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Jack Ma has returned to Alibaba’s campuses, taking a more active role than in years, amid a broader push into AI and local services. Meanwhile, Alibaba is expanding its super-app ecosystem with new AI-powered features, competing fiercely with Meituan and others in China’s digital economy.
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Pre-orders for the iPhone 17 have outpaced last year's model in China, driven by strong brand loyalty. However, delays in the release of the eSIM-only iPhone Air due to regulatory issues and rising local competition highlight ongoing challenges for Apple in the region. The story is unfolding as of September 15, 2025.
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Sainsbury’s is negotiating a potential sale of Argos to Chinese retailer JD.com. The move aims to accelerate Argos’s online transformation, but no deal has been finalized. Sainsbury’s emphasizes the deal would bring retail, tech, and logistics expertise, though concerns about valuation and strategic fit remain.
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Sainsbury’s has terminated discussions with JD.com regarding the sale of Argos, citing terms not in shareholders' best interests. The move follows earlier plans to sell or spin off Argos, which has struggled amid declining sales and strategic shifts. The retailer remains committed to transforming Argos within its broader strategy.
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Retailers in the UK are cautious ahead of the November 26 Budget, fearing tax hikes and economic uncertainty. Industry leaders warn that upcoming fiscal policies could slow consumer spending, with recent cost increases already impacting profits and prices. Meanwhile, supply chain pressures and inflation persist across sectors.