News

Archive for December, 2021

Categories : CDPI Emerging Markets
Dates : December 2021

Alibaba reorganises eCommerce biz to form 2 new units

December 9, 2021
Alibaba has reorganised its international and domestic commerce platforms into two units to better drive synergies – international digital commerce and China digital commerce. International digital commerce will bring together Alibaba’s overseas consumer-facing and wholesale businesses under the leadership of Fan Jiang, president of Taobao and Tmall. It will include AliExpress, Alibaba.com, and Lazada.
CDPI Emerging Markets

China isn’t letting Tencent update its apps or release new ones as part of its crackdown on big tech

December 2, 2021
Beijing has instructed Chinese tech giant Tencent to stop releasing any new apps or app updates so that the authorities can inspect its products, according to reports from multiple local outlets. This decision comes as China introduced a new privacy law this month that restricts what companies and individuals can do with personal data — the latest in the country’s crackdown on big tech’s once-unchecked growth.
CDPI Emerging Markets