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Fast fashion giant Shein is constantly hatching new brands and building an expansive business matrix. This year, the firm launched and promoted an underwear brand called Luvlette.
Alibaba Group’s Chief Marketing Officer Chris Tung delivered a keynote speech to introduce the company’s carbon reduction action model and call on more enterprises to jointly promote low-carbon consumption at a side event during the 2023 Partnership Forum at the UN ECOSOC.
China's leading cross-border e-commerce company, DHgate, which operates a centralized marketplace, has announced the repositioning of MyyShop as a one-stop social commerce software-as-a-service (SaaS platform) in June.
Exway, an electric skateboard brand, has completed round-A financing of 40 million yuan ($6.28 million). The investor in this round of financing is Sequoia China Seed Fund.
In response to rumors that "Bianlifeng sees wave of store closures", the Chinese convenience store chain startup told the domestic media on August 16: "There is no tide of store closures. The stores affected by the pandemic are gradually resuming business."