Showing 12 of 405 posts with this tag
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.
Chinese tech and e-commerce giant Alibaba Group announced its financial results for the quarter ended December 31, 2021. Its revenue in the period reached 242.58 billion yuan ($38 billion), a year-on-year increase of 10%.
Suning.com and its logistics subsidiary became involved in a bankruptcy review case on November 21, triggering rumors about the e-commerce platform that has been struggling with a persistent debt crisis. This report was later officially denied by the company.
Here is this week's roundup of tech stories in China. For dating app users in China, the Tinder-like Tantan is probably a good choice for you! It seems to pr...
The e-commerce arm of Kuaishou, TikTok's rival in China, announced the establishment of a real estate business center by an internal letter in April this year.
Southeast Asia, as a rapidly developing emerging region, has always been a popular destination for Chinese enterprises to begin their global ambitions. In this region, Indonesia has the largest land area, economic scale and population, so it is often one of the focal points of expanding enterprises.
On November 8, Alibaba Group announced an additional investment of roughly $3.3 billion to increase its equity stake in the logistics company Cainiao they launched in 2013.
Payment services provider PingPong has reached a cooperation with global retail giant Walmart, helping it process transactions in the United States and Mexico.
The Covid-19 Pandemic in 2020 has made a huge impact on the global economy and consumer market.
Wei Wenwen, President of Douyin E-commerce, announced that the platform's GMV in the past year increased 3.2 times year-on-year, and that more than 10 billion products were sold.
Chinese e-commerce platform Pinduoduo is reportedly preparing a cross-border e-commerce app, expected to be released initially for the US market in mid-September. A cross-border platform investment pamphlet from insiders in Pinduoduo showed more details.
MissFresh, a fresh produce e-commerce platform, announced the completion of their Series D fundraising on September 6. The $450 million round is lead by Goldman...