e-commerce business Archives

E-Commerce Platform Kwaishop to Support “Kwai Brands” With Boosted Web Traffic

Kwaishop, the e-commerce arm of Chinese TikTok-like short video sharing app Kuaishou, on Monday launched a plan aiming to support 500 Kwai Brands with web traffic of more than 23 billion visits to help them grow.

Chinese E-Commerce Livestream Hosts Suspected of Tax Evasion, Authorities Say Amount is “Shocking”

At present, the tax supervision department is still in the process of supervising the tax situation within the country's sprawling live e-commerce industry.

Beijing to Promote Development of Live and Social Commerce

The government will now support what it sees as healthy and sustainable development of new business formats and models such as livestream e-commerce and social commerce.

Amazon Shutters 3,000 Chinese E-Commerce Businesses for Violations

Amazon has banned 600 Chinese brands and about 3,000 merchant accounts, all of which repeatedly used the platform's review function improperly. The ban follows several prior warnings.

Suning Sells 23% Stake to State-owned Investors, Raising 14.8 Billion Yuan

Retail giant Suning.com announced on Sunday it has received 14.8 billion yuan ($2.3 billion) in investment from state-backed investors in exchange for a 23% stake in the company, leading to a change in management.

Life Reboot: Young Rural Merchants with Disabilities Hustle to Support themselves on Pinduoduo

“Looking into the Milky Way with stars all over the sky, I feel that humans are humble, and my heart will be purer.” Yang said.

TikTok Owner ByteDance Expands into E-commerce

TikTok’s parent company ByteDance announced the creation of its new Department of E-commerce Business on the eve of 618 Shopping Festival.

E-Commerce Giant Pinduoduo Launches New Services To Diversify Its Business

Pinduoduo, China’s third largest e-commerce platform is making efforts to diversify its business by launching new services.

SF’s 100B Yuan Revenue Bodes a War for Market Share in China’s Express Delivery Sector

In May 2019, SF adjusted its product strategy to increase business volume and launched new products specifically designed for the e-commerce market and customers.

Alibaba’s Tmall and VF Corporation Deepen Partnership in China

Tmall, China’s largest B2C platform under Alibaba Group, formed a strategic partnership with U.S.-based VF Corporation on June 13.

Amazon China is Merging with NetEase Kaola on Cross-border Shopping

Amazon China and NetEase Kaola, a cross-border e-commerce, are negotiating to merge their overseas purchase business. Led by Kaola, the merger might be completed by split-offs.

Alibaba’s Financial Report – Best Fiscal Year with $39.3 Billion in Revenue

Alibaba‘s financial report for the past quarter (January 1 to March 31, 2018), and for the fiscal year of 2018 has just been published by Alibaba Group Holding Limited (NYSE: BABA) today.

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