Pinduoduo, China’s second largest e-commerce platform by traffic, recently announced that it would establish the “Cloud E-Commerce Alliance of Hairy Crabs in Yangtze River Delta”.
Apple has decided to remove thousands of games from App Store mainland China without approval from China’s National Press and Publication Administration.
While Microsoft announced on Friday to permanently close its physical stores in the US, Australia, and etc, it will continue running its stores in China.
While authorities found Luckin Coffee Inc paid taxes on bogus transactions, its CEO said their business model is correct and willing to participate in any investigations.
Though influenced by the COVID-19 pandemic, NIO's losses are narrowing. What's more, NIO has reached agreements with investors for investment in China.
Japanese automobile giant Toyota is preparing to build a new energy vehicle plant with an annual capacity of 200,000 units in the Chinese city of Tianjin.
While Apple’s new iPhone 11, iPhone 11 Pro and iPhone 11 Pro Max will not be available in stores until September 20, online pre-sales for the new handset have exceeded expectations by a landslide.
American wholesale company Costco’s CFO, Richard Galanti, disclosed that the company will be adding a second store in Shanghai by next year at the earliest.
American e-cigarette brand JUUL will officially enter the Chinese market and is reported to be negotiating terms for distribution channel cooperation with Tmall and JD.com.
