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Chen Lei, one of the founding members and the newly appointed chairman of Pinduoduo, says that the firm’s recent success reaffirms their belief that the mobile internet has accelerated the merging of online and offline spaces.
Douyin has recently added a lifestyle sharing function with pictures and text, in addition to its live-streaming and short video sharing, so as to create a broader business ecosystem of live-streaming, short video sharing and photo posts.
Major Chinese e-commerce platform Meituan has recently launched a product called "Meituan Livestreaming Assistant," a free tool intended for online merchants and internet influencers.
E-commerce software as a service (SaaS) firm Dianxiaomi announced on Tuesday its completion of C-round financing totaling $100 million.
Xiaohongshu, China's leading lifestyle sharing platform announced that it had formally filed lawsuits against four Multi-Channel Network (MCN) institutions.
In the early morning of August 9, Alibaba’s CEO Daniel Zhang told employees in a memo that a male employee recently accused of rape in what has become a high-profile national case is to be fired.
Police in China revealed a scheme where gambling operators used fraudulent online fronts and delivery tracking numbers to create e-commerce records and disguise illegal money flows.
US online marketplace Temu is receiving effusive praise from consumers who found shopping on the e-commerce platform fun and uplifting.
ChengXin YouXuan moved its headquarters to Beijing and Hangzhou at the end of July. The firm then cancelled the extra salary of employees and shifted its main goal from pouring money into business growth to pursuing profits.
Chinese e-commerce platform Dmall is expected to submit an application this quarter for a public listing on the Hong Kong Stock Exchange (HKEx).
Alibaba helps small and medium-sized enterprises at the world's largest wholesale trading hub gain more overseas exposure by building a cross-border e-commerce platform.
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.