Bureau Chief, Vietnam
John's Feed
Nov 3, 2015

China’s JD.com calls on watchdog to investigate Alibaba

BEIJING/SHANGHAI, Nov 3 (Reuters) – China’s second-largest
e-commerce company JD.com Inc said it has sent a letter
of complaint to a Chinese anti-trust regulator and formally
requested an investigation into rival Alibaba Group Holding Ltd
.

The complaint concerns a State Administration for Industry
and Commerce (SAIC) regulation which forbids e-commerce
platforms from limiting or barring their merchants from
participating in promotions on other platforms. The regulation
came into effect on Oct. 1.

Nov 3, 2015

China’s JD.com requests anti-trust regulator investigate Alibaba

BEIJING/SHANGHAI, Nov 3 (Reuters) – China’s second-largest
e-commerce company JD.com Inc said it has sent a letter
of complaint to a Chinese anti-trust regulator and formally
requested an investigation into rival Alibaba Group Holding Ltd
.

The complaint concerns a State Administration for Industry
and Commerce (SAIC) regulation which forbids e-commerce
platforms from limiting or barring their merchants from
participating in promotions on other platforms. The regulation
came into effect on Oct. 1.

Oct 25, 2015

Alibaba results likely to dim outlook for China consumer spending

SHANGHAI, Oct 26 (Reuters) – Chinese e-commerce giant
Alibaba Group Holding Ltd’s second-quarter revenue
growth is likely to have slumped to half the year-earlier rate,
undermining hopes consumer spending will temper a slowdown in
the world’s second-biggest economy.

Beijing is hoping that private consumption will pick up the
slack as exports fall and it tries to rebalance the economy –
now heading for its slowest full-year growth in 25 years – away
from a reliance on trade and government spending.

Oct 18, 2015

Alibaba lobbies to stay off U.S. blacklist list for fakes

SHANGHAI (Reuters) – Chinese e-commerce giant Alibaba Group Holding Ltd is lobbying hard to stay off the U.S. Trade Representative’s blacklist after coming under renewed pressure this year over suspected counterfeits sold on its shopping platforms.

Re-inclusion on the USTR’s annual list of the world’s most “notorious markets” for sales of pirated and counterfeit goods, while not carrying direct penalties, would be a blow to the company’s efforts to shed perceptions that its sites are riddled with fakes and that its anti-piracy policies are inadequate. It could also hurt Alibaba’s beleaguered share price.

Oct 16, 2015

Alibaba offers to buy all of ‘China’s YouTube’

By Abhirup Roy and John Ruwitch

(Reuters) – Alibaba Group Holding Ltd (BABA.N: Quote, Profile, Research, Stock Buzz) said it would buy all of the shares of Youku Tudou Inc (YOKU.N: Quote, Profile, Research, Stock Buzz) that it does not already own in a deal valuing the Chinese video streaming company – known as “China’s YouTube” – at about $5.2 billion.

The offer, a vote of confidence in China’s economy by Alibaba’s Jack Ma, is the latest in a string of U.S.-listed Chinese companies being taken private by big shareholders.

Oct 8, 2015

China’s graft watchdog investigates former Sinopec chairman

SHANGHAI, Oct 8 (Reuters) – Chinese authorities have placed
the governor of Fujian province, who is also the former chairman
of China Petroleum and Chemical Corporation, under investigation
on suspicion of “serious disciplinary violations”, China’s
anti-graft watchdog has said.

Su Shulin had been Fujian governor since 2011 and also
served as deputy Communist Party chief in Fujian, the Central
Commission for Discipline Inspection said in a statement late on
Wednesday.

Sep 17, 2015

Lost in translation? Alibaba’s hot deals leave investors cold

BEIJING/SHANGHAI, Sept 17 (Reuters) – A year since it went
public in the biggest stock listing ever, China’s Alibaba Group
Holding Ltd has spent more than $6 billion on
everything from an electronics store chain to a robot maker. As
shares hover below their debut price, investors in the
e-commerce giant wonder just when it will all pay off.

The seemingly scattershot approach to deals has left
shareholders asking how Jack Ma’s baby, once the darling of
bourses, analysts and investors alike, will pull new businesses
together to manage a vital transition.

Sep 10, 2015

Alibaba’s Tsai: We are a long-term bet, in better shape than a year ago

HANGZHOU, China (Reuters) – Alibaba Group Holding Ltd Executive Vice Chairman Joe Tsai said on Thursday he is not thrilled that the e-commerce firm’s share price is below its listing level a year ago, but is confident the company is in better shape than it was then.

Tsai said in an interview with Reuters that investors should take a long-term view of the stock rather than looking for a quarter-to-quarter pop.

Jul 13, 2015

Insight – Stock market rout another blow to fading ‘Chinese Dream’

CHANGZHOU/WENZHOU, China (Reuters) – About a week after Shanghai’s main stock index broke above 4,000 points in April, the leading newspaper of China’s ruling Communist Party weighed in with patriotic glee.

Not only was the bull run just beginning, said a widely-read, and later ridiculed, editorial from the People’s Daily.

Jul 13, 2015

Stock market rout another blow to fading “Chinese Dream”

CHANGZHOU/WENZHOU, China, July 14 (Reuters) – About a week
after Shanghai’s main stock index broke above 4,000 points in
April, the leading newspaper of China’s ruling Communist Party
weighed in with patriotic glee.

Not only was the bull run just beginning, said a
widely-read, and later ridiculed, editorial from the People’s
Daily.