Alibaba's gross merchandise value surpassed 372.3 billion yuan ($56.42 billion), but its stock plunged due to China's draft antitrust rules published Tuesday.
The Trump administration has gone silent as ByteDance waits for guidance on how to proceed with a minority stake sale and technology partnership with Oracle.
When reporting third-quarter earnings last month, Netflix said nearly half of its paid membership growth came from APAC — the greatest share of any region.
The lawsuit alleges that Airbnb violated its contract with hosts when the company offered full refunds to guests in the wake of the coronavirus pandemic.