Monday it is investigating the local units of e-commerce platforms Shopee and Lazada for suspected violations of anti-competition rules. The companies are PT Shopee Internasional Indonesia, and PT Ecart Webportal Indonesia, which oversee the domestic operations of Shopee and Lazada respectively. The agency did not elaborate on what the alleged breaches of anti-competition rules were.
- Investing.com
Alibaba's e-commerce platform AliExpress signs David Beckham as brand ambassador
Investing.com -- AliExpress, an e-commerce unit owned by Chinese giant Alibaba (NYSE:BABA), has announced that it has signed former England captain and soccer icon David Beckham as its global brand ambassador.
- South China Morning Post
ByteDance and Kuaishou see exodus of top AI experts to new ventures as China's unicorn boom looks for next OpenAI
Chinese social media giants ByteDance and Kuaishou Technology, which operate the country's two largest short video platforms, have seen an exodus of top artificial intelligence (AI) experts amid increased investor interest in start-ups that could become the next OpenAI, creator of ChatGPT. Yang Hongxia, who was involved in research and development of large language models (LLMs) at ByteDance, recently left the Beijing-based company to start preparing for her own AI projects, according to a repor
