Colin Zheng Huang, the founder of Chinese e-commerce giant Pinduoduo (PDD), has stepped down as CEO and reduced his stake in Pinduoduo stock to 29.4% from 43.3%.
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Pinduoduo launched Duo Duo University as a local program in Yunnan Province that provides week-long training to equip farmers with important digital skills.
The plant-based burger company Beyond Meat, Inc. said on Tuesday that it would debut retail sales of its products in mainland China in partnership with Alibaba’s Freshippo supermarkets.
TikTok’s parent company ByteDance announced the creation of its new Department of E-commerce Business on the eve of 618 Shopping Festival.
As the Chinese government pushed for new infrastructure projects last month, Kuaishou and other companies are investing to build data centers.
Now, after a decade of development and vicious competition, a slew of video platforms and short video apps have emerged at the top of the Chinese online video streaming game.
Comparing the current crisis to the SARS outbreak of 2003, some people argue that similar to how SARS boosted China’s e-commerce industry, the COVID-19 outbreak could also propel new innovations.
For many Chinese white collar workers trapped inside their homes due to the coronavirus outbreak, it’s been a miraculously chaotic day on February 3.
China's annual Spring Festival is approaching. On January 11, Taobao announced an exclusive e-commerce partnership with CCTV's Spring Festival Gala.
Smart cities and smart transportation are what Chinese tech giants have been obsessed with since AI, 5G and IoT turned from hackneyed buzzwords to everyday reality.
Chinese e-commerce behemoth Alibaba announced on October 9 that the company will stop selling e-cigarette components in the US.
Ant Financial, the Chinese payments giant, is in talks to lead a $600 million funding round in India’s leading food delivery app Zomato, people familiar with the matter told the Economic Times.
According to Forbes, a record number of Chinese investors, particularly women investors, have made Forbes' 2019 Midas List.
Research from brand equity experts BrandZ—by WPP and Kantar—reveals the “Brand Power” of leading Chinese brands is up 15 percent year-on-year, compared with 5 percent growth last year.
Alibaba has acquired the Israeli augmented reality software startup InfinityAR, both companies announced on Mar. 24. While no financial details were disclosed, Globes cited market sources estimating a deal in excess of $10 million.