Chinese cosmetics brand Perfect Diary has completed a new round of financing worth $140 million, and it plans to have an initial public offering in the US by the end of this year
Vipshop Holdings Ltd. said on Wednesday that Yang Donghao, its CFO, will step down from the position in November 2020 for “personal reasons.”
These Chinese shopping apps are now the most popular way for people to buy almost anything online.
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.
Tencent, JD.com and Vipshop announced that Tencent and JD.com would invest US $863 million in Vipshop. After investment, JD.com is making a leap toward its goal of "selling clothes on JD.com”.