On the evening of Dec. 27, China Dili Group issued an announcement that e-commerce giant JD.com intends to subscribe for 5.37% of China Dili's shares for HK$798 million.
Taobao announced the top 10 products on the online shopping site in 2020.
People in China shop online for nearly everything. To expand the market size, China saw new opportunities in the community group buying segment.
On Nov. 25, e-commerce platform Pinduoduo released a list of its top consumer goods for women in early winter.
On Nov. 21, Pinduoduo officially launched the "Italian National Pavilion".
China’s second-largest online shopping platform Pinduoduo has launched a mini program on its app that will allow consumers to verify the authenticity of their baby formula products.
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.
Chinese interactive e-commerce platform Pinduoduo Inc. signed a memorandum of understanding with the Royal Danish Consulate General in Shanghai on Thursday.
Domestic demand serves as the driver of economic growth and the new online economy is helping promote the development of Chinese brands, a recent report said.
Just after the eight-day National Day golden week, the competition among Chinese e-commerce giants has begun - they are preparing for the upcoming annual Double 11 shopping festival.
Pinduoduo, China’s second largest e-commerce platform by traffic, recently announced that it would establish the “Cloud E-Commerce Alliance of Hairy Crabs in Yangtze River Delta”.
The Covid-19 Pandemic in 2020 has made a huge impact on the global economy and consumer market.
Consumers in China have come to expect e-commerce platforms to be more than just places to buy things.
Pandaily deep dives into a set of employment and consumption statistics to explain how e-commerce penetration is accelerating.
Chinese online retailer Vipshop reported sliding revenues and profit in the first quarter of 2020 as the COVID-19 pandemic disrupts logistic services and supply chains.