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Friday Tech Briefing: Richard Liu, Quantum computing, Didi

Prosecutors review Richard Liu’s sexual assault case, Alibaba vows to produce quantum computing
A Chinese Dream of U.K. High Street Success Becomes a Nightmare

Despite founder’s ambitions, Sanpower didn’t have the capital, expertise needed to revive House of Fraser
JD.com Steps Up Challenge to Alibaba in Bricks-and-Mortar Retailing

China’s second-largest e-commerce firm wants to build 1,000 supermarkets within five years
Trade War Challenges Alibaba Plan to Create 1 Million U.S. Jobs

Company founder Jack Ma says earlier pledge to Donald Trump was based on smooth U.S.-China trade ties
Meituan Dianping’s Stock Delivers in Trading Debut

On-demand services giant’s shares jump 5% in Hong Kong on first day of trade
Thursday Tech Briefing: HNA, Chips, E-Commerce Corruption

Tencent Music reportedly lowers U.S. IPO to $2 billion, Alibaba gears up to develop self-made AI chips, HNA scraps plan to buy Dangdang
HNA Unit Scraps Plan to Buy E-Commerce Firm Dangdang

End of $1.2 billion deal comes amid HNA Group’s massive debt-reduction campaign
Meituan-Dianping Founder Merges Groupon, Yelp, Uber Knockoffs to Make Internet Services Giant

At age 39, Wang Xing poised to become chief of China’s fourth largest online company
Amazon Corruption Probe Unmasks ‘Wild West’ of China E-Commerce

Online merchants and observers say practices like fake sales and having negative comments deleted are common
Chart of the Day: Online Payment Firms Are Banking More Client Funds

Trend follows central bank’s requirement for platforms like Alipay to gradually increase ratio of client funds under centralized deposit