Pinduoduo has the fastest user growth rate compared with other e-commerce platforms among the country’s younger generation between the ages of 19 and 35.
TagE-Commerce
Enterprise services were the center of attention last week.
Social commerce platform Pinduoduo focuses on sourcing fresh produce from rural farmers to build an initial user base. Farmers like Liu Xingjia and his “Grandma’s Dish” team have fought against all odds to bring the fruits of agriculture e-commerce to their village.
Within the course of the past week, several prominent Chinese companies made fundraising announcements.
JD.com, which plans to list on the Hong Kong Stock Exchange on June 18, is reported to have scheduled a listing hearing on Thursday, May 28.
This past week saw Keep, China’s answer to Nike’s Training Club, officially become the first unicorn in the world of fitness tech.
After Dangdang completed privatization from the United States, Peggy Yu held 52.23% of Dangdang’s equity, Li Guoqing - 22.38%, and their children held 18.65%.
ByteDance's advertising and marketing platform Ocean Engine is looking for e-commerce vendors and partners to grow its e-commerce platform on Douyin.
In this article, we’ll give a brief introduction of China’s top 3 E-commerce livestreaming platforms: Alibaba’s Taobao Live, Kuaishou (Kwai) and ByteDance’s Douyin (TikTok).
Despite Luo betraying his own brand and advertising for a competitor to repay his debts, his showmanship and flamboyant persona did the job quite well.
On March 25, several Pinduoduo employees stated on social media that Taobao implemented a so-called “risk control” strategy against them by blocking them from their platform.
Chinese e-commerce platform Pinduoduo and household appliance giant GOME Retail Holdings will hold a Super Brand Day on March 31
Bejing-based e-commerce giant JD.com surpassed the high end of their guidance range posting quarterly revenue of 170.7 billion yuan.
People’s purchases generally reveal what they have been doing to kill time during the prolonged stay-at-home days.
Chinese online retailer Jumei announced on Feb. 25 that it has accepted a merger deal with Super ROI Global Holding Limited (Parent) and Jumei Investment Holding Limited (Purchaser).