E-Commerce Archives - Page 3 of 21

Used Luxury Fashion Platform Plum Bags C Round of Financing Worth $100M

Plum, a used luxury fashion e-commerce platform, announced on November 1 that it had completed a C round of financing worth $100 million. Zhuanzhuan, a Tencent-backed leading used goods trading marketplace in China, made the strategic investment.

Kuaishou Resumes Links to Taobao and JD.com to Boost Double 11 Traffic

Taobao and JD.com, two of China's leading e-commerce platforms, have recently announced the resumption of links connecting them with short video platform Kuaishou, mainly aiming at the annual Double 11 Shopping Festival.

How Alibaba Secures Business Growth Certainty for Merchants During This Year’s 11.11?

Alibaba kicked off the 14th edition of its 11.11 Global Shopping Festival. The Chinese leading e-commerce player equips merchants with tools and solutions to secure business growth certainty for merchants during and beyond 11.11.

JD.com to Shut Down Europe Business and Cut Back in Southeast Asia, Rumors Say

News that Chinese e-commerce giant JD.com's international business operations will undergo major adjustments has recently spread within the company. Certain business units in Europe and Southeast Asia will be most affected by the changes.

Bilibili Launches E-Commerce Livestreaming for Upcoming Double 11 Shopping Festival

Chinese video content platform Bilibili on October 14 officially launched a new online shopping function within the livestreaming part of its homepage, ahead of the country's popular "Double 11" shopping festival.

ByteDance’s Content Aggregator Toutiao Adds E-Commerce Channel Linked to Douyin

An independent shopping channel has been set up within Toutiao, a content discovery platform owned by ByteDance. Users of the new service can purchase goods provided by Douyin's e-commerce business in the shopping channel by inputting keywords and placing an order.

TikTok Aims to Pass 1B Global Daily Active Users, to Start E-Commerce in Brazil

ByteDance's TikTok has set a goal to reach 1.05 billion daily active users (DAUs) globally by the end of 2022. The popular short video platform currently has more than 800 million DAUs.

Kuaishou Adjusts E-Commerce and Commercialization Teams

Kuaishou's e-commerce and commercialization divisions are preparing for the upcoming Kuaishou November 6 (116) Shopping Festival, and the effect of this round of adjustments will also appear after the shopping event.

Meituan to Expand On-Demand Delivery Services to Hong Kong

Meituan's on-demand delivery business unit is preparing to enter the Hong Kong market, and it is currently recruiting staff.

Rape Allegation Involving JD.com Founder Richard Liu Ends With Settlement

A rape allegation involving Richard Liu, founder of Chinese e-commerce giant JD.com, has finally come to an end. The lawyers of both sides issued a joint statement showing that they had reached a settlement.

Shopee Confirms It Required Laid-Off Workers to Compensate for Computer Damage

Shopee, an e-commerce giant with operations in Southeast Asia, reportedly demanded that laid-off employees pay compensation for damaged work computers. Shopee then confirmed this policy.

Temu Seen as Beneficiary From PDD’s Plan to Help Manufacturers Build Global Brands

US e-commerce platform Temu is set to benefit from the latest initiative by sister company PDD to help manufacturers expand internationally and create global brands.

Fresh Grocery E-Commerce Firm Dingdong Maicai to Explore Pre-Cooked Dishes Business

US-listed fresh grocery e-commerce brand Dingdong Maicai revealed that it will cooperate with other brands to develop pre-cooked dishes for individual consumers.

After Launching Temu, Pinduoduo Unveils 10B-Yuan Support Plan for Chinese Enterprises Going Abroad

Following the low-key launch of its cross-border e-commerce platform Temu, Pinduoduo, a Nasdaq-listed Chinese e-commerce company, has further unveiled its overseas exploration plan.

Sea’s E-commerce Platform Shopee Cuts Staff in China

Shopee, an e-commerce platform owned by Singapore's Sea Limited, will cut some jobs around the world. According to one Shopee employee in Shenzhen, the company has reduced at least one business line in the base to a third of what it was.

Bilibili Eyes Livestreaming E-Commerce Business

Bilibili, a Chinese video streaming platform featuring anime, cartoon and games (ACG) content, eyes livestreaming e-commerce business.

Chinese Short Video and Livestreaming Platform Douyin Looks to Challenge Alibaba

Starting on September 4, the Chinese division of Japanese fast fashion brand Uniqlo commenced e-commerce livestreaming sessions on Douyin, TikTok's counterpart for mainland China owned by parent company ByteDance.

Temu Leverages on Pinduoduo Sourcing Network For Best E-Commerce Deals

Temu, the newest entrant to the US e-commerce industry under Nasdaq-listed PDD, is securing the best deals for customers by leveraging the extensive network of merchants, manufacturers, and logistics partners built up by its sister company.

Pinduoduo Tests New Homepage Functions for Female Clothing

The homepage of Pinduoduo, a Chinese social e-commerce platform, will reportedly undergo the launch of a special area with new functions for female clothing products.

Alibaba’s Lazada Launches Southeast Asia’s First E-Commerce Anti-Counterfeit Consortium

In conjunction with an IP Week organized by the Intellectual Property Office of Singapore, Alibaba's regional e-commerce platform Lazada came together with leading brands to announce the launch of Southeast Asia's first e-commerce anti-counterfeit consortium.

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