Chinese prosecutors have dropped a case against a former Alibaba employee accused of sexually assaulting a female colleague, saying they had determined he had committed forcible indecency but not a crime.
Alibaba Group will invest 100 billion yuan ($15.5 billion) by 2025 in support of "common prosperity", it said, becoming the latest corporate giant to pledge support for the initiative driven by President Xi Jinping.
China's regulatory crackdown is being waged to build a prosperous market economy and criticism from the United States and the West that it is taking "a backward step" are smears, the Global Times said on Tuesday.
British fashion tech company Ordre, an online showroom platform serving department stores, multibrand retailers and luxury pure players, has announced a successful funding round to finance its expansion.
Shiseido, impacted by the pandemic in 2020, is launching three of its perfume brands on Chinese online platform Tmall with the aim of attracting young consumers who are increasingly interested in the world of fragrance.