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Behind Cheap Stuff From Shein and Temu: A Hard Bargain With Suppliers

Updated Jan. 3, 2024 11:22 am ETSHENZHEN, China—E-commerce sellers Shein and Temu are offering a lifeline for small suppliers in China’s manufacturing hubs—but it isn’t always a straightforward win.In recent years, thousands of Chinese factories and vendors have joined the supply chain for Shein and Temu, whose popularity has exploded in the U.S. with their offers of inexpensive made-in-China goods, from T-shirts and handbags to electronics and kitchen items.Copyright ©2024Dow Jones & Company, Inc. All Rights

Spiritual guru Sadhguru and Yoga guru Baba Ramdev seen riding on a Ducati Desert Sled superbike [Video]

When it comes to the passion for motorcycles and cars, age is just a number. A few days ago, an old video on the internet resurfaced, and it proved exactly this. The video showed the popular spiritual and yoga gurus – Sadhguru and Baba Ramdev – riding on a Ducati Scrambler Desert Sled superbike at Isha Foundation. Both of the old-age gurus were seen riding around the campus of Isha Foundation without any riding gear, enjoying their time on the bike with laughter and enthusiasm. Sadhguru and Baba Ramdev on a Ducati The…

Alibaba Scraps Cloud Unit Spinoff, Citing Washington’s Chip Curbs

Nov. 16, 2023 10:10 am ETSINGAPORE—Washington’s latest curbs on the export of high-performance chips to China are beginning to bite.Alibabaon Thursday said it had scrapped its plan to spin off and list its cloud-computing division, citing the impact of the export controls that took effect late last month. The restrictions “may materially and adversely affect” the cloud business’s ability to offer products and services and to perform under existing contracts, Alibaba said, adding that it would focus on the division’s

Baba Ramdev drives his new Land Rover Defender 130 worth Rs 1.5 crore [Video]

Ramkrishna Yadav, who is now popularly known as Baba Ramdev has upgraded from his Mahindra XUV700 to Land Rover Defender 130. Ramdev was spotted driving the new Defender 130, which looks fresh from the showroom. The SUV even does not have registration plates on it. The video of the new Defender shows Ramdev in the driving sear. This is the Sedona Red colour option of the Land Rover Defender, which is not available with the 110 variant. The new 2023 Defender 130 was launched earlier this year in India and the…

Prosus, Tencent's Biggest Shareholder, Is Sticking to China

Bob van Dijk, the chief executive of the of Amsterdam-listed firm, says it plans to remain a long-term investor in the Chinese company. Bob van Dijk, the chief executive of the of Amsterdam-listed firm, says it plans to remain a long-term investor in the Chinese company. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to…

After Audi luxury SUV, Enforcement Directorate seizes BMW 5-Series luxury sedan owned by conman Golden Baba

Conman Jyoti Ranjan Beura, better known as Golden Baba, has been in the news lately. He has been absconding since being released on bail from jail three years ago. He was arrested earlier in a multi-crore rupee fraud case. The department currently investigating the cases is probing the financial transactions of Golden Baba. Last month, the Enforcement Directorate (ED) seized a white-colored Audi Q5 luxury SUV that belonged to Golden Baba. Now, there are reports suggesting that another luxury car, a BMW 5 Series sedan…

China's Ant Group Slapped With Nearly $1 Billion Fine

Ant Group, the financial-technology company associated with billionaire Jack Ma, was fined by China’s financial regulators, taking the company closer to the end of its business overhaul. Ant Group, the financial-technology company associated with billionaire Jack Ma, was fined by China’s financial regulators, taking the company closer to the end of its business overhaul. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s…

Review: Yamuna’s Journey by Baba Padmanji

The history of the novel in India has been an intriguing one so I was happy to see an English translation of Yamunaparyatan, published in Marathi in 1857 and regarded as India’s first vernacular novel. Baba Padmanji, a reformer, author, and Christian missionary, wrote it to sensitise people towards the sordid condition of widows in Brahmanical society and to advocate widow remarriage. Widows in an ashram in Rishikesh on 14 June 1968. (Rane Prakash/HT Archive) 216pp, ₹399; Speaking Tiger The scholar Deepra…

Alibaba Says Chairman and CEO Daniel Zhang Will Be Replaced

Alibaba is reshuffling its top executives, with current Vice Chairman Joseph Tsai taking over as chairman from Daniel Zhang while the head of its domestic e-commerce unit was named CEO. Alibaba is reshuffling its top executives, with current Vice Chairman Joseph Tsai taking over as chairman from Daniel Zhang while the head of its domestic e-commerce unit was named CEO. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s…

China Cracks Down on Surge in AI-Driven Fraud

Authorities warn of swindlers using hyper-realistic content generated by artificial intelligence. Authorities warn of swindlers using hyper-realistic content generated by artificial intelligence. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of…