
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.
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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.
Chinese video-sharing social networking app TikTok was reportedly planning to enter the e-commerce business in 2021.
Daraz Group and its parent organization Rocket Internet SE have both announced today that the Chinese e-commerce giant Alibaba Group has acquired Daraz. Alibaba...
Just as Alibaba celebrated their new record of $38.4 billion in GMV on the Singles’ Day shopping festival, rumors questioning the integrity of those numbers surfaced and circulated on Chinese social media platforms.
Xiaohongshu, one of the world's largest community e-commerce platforms, has been banned from Google's Play Store.
PDD Holdings’ US shopping app Temu is planning an expansion into Canada, just months after beginning operations in America.
Chinese interactive e-commerce platform Pinduoduo Inc. signed a memorandum of understanding with the Royal Danish Consulate General in Shanghai on Thursday.
People in China shop online for nearly everything. To expand the market size, China saw new opportunities in the community group buying segment.
It’s reported that JD has formed a strategic partnership with Kuaishou on e-commerce livestreaming.
Fast fashion e-commerce company SHEIN is now in talks with General Atlantic regarding a new round of financing.
However, when their e-commerce rivals like Alibaba’s Taobao and JD.com were boasting about their inflated GMV numbers during the shopping festival, Pinduoduo took another approach.
Alibaba Group kicked off its 2019 11.11 Global Shopping Festival, taking the annual celebration into its second decade with a focus on “new consumption,” “new business” and contributing to a greener society.