
Pinduoduo’s Consumer-to-Manufacturer Model Helps Brands Domestic Sales During Pandemic
For a number of China’s export-dependent manufacturers, the pandemic was a big blow as some Chinese companies saw their export orders had decreased greatly.
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For a number of China’s export-dependent manufacturers, the pandemic was a big blow as some Chinese companies saw their export orders had decreased greatly.
Simon Hu, CEO of Ant Financial, Alipay’s rebranded parent company, announced that Alipay plans to upgrade from merely a financial service platform to a digital life service platform within the next three years.
Chinese online design platform Chuangkit recently completed a round B of financing worth tens of millions of dollars.
“Looking into the Milky Way with stars all over the sky, I feel that humans are humble, and my heart will be purer.” Yang said.
China's online food delivery-to-ticketing company Meituan Dianping reported a total loss of 115 billion yuan in last year, and an 11 billion yuan operating loss, dropping down by 190 percent compared to that of 2017.
Beijing-based global leading education startup, VIPKID, announced a strategic cooperation agreement with global educational and trade publisher, Houghton Miffli...
Chinese mobile content platform Qutoutiao announced that its online reading platforms Midu Novels and Midu Novels Lite have completed a $100 million round of financing led by CMC Capital.
Chinese travel service provider Ctrip announced yesterday that it will be launching an overseas ride-hailing service on its app to help Chinese tourists on their travels outside of China.
On Aug. 3, Pinduoduo’s official live studio "Limited Time Flash Sale" entered Hong Kong-listed electrical appliance retailer GOME’s largest flagship store in Shanghai.
Jun Ye, the president of DingTalk, a smart work software operated by Alibaba, announced on December 28 that the platform's number of users had exceeded 600 million, while the number of enterprises exceeded 23 million.
Nowhere has the digital platform economy's impact been more apparent than in China, where a burgeoning economy and technological metamorphosis in recent decades have been underpinned by a cohort of sprawling and innovative tech giants including Alibaba, Tencent and Baidu.
Chen Lei, one of the founding members and the newly appointed chairman of Pinduoduo, says that the firm’s recent success reaffirms their belief that the mobile internet has accelerated the merging of online and offline spaces.