Kuaishou’s e-commerce platform Kwaixiaodian announced on Sept. 16 that its e-commerce orders in August 2020 exceeded 500 million and its daily active users (DAU) surpassed 100 million.
The Covid-19 Pandemic in 2020 has made a huge impact on the global economy and consumer market.
For a number of China’s export-dependent manufacturers, the pandemic was a big blow as some Chinese companies saw their export orders had decreased greatly.
Seagull Watch is the world's largest manufacturer of mechanical watch movements, producing one-quarter of total global production by volume.
Pinduoduo launched its ‘Xixi Festival’ event in celebration of this year’s Qixi Festival, also known as Chinese Valentine’s Day.
Pinduoduo Inc. became a component of the Nasdaq-100 Index (NDX) on Monday, joining the likes of category-defining companies.
Chinese e-commerce giant Alibaba Group Holding Ltd. Thursday announced its financial results for the quarter that ended on June 30, 2020.
China’s e-commerce and supply chain company JD.com Monday posted strong earnings results for the second quarter of 2020 with net revenues in the three months ended June rising 33.8% to 201.05 billion yuan ($28.5 billion).
Nongfu Spring and leading e-commerce platform Pinduoduo (PDD), on Aug. 11 announced a strategic cooperation to bring consumers a new shopping experience.
“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.
E-commerce has come a long way from the old catalogs with a fax number to the one-click, same-day delivery to which consumers in some markets have become accustomed.
On Aug. 3, Pinduoduo’s official live studio "Limited Time Flash Sale" entered Hong Kong-listed electrical appliance retailer GOME’s largest flagship store in Shanghai.
Chinese social e-commerce startup Nice Tuan announced its latest $80 million Series C2 round led by CDH Investments.
Chinese grocery e-commerce platform MissFresh announced Thursday a new $495-million funding round led by a fund under state-backed China International Capital Corporation.
Consumers in China have come to expect e-commerce platforms to be more than just places to buy things.