E-Commerce Archives

TikTok Launches E-Commerce Services for US Users in October

TikTok officially launched e-commerce services in the United States, and starting in early October, all American users will be able to see the entrance on the homepage.

Taobao AI model ‘Taobao Wenwen’ Is in Internal Testing

The Taobao AI large-scale model 'Taobao Wenwen' is currently undergoing internal testing.

ByteDance’s Douyin Is Expanding Self-operated e-commerce Business

Douyin, the Chinese version of the global short-video app TikTok, is actively expanding its self-operated e-commerce business in preparation for the upcoming "618" shopping festival on June 18th.

Apple To Hold Its First Ever E-commerce Live Event

As China's “618” shopping festival is drawing near, the Apple Store Official Flagship announced that it will conduct its first ever e-commerce live event. The event will take place at 19:00 on May 31 on Tmall, marking the first time that Apple has officially organized a live event on an e-commerce platform.

JD.com Changes Leadership, CEO Xu Lei Will Retire for Personal Reasons

Chinese e-commerce giant JD.com announced on May 11th that its current CEO, Xu Lei, has resigned from his position due to personal reasons. The company's CFO, Sandy Xu, will take over as the new CEO and Xu Lei will smoothly hand over his responsibilities before retiring in June.

Taobao Maker Festival: Unearthing China’s Youth Creativity and Championing Small Business Pioneers

"Taobao Maker Festival" offers a venue for young merchants to showcase their potentials. By identifying consumption trends and championing small businesses on the platform, the event could have a significant impact on the retail industry and the economy at large.

Alibaba International Digital Commerce Group Unveils Winners of 2023 Global E-commerce Challenge

Talented young minds from universities in China, Spain and Singapore have been hailed as winners of the 2023 Alibaba Global E-commerce Challenge organized by Alibaba International Digital Commerce Group (AIDC) after a series of rigorous competitions.

Alibaba Taps Green Technologies Throughout Its Offices to Drive Low-carbon Innovation

Alibaba Group is introducing innovative green technologies across its campuses. The Hangzhou Xixi Campus, global headquarters of Alibaba, is located next to the Xixi National Wetland Park in Hangzhou. This campus boasts a diverse range of species and an abundance of vitality.

Suning.com Completes Board Reshuffle and Executive Appointment

On April 6, Suning.com, a Chinese e-commerce platform, held an extraordinary shareholders' meeting at its headquarters in Nanjing. The purpose of the meeting was to confirm the members of the eighth board of directors and supervisory board.

Taobao to Launch A Special Channel, Focusing on Cost-Effectiveness

Taobao, the e-commerce platform owned by Alibaba, has introduced a dedicated sales channel on its homepage for select users. This new channel is prominently displayed alongside Taobao Live in the most visible position on the homepage.

SHEIN Refutes Risk of Shutdown in the US

A recent report suggested that Chinese fast fashion retailer SHEIN could face the threat of a "Shut Down SHEIN" campaign. SHEIN has denied the allegations and affirmed its adherence to US laws and regulations.

JD.com Sees Stock Price Drop 11% after Releasing Financial Report

On March 9, Chinese e-commerce giant JD.com released its financial results for the fourth quarter and the whole year of 2022. Although the report shows that its overall profitability has improved, its share price fell 11.28% to close at $41.68.

SHEIN to Secure New Funds, Valuation Drops Below $70B

Chinese online fashion group SHEIN reportedly is about to close a new fundraising round at a reduced valuation of between $65 billion and $70 billion.

JD.com Plans Subsidy Campaign against Pinduoduo

Chinese e-commerce giant JD.com will launch a 10 billion yuan ($1.5 billion) subsidy campaign on March 8 to compete against rival Pinduoduo, a budget shopping app by PDD Holdings.

Alibaba’s Jack Ma Appears in Australia

Social media users recently spotted Jack Ma, the billionaire founder of Chinese e-commerce giant Alibaba, in a hotel in Melbourne, Australia. Fans snapped a photo of him browsing his phone and drinking Coke.

Tencent Launches Cross-Border Payment Platform for E-Commerce Business

Chinese leading tech player Tencent recently launched a cross-border payment platform named "Tenpay Global Business", which provides a one-stop solution for services such as global collection, payment and exchange for cross-border e-commerce sellers and platforms.