online shopping platform Archives

Cross Border E-Commerce Giant Shopee Cancels Many Offer Contracts

Heated discussion has arisen online in China recently regarding the mass cancellation of job offers issued by Southeast Asian e-commerce giant Shopee.

SHEIN Seeks $10B in Financing for $100 Billion Valuation

Fast fashion e-commerce company SHEIN is now in talks with General Atlantic regarding a new round of financing.

Asian Goods Shopping Platform Yami Secures $50M in Round-B Financing

Yami, the largest online shopping platform in North America specializing in Asian commodities, announced Wednesday that it has raised round-B financing of $50 million.

Retail Platform Dmonstudio Closed After Rumors It Belongs to ByteDance

Dmonstudio, a women's clothing retail website, was closed last Friday after it was rumored to be operated by Beijing-based tech firm ByteDance, the parent company of TikTok.

Suning.com Releases 2021 Town Youth Consumption Photo Report

On Tuesday, Suning.com released its 2021 Rural Youth Consumption Photo Report. The report tracks keywords that are popular or trending among younger consumers in rural areas.

China’s First Offline JD Mall to Open in Xi’an on September 30

JD.com announced on Tuesday that its first JD MALL, the company's new offline shopping center, will open on September 30 and be situated in Xi'an, the eastern end of the historical Silk Road.

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 Leads Farm-to-Table Movement in China

One of China’s leading interactive e-commerce platforms Pinduoduo (PDD) has capitalized on new opportunities to source fresh farm produce and deliver it to consumers.

TikTok Plans to Enter E-Commerce Business in 2021 with Livestream Shopping

Chinese video-sharing social networking app TikTok was reportedly planning to enter the e-commerce business in 2021.

Pinduoduo Reveals China’s Rising “Single Economy” Amid Lunar New Year Season

With the Chinese Lunar New Year around the corner, China’s leading interactive e-commerce platform Pinduoduo revealed several reports on consumers’ purchasing behaviors.

JD to Subscribe for 5.37% of China Dili’s Shares for HK$798M, Eyes Grocery Supply Chain

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.