April 04, 2023
L’Oreal Sets Eyes on Chinese Consumers, Buys Luxury Brand Aesop
L’Oreal’s acquisition of the Australian luxury brand Aesop from Natura & Co., announced Monday (April 3), for an enterprise value of $2.53 billion, sets L’Oreal to expand its presence in...
March 30, 2023
Report: Alibaba Preparing IPO for $20 Billion Logistics Unit
China’s Alibaba Group is reportedly planning to take its logistics business public. The tech giant is in discussions with banks for an initial public offering (IPO) for its Cainiao Smart...
March 29, 2023
Alibaba’s Split Signals Shift in China Big Tech Approach, or...
In an ambitious and far reaching move, China is signaling a new approach to Big Tech. And by extension, entrepreneurship and innovation will blossom. Split six ways, you might say...
March 29, 2023
Highlights and Issues Concerning the Amendment of China’s Antimonopoly Law
The first amendment to the Anti-Monopoly Law of the PRC came into effect in August 2022 since it was promulgated in 2007. From a macro perspective, this amendment emphasizes the...
March 28, 2023
Alibaba Divides Kingdom Into Six Pieces
Alibaba Group is splitting into six pieces with plans to take these new businesses public. The Chinese eCommerce company said Tuesday (March 28) it was undergoing the biggest revamp in...
March 23, 2023
Who is a Competitor Under Section 8?
The Department of Justice Antitrust Division has recently been investigating public companies for possible violations of Section 8 of the Clayton Act, 15 U.S.C. § 19, based on information listed...
March 20, 2023
Provider Ranking of Shopping Apps Goes on a Spree of...
What’s better than a shopping app? Air. Maybe. See if you don’t agree after perusing this month’s latest listings to see who’s got the mobile shopping mojo. The Top 5...
March 20, 2023
Temu Parent’s Merchandise Sales Fall 29% Amid China’s Slow Recovery
China’s PDD Holdings is the latest company feeling the effects of the country’s COVID recovery. On Monday (March 20), the eCommerce firm released quarterly and full-year earnings showing its revenues increasing, driven primarily by...
March 10, 2023
Retailers Say Chinese Consumer Spending Has Not Yet Recovered From...
China’s consumer spending hasn’t seen the surge many expected after the lifting of COVID-19 restrictions. In recent comments, the CEOs of eCommerce firms JD.com and Alibaba said the country’s consumer...
