Showing 12 of 405 posts with this tag
Richard Liu, the founder and former CEO of Chinese e-commerce giant JD.com, emphasized that low prices are the core competitiveness of the retail industry.
Pinduoduo, China’s largest e-commerce platform for agricultural products, has announced its Q3 earning last night and its user number has strongly increased to over 730 million buyers.
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.
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.
China's leading panel maker BOE and e-commerce giant JD.com officially announced on Monday the start of a new cooperation.
Chinese e-commerce platform JD.com has recently begun to undergo a new round of organizational restructuring. Jingxi Business Group under JD Retail will be broken up within this month.
Dmonstudio, a women's clothing retail website, was closed last Friday after it was rumored to be operated by Beijing-based tech firm ByteDance, the parent company of TikTok.
Beijing-based social media platform Momo plans to launch an app named Shumei ("raspberry" in Chinese), which will capitalize on young people's sharing and recommending needs.
Nongfu Spring and leading e-commerce platform Pinduoduo (PDD), on Aug. 11 announced a strategic cooperation to bring consumers a new shopping experience.
On October 25, the stock price of Pinduoduo, a new Chinese e-commerce star, soared by 12.62% to $39.38, reaching an all-time high.
Alibaba released its financial report for the quarter ended September 30. Alibaba International Digital Commerce Group, or Alibaba International, exhibits the fastest growth rate among all six major business groups.
Shenzhen issued a notice on August 5 that it would provide preferential subsidies worth $309,000 for individual business ventures to help cross-border e-commerce enterprises cope with Amazon's recent suspending of accounts.