#65: Alibaba & JD saw combined GMV of over $136 billion in mid-year shopping event

Baidu to build 5 million intelligent cloud servers by 2030, China has seen fast growth in its livestreaming industry over the past years, ByteDance made $5.6 billion in Q1, Alibaba Pictures to delist from Singapore Exchange, Huawei to get green light for $500m R&D center in UK, China’s TZTEK Technology to buy German chip tester for USD20.4 million