Chinese second-largest e-commerce platform JD.com (JD) Monday announced the acquisition of the remaining 54% stake in compatriot home appliance store 5STAR.
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Pandaily deep dives into a set of employment and consumption statistics to explain how e-commerce penetration is accelerating.
One of China’s top EV-makers, Xpeng Motors, announced that it has completed a C+ round of financing raising nearly $500 million.
Pinduoduo has the fastest user growth rate compared with other e-commerce platforms among the country’s younger generation between the ages of 19 and 35.
Kuaishou is one of China’s largest short video-sharing and livestreaming apps, which has also become a conspicuous power in China's e-commerce industry.
This year’s 618 Mid-year Shopping Festival ended Thursday, with record sales of trillions of yuan from multiple online retail platforms.
Chinese online retailer JD.com (9618.HK) Thursday made its secondary listing in Hong Kong with shares jumping 5.7% at the open of its first day of trading.
MiraclePlus RMB Fund I, L.P., recently completed a new round of funding, with Sequoia and former JD.com CEO Richard Liu among its investors.
These Chinese shopping apps are now the most popular way for people to buy almost anything online.
E-commerce platforms like JD.com made strategic moves to react to the gloom in the retail consumption market brought by the COVID-19 pandemic.
Multiple sources have confirmed that Chinese tech companies NetEase and JD.com are set for secondary listings in the Hong Kong Stock Exchange in June.
It’s reported that JD has formed a strategic partnership with Kuaishou on e-commerce livestreaming.
JD.com, which plans to list on the Hong Kong Stock Exchange on June 18, is reported to have scheduled a listing hearing on Thursday, May 28.
After the release of its Q1 financial report on May 15, JD.com accelerated its preparations for a secondary listing in Hong Kong.
Chinese e-commerce platform Pinduoduo rose 5.26% to a record high of $57.83, putting its latest market capitalization at $69.26 billion.