Showing 12 of 117 posts with this tag
On December 9th, Richard Liu, the founder and chairman of JD.com, replied to employee comments on the company's internal network, stating that JD.com must change or there will be no way out.
Kuaishou has recently revamped its overseas business strategy, setting up targeted ventures in various regions including Southeast Asia and Latin America.
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.
Chinese e-commerce retailer JD.com, Inc. is planning to spin off and list its health unit on the Hong Kong stock exchange, the New York-listed company said Monday.
TEMU is about to launch a semi-hosted service in Japan and South Korea soon.
On January 17th, Temu, a cross-border e-commerce platform under Pinduoduo, officially launched its South Africa site. This is also the 49th country that Temu has entered since its launch in September last year.
China Eastern Airlines Logistics and SHEIN aim to enhance collaboration through expanding flight routes, increasing charter services, and strengthening logistics in South China and overseas markets by signing a strategic cooperation memorandum.
Smartisan founder Luo Yonghao announced on his Weibo that he intends to enter the live-streaming e-commerce sector.
Uniqlo has launched a lawsuit against three SHEIN-affiliated companies, accusing them of selling counterfeit versions of its round mini shoulder bags.
As short video apps and game livestreaming platforms are all jumping on the Chinese commercial livestreaming bandwagon, some of them are looking to appeal to a different demographic.
In the previous financial quarter, Alibaba International reported a substantial 45% year-on-year revenue increase, largely driven by the expansion of its cross-border operations, notably through the AliExpress' Choice service.
Temu's semi-hosted GMV in the US accounts for over 20% of the entire site.