(This story was refiled to clarify that Ma is resigning from Alibaba's chairmanship) | Video
HANGZHOU, China/SEOUL Apple Inc's new, lower priced iPhone that comes with a faster processor but lacks 5G technology disappointed Asia, where cheaper and feature-packed handsets from rivals are already available.
HANGZHOU/SHANGHAI, Sept 11 A lower price tag and new features may not be enough for Apple Inc to win customers for its newly-launched iPhone 11 series in China, the world's largest smartphone market that is already crowded with cheaper and feature-packed rival handsets.
SHANGHAI Alibaba Group chairman Jack Ma will step down from the Chinese firm on Tuesday, leaving his handpicked successor a daunting task of steering the $460 billion juggernaut at a time when the market for its core e-commerce business has slowed sharply. | Video
SHANGHAI, Sept 9 Alibaba Group chairman Jack Ma will step down from the Chinese firm on Tuesday, leaving his handpicked successor a daunting task of steering the $460 billion juggernaut at a time when the market for its core e-commerce business has slowed sharply.
SHANGHAI Alibaba Group has agreed to buy e-commerce business Kaola from Chinese gaming company NetEase for $2 billion, adding a platform that specializes in supplying curated luxury goods from abroad to domestic consumers.
SHANGHAI Chinese smartphone maker Xiaomi Corp announced a HK$12 billion ($1.53 billion) share buyback plan on Tuesday, in a reversal of its cash-management strategy that is aimed at boosting its floundering stock.
SHANGHAI ZAO - a new Chinese app that lets users swap their faces with celebrities, sports stars or anyone else in a video clip - racked up millions of downloads on the weekend but swiftly drew fire over privacy issues.
Hong Kong police fired tear gas on Sunday to break up pro-democracy protesters who trashed fittings at a railway station and shopping mall, the latest confrontation in more than three months of often violent unrest.