E-Commerce Archives - Page 65 of 71

What Do Young Americans Really Look for When Shopping Online?

Consumers in China have come to expect e-commerce platforms to be more than just places to buy things.

Tencent-backed Grocery Start-up Missfresh Closes on $495M Fundraising

Tencent Holdings-backed Missfresh has completed a new round of financing worth $495 million, LatePost reported, the biggest fundraising that a Chinese grocery start-up has ever received.

Alibaba’s GMV Surpasses $1 Trillion in Past Fiscal Year

Alibaba Group Holding Limited on Friday released its annual report for the fiscal year ended March 31, 2020, which shows it achieved a record gross merchandise volume (GMV) of $1 trillion while it had 780 million annual active consumers in China in the past fiscal year.

Pinduoduo Sees Fastest User Growth Among China’s Young Generation: Report

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.

China VC Weekly: Background Checks, Cloud Services and Enterprise Resource Planning

Enterprise services were the center of attention last week.

Fighting Against All Odds: Chinese Farmers Join Hands with Social E-commerce Company Pinduoduo to Sell Produce Online

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.

China VC Weekly: Semiconductors, Mobility, Home Furnishing and More

Within the course of the past week, several prominent Chinese companies made fundraising announcements.

JD.com Seeks Listing Hearing on Thursday, Expands List of Underwriter Banks

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.

China VC Weekly: Fitness Tech, Groceries, Smart Car Washes and Big Data

This past week saw Keep, China’s answer to Nike’s Training Club, officially become the first unicorn in the world of fitness tech.

Dangdang’s Vice President Reveals Company’s Post-Privatization Ownership Structure

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 Seeks Partners to Grow Its E-commerce Presence Through Chinese TikTok

ByteDance's advertising and marketing platform Ocean Engine is looking for e-commerce vendors and partners to grow its e-commerce platform on Douyin.

Top 3 E-commerce Livestreaming Platforms in China

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).

Smartisan Founder Sells 110M RMB Worth of Goods in Live Broadcast, But Could He Sell a Rocket?

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.

Pinduoduo Employees Accuse Alibaba of Blocking Them From Proper Access to Taobao

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.

Pinduoduo Partners With Household Appliance Giant GOME To Boost Domestic Consumption

Chinese e-commerce platform Pinduoduo and household appliance giant GOME Retail Holdings will hold a Super Brand Day on March 31

JD Posts Strong Q4 and Optimistic on Outlook

Bejing-based e-commerce giant JD.com surpassed the high end of their guidance range posting quarterly revenue of 170.7 billion yuan.

What Sells Best Online During the Coronavirus Outbreak?

People’s purchases generally reveal what they have been doing to kill time during the prolonged stay-at-home days.

Jumei Youpin Goes Private, To Be Delisted From NYSE by Q2 2020

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).

Stop It. SARS Wasn’t the Reason E-commerce Boomed in China

Comparing the current crisis to the SARS outbreak of 2003, some people argue that similar to how SARS boosted China’s e-commerce industry, the COVID-19 outbreak could also propel new innovations.

Pinduoduo Launch “Help the Farmers” Initiative Amid COVID-19 Outbreak

Pinduoduo has launched its dedicated "Help the Farmers" channel on February 10, to match the demand from of users with products from over 12 million agricultural producers.

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