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Jack Ma says he isn’t about to retire from Alibaba but is planning a gradual succession – TechCrunch

Reports of Jack Ma’s impending retirement are greatly exaggerated, it seems. Ma, the co-founder and executive chairman of Alibaba, has pushed back on claims that he is on the cusp of leaving the $420 billion Chinese e-commerce firm….


Google will struggle if it re-enters China, says its former country head – TechCrunch

The odds are stacked against Google if the reports are true and the company is trying to bring its services back to China, according to the former head of Google China. News reports last month…





China’s Didi suspends carpooling service after another female passenger is murdered – TechCrunch

Chinese ride-hailing firm Didi Chuxing, the $60 billion-valued company that bought out Uber’s China business, has suspended its carpooling service after the murder of a female passenger. The fatality is the second such incident this…



Alibaba confirms it raised $3B for its newly consolidated local services business – TechCrunch

Alibaba has confirmed that it has raised $3 billion for its new-look local services business after it united its Koubei local services business with Ele.me, the on-demand delivery business it recently acquired. The company said…