Ant Group launches digital bank in Singapore, Douyin reports bumper growth in key sales metric

Plus, a kerfuffle over primary school textbooks; the EU says that Beijing will take advantage of Russia’s energy woes; and the latest on Ant Group

U.S. company will also close digital bookstore; behind Beijing’s zeal for mass Covid testing; and services activity shrinks for a third consecutive month

E-commerce giant stops supplying devices to retailers and will close its Chinese digital bookstore next year, following retreats by other U.S. tech companies

Momenta takes half-a-billion dollars from big-name backers, Lenovo chairman insists listing failure will not hit its business

Alibaba Cloud’s custom-designed chip, which is based on Softbank’s ARM architecture, seen as a competitive response to the perceived technology advantage of rival Amazon Web Services ’s own line of ARM-based chips

Crackdown also weeds out merchants involved in identity falsification, bribery and sale of counterfeit goods, company vice president for Asia reports

CNN fires unvaccinated employees for coming to office and 6,000 Alibaba staff call for anti-sexual assault mechanism at the company

Amazon fined $887 million over European privacy violations and Chinese expert warns against mixing and matching of vaccines

Industry group complained to Beijing about U.S. e-commerce giant’s action against the businesses, some of which are facing bankruptcy

Domestic clients turning into competitors and the encroachment of foreign giants are threatening the sky-high growth of Alibaba, Tencent and Huawei’s cloud businesses

Attending school during summer break is no longer mandatory in China, and NBA president hopes to continue broadcasting games in China

Regulators in China and the U.S. have taken aim at the likes of Ant Group and Google. So far, the crackdown hasn’t broken up any of these companies, but we shouldn’t rule out the possibility that one day it will

U.S. retailer says pandemic has boosted exports from the Southeast Asian country as it aims to tap suppliers

The 10 international stories popular on Chinese social media include a U.S. dog travel ban and the G-7 summit

Funds would back 100,000 developers and tech startups over three years as e-commerce giant seeks to move past antitrust crackdown

China's population growth slows, official data shows. Amazon cracks down on fake reviews and removes Chinese products

Undisclosed number of vendors’ goods cut from online giant’s shopping platforms ahead of annual sales promotion