ecommerce Archives

Alibaba.com Releases June Cross-Border Index

Alibaba.com, a cross-border B2B e-commerce platform under Chinese tech giant Alibaba, released its cross-border index on July 6.

Douyin to Launch Recommendation App Kesong

ByteDance's short video sharing app Douyin, the Chinese mainland version of TikTok, will launch a brand-new recommendation application called "Kesong."

Douyin and Kuaishou Increase Investment in E-Commerce Logistics

Douyin and Kuaishou, two leading Chinese short video platforms, are increasing their investment in e-commerce infrastructure.

Kuaishou Revamps Push Into Targeted Overseas Markets

Kuaishou has recently revamped its overseas business strategy, setting up targeted ventures in various regions including Southeast Asia and Latin America.

“Lazada Forward Women Awards” Celebrates Female Entrepreneurship in Southeast Asia and China

Lazada awarded 21 female merchants in acknowledgement of their resilience and innovation in advancing e-commerce businesses on the platform.

TikTok Rival Kuaishou Sets Gross E-Commerce Merchandise Volume Target of $152 Billion

Chinese short-video platform Kuaishou has recently set a target range between 900 billion yuan ($141 billion) and 970 billion yuan in GMV for its e-commerce operations.

Mogu Inc. Reportedly Cuts Workforce, Earned 30.8% Less Year-on-Year

Chinese e-commerce and fashion platform Mogu Inc., which has reportedly carried out substantial layoffs recently, announced its financial report for the first half of fiscal year 2022.

Chinese E-Grocer Missfresh Bolsters Upstream Supply Chains Through Private Brands and Direct Sourcing

Missfresh is stepping up to improve profitability by developing in-house labels and expanding the scale of direct sourcing as the main problem China’s online grocery sector faces has changed from the last-mile logistics to the first-mile supply chain.

Live Streaming E-Commerce: Get Onboard Before It’s Too Late!

The boom of live streaming e-commerce in China is best understood as an outcome of layers of factors, some are particular to the history of Chinese e-commerce, others universal for any Internet companies in need for commercialization.

Amazon the Monopoly Takes on Unruly Chinese Firms

While many are convinced that Chinese sellers are receiving special treatment from Amazon, in the eyes of many Chinese merchants, Amazon is no friend at all. Rather, it is in part Amazon’s monopoly power that leaves them with no choice.

Ant Group to Adjust its Management Team

Ant Group, a Chinese Internet financial unicorn, released the latest information on an adjustment of its management team on Thursday.

Chinese Online Grocery Duo File for US IPOs, Spicing up China’s Already-Hot Fresh Produce E-commerce Market

Dingdong Maicai and MissFresh, leading players in China’s burgeoning fresh food delivery arena, filed for US listings on Tuesday, racing to become the first publicly-traded Chinese online grocery platform.

Alibaba’s Sales Surge Overshadowed by First Operating Loss As Public Firm After $2.8 Billion Antitrust Fine

Chinese tech and e-commerce giant Alibaba Group Holding fell into loss-making territory for the first time since going public in 2014 after being slapped a massive anti-monopoly fine by regulators.

Didi Said to Consider Separate IPO for Its Community Group-Buying Operation

Chinese ride-hailing giant Didi Chuxing is reportedly planning to spin off its community purchasing business and launch a separate IPO for the platform, which allows buyers to obtain discounts by ordering groceries in groups and have them delivered to their neighborhood, according to tech media outlet The Information.

Pinduoduo Leadership Change a Shot in the Arm for Corporate Governance

Pinduoduo took six years to build an online marketplace that serves almost 800 million paying customers - and that was not their only unprecedented feat.

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