Alibaba Group has successfully raised $5 billion through a dual-currency bond deal, marking the largest fundraising initiative in the Asia-Pacific region for 2024. This significant capital influx underscores Alibaba's ongoing efforts to bolster its financial position amid a competitive e-commerce landscape. In related developments, Kuaishou, a prominent Chinese short video-streaming platform, reported a 24% increase in adjusted profit, reaching CNY3.9 billion (approximately USD539 million) for the third quarter, alongside an 11.4% rise in revenue to CNY31.1 billion (USD4.3 billion). Despite these positive financial results, Kuaishou's stock experienced an 11% decline in Hong Kong, reflecting market concerns about slowing growth in advertising and e-commerce gross merchandise volume. Additionally, Pinduoduo reported a 61% surge in adjusted net profit to CNY27.4 billion (USD3.8 billion) and a 44% increase in revenue, highlighting the ongoing growth within the Chinese e-commerce sector.