E-commerce Booms As Chinese Valentine's Day Comes
Pinduoduo launched its ‘Xixi Festival’ event in celebration of this year’s Qixi Festival, also known as Chinese Valentine’s Day.
8/29/20204 min read
Tag: #e-commerce giant
Showing 12 of 19 posts with this tag
Tmall Global Launches English Website to Attract Overseas Merchants
Retail giant Tmall Global launched its first English-language website to attract more merchants and businesses from around the world to join China’s largest cross-border online shopping platform.
6/26/20192 min read
Chinese Regulators Issue a $2.8 Billion Fine Against Alibaba for Violating Anti-Monopoly laws
Chinese state media Xinhua News reported that Chinese E-commerce giant Alibaba received an ¥18.2 billion(US$2.8 billion) fine earlier on Saturday.
4/10/20213 min read
Ant Financial Invests in Vietnam’s eMonkey
Alibaba’s financial services spin-off, Ant Financial, is said to have acquired a sizable stake in Vietnamese e-wallet eMonkey, according to Reuters.
12/20/20192 min read
Pinduoduo Reports More Active Users in its 2nd Quarter Financial Results
Pinduoduo Inc. continued to add more active users and saw the smallest net loss since IPO, according to its unaudited financial report for the second quarter ending June 30 released Friday.
8/21/20203 min read
Alibaba Buys Daraz after Lazada, Now Covering 11 South East Asia Countries
Daraz Group and its parent organization Rocket Internet SE have both announced today that the Chinese e-commerce giant Alibaba Group has acquired Daraz. Alibaba...
5/8/20183 min read
Alibaba Accused of Faking Singles’ Day GMV Figures
Just as Alibaba celebrated their new record of $38.4 billion in GMV on the Singles’ Day shopping festival, rumors questioning the integrity of those numbers surfaced and circulated on Chinese social media platforms.
11/13/20192 min read
Ant Group Releases Anti-fraud Report for Most of 2021
Ant Group released its anti-fraud report for the first three quarters of 2021 on Thursday. More than 14,700 volunteers carried out the anti-fraud campaign in thousands of communities and cities around the country.
10/21/20212 min read
Pinduoduo Sees Increasing Revenues and Active Users in Third-Quarter Financial Report
Chinese e-commerce platform Pinduoduo Inc. saw increases in revenues and active users in its unaudited financial results for the third quarter ending Sept. 30, 2020.
11/12/20203 min read
Pinduoduo Soars During a Rough Period for Chinese Stocks
Pinduoduo has been a lone bright spot in what has been a very difficult time for Chinese ADRs listed in the US.
8/6/20193 min read
Pinduoduo Expands Mindshare for Value-Conscious Consumers with Push into Real Estate
Pinduoduo (PDD), a pioneer of interactive ecommerce in China, brought its signature team purchase and value-for-money approach to real estate
7/15/20203 min read
What’s Behind Pinduoduo’s Ownership Change
Colin Zheng Huang, the founder of Chinese e-commerce giant Pinduoduo (PDD), has stepped down as CEO and reduced his stake in Pinduoduo stock to 29.4% from 43.3%.