Alibaba in EL PAÍS English

The new Chinese giant is already positioned as the most downloaded app in several countries, with the firm already expecting global sales worth $13 billion annually. Users are torn between doubts and the low prices

Pinduoduo workers at the company's headquarters in Shanghai.

Technology

The Chinese company that wants you to buy like a billionaire is scrambling to avoid a US ban

Inma Bonet Bailén|Pekín|Jun 28, 2023 - 11:17 CEST

PDD Holdings, the parent of e-commerce platform Pinduoduo and Temu app, moved its headquarters to Ireland due to growing American suspicion of China’s tech companies

Trader works at the post where Alibaba is traded on the floor of the New York Stock Exchange in New York City, on March 28, 2023.

E-commerce

Alibaba to split itself into six business groups

AP|New York|Mar 28, 2023 - 17:21 CEST

The announcement comes as the Chinese e-commerce company attempts to become more nimble in reacting to changes in the market and increase the value of those units

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Alibaba

Temu, a rival of Shein and Amazon, is revolutionizing online commerce

The Chinese company that wants you to buy like a billionaire is scrambling to avoid a US ban

Alibaba to split itself into six business groups

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