Taobao Xinxuan, an affiliate shopping channel and product line of Alibaba’s Taobao, will change from an independent brand to providing products for Tmall Supermarket, focusing on young families.
TikTok Shop, an e-commerce marketplace integrated into ByteDance’s TikTok, is launching its cross-border e-commerce business in more Southeast Asian countries including Thailand, Vietnam, Malaysia and the Philippines.
Indonesian tech giant GoTo Group officially made its debut on the Indonesian Stock Exchange (IDX) through an initial public offering (IPO) on Monday. The company's stock code is GOTO.
Reports have surfaced in Chinese media lately alleging that Meituan has initiated a round of layoffs covering its online ride-hailing department, its grocery e-commerce platform Youxuan, and its hotel and travel division.
Platforms under Chinese internet technology giant Alibaba have actively organized qualified frontline workers to ensure Shanghai's supply and distribution of goods.
Youzan CEO Ning Zhu, also know as Bai Ya, issued an internal letter to employees, opening a review of the company's business in the past year while comprehensively introducing its future adjustment plan.
Recently, ByteDance's rival Kuaishou officially launched a new initiative called "Warm Spring Plan 2022". The promotion is an attempt to reduce the impact of the COVID-19 pandemic on Kuaishou's e-commerce merchants.
Pinduoduo, China’s largest agriculture platform, said it will step up its efforts in promoting digital inclusion and continue to focus on research and development, as the company records a 59% gain in annual orders.
On Monday, FunPinPin, a Chinese SaaS service platform for independent stations, announced the completion of an A2 round of financing from Plum Ventures.
Douyin E-Commerce, the online shopping arm of the Chinese mainland version of TikTok, has launched testing for a new tool called Douke to attract more user traffic.
On March 4, Kuaishou e-commerce for the first time disclosed the construction and governance of the platform's "trust ecosystem" since the related development strategy was clarified last year.
