Showing 12 of 53 posts with this tag
Benwei Xianwu, a Chinese brand of low-temperature meat products, has recently completed A-round financing totaling tens of millions of yuan.
China’s household debt to income ratio rose threefold from 30% in 2008 to 92% in 2019. Here is what it could mean for China’s economy.
Consumers in China have come to expect e-commerce platforms to be more than just places to buy things.
“Another excuse to buy gifts!” A Chinese friend replied when I asked about her Christmas plans. In the West, everyone loves Christmas. Christmas Eve and Chr...
MINISO has collaborated with seven internationally renowned perfumers to create this series. The team includes industry veterans Maurice Roucel, Suzy Le Helley, Coralie Spicher, Nathalie Benareau, and emerging talents Steven Guo, Florian Gallo, and Kira Zhu.
"Taobao Maker Festival" offers a venue for young merchants to showcase their potentials. By identifying consumption trends and championing small businesses on the platform, the event could have a significant impact on the retail industry and the economy at large.
It was reported that Genki Forest "is nearing completion of a new round of financing, with a target valuation of $14-15 billion, which is more than doubled compared with the previous round of $6 billion."
Ant Group's Huabei announced on Wednesday that Huabei will become an exclusive consumer-lending brand under the name Chongqing Ant Consumer Finance.
Huabei and Jiebei, two micro-loaning platforms of Ant Group, have launched a quota management function to advocate rational consumption.
Domestic demand serves as the driver of economic growth and the new online economy is helping promote the development of Chinese brands, a recent report said.
WeChat, a social media platform owned by Tencent, released on January 19 it's consumption data for the Spring Festival holiday. In the face of a gradual increase in consumption enthusiasm, the offline payment transaction volume of users using WeChat increased by 23%.
Pinduoduo announced that it would upgrade its New brand Initiatives on Thursday.