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Ecommerce

Ant Founder Jack Ma Faces Backlash From Regulators [Video]

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Jack Ma is getting a lesson about who is in charge.

Chinese regulators on Tuesday suspended the $34 billion initial public offering of Ant Group, the online-finance operation carved out of e-commerce giant Alibaba Group, just two days ahead of what was planned to be the world’s largest-ever initial public offering.

The extraordinary regulatory…

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Ecommerce

Here's how to keep yourself safe while online shopping for Christmas deals [Video]

It's the most wonderful time of the year... if you're a scammer. With online retail becoming an even more enticing option during the pandemic, cyber security experts are warning Christmas shoppers to protect themselves.

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Ecommerce

Reports of rising retail sales suggest Chinese consumers have shaken off coronavirus worry, but the recovery is by no means complete, and spending that has grabbed headlines masks a deeper malaise