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| Sep 14, 2026 | Qupital Raises $300M in Series C Led by M Capital and New MUFG ABS Financing, Eyes Overseas Markets and IPO | Sustained profitability, industry leading performance, and tech driven automation position Hong Kong's digital trade finance leader for its next phase of expansion.
HONG KONG, Sept. 13, 2026 /PRNewswire/ -- Qupital, Asia's leading... |
| Jun 12, 2026 | Beijing Watchdog Tells Alibaba, JD.Com, Other E-Commerce Giants to Fix 618 Campaign Practices | (Yicai) June 12 -- Beijing's market regulator has told China's five leading e-commerce platforms, including Alibaba’s Taobao and Tmall Group and JD.Com, to rectify non-compliant practices in their promotional activities for the 61... |
| May 28, 2026 | Chinese online retailer Temu hit with $232 million fine over unsafe toys and electronics | Getting your Trinity Audio player ready...
By KELVIN CHAN, AP Business Writer
LONDON (AP) — Temu was hit with a $232 million fine Thursday after a European Union investigation found the Chinese online retailer failed to protect consumers fr... |
| Mar 26, 2026 | Pinduoduo unveils in-house brand with 100b yuan investment plan | A consumer walks past an advertisement of e-commerce platform Pinduoduo at a shopping mall in Shanghai. [Photo provided to China Daily]
China's major e-commerce platform Pinduoduo said on Wednesday that it will invest 100 billion yuan ... |
| Mar 25, 2026 | Temu-owner PDD misses revenue estimates | March 25 : Discount e-commerce player PDD Holdings missed market estimates for quarterly revenue on Wednesday, as subdued consumer spending weighed on its Chinese platform, Pinduoduo, overshadowing robust growth at its overseas marketplace ... |
| Mar 23, 2026 | Global Retail Media: From $184 Billion in 2025 to $312 Billion by 2030 | Share
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Global retail media advertising revenue reached 184 billion dollars in 2025, establishing it as one of the fastest-growing segments in the worldwide advertising industry. Projections from leading research firms... |
| Mar 15, 2026 | OpenClaw breathes new life into this Chinese tech stock ahead of earnings | |
| Mar 8, 2026 | Global Retail Media: From $184 Billion in 2025 to $312 Billion by 2030 | Share
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The trajectory of global retail media advertising is being written in boardrooms across three continents, as retailers with meaningful e-commerce audiences and transaction data recognise that they possess one o... |
| Mar 7, 2026 | Превращаем MIDI клавиатуру в синтезатор. Часть 1. Железо | Mini-JV880pi
В первой части я бы хотел рассказать про железную составляющую проекта. Вторая часть будет посвящена программному обеспечению и проблемам, которые возникли при этом.В видео на ютубе все нагляднее и со звуком
Странно, что я заня... |
| Feb 20, 2026 | Amazon, Etsy, other e-commerce stocks pop after Supreme Court rules against Trump’s tariffs | Shares of Amazon, Etsy, Shopify and a number of other e-commerce retailers jumped Friday.
The stocks climbed higher after the Supreme Court struck down most of President Donald Trump’s sweeping global tariffs.
E-commerce companies have come... |
| Feb 11, 2026 | CNBC’s The China Connection newsletter: Inside China’s push to feed 1.4 billion people without U.S. crops | Monday - Friday, 10:00 - 11:00 SIN/HK | 0400 - 05:00 CET
Investment in agriculture has boosted local availability of fresh produce.
China has long wanted to reduce its reliance on other countries for agricultural products.
Companies from e-... |
| Feb 8, 2026 | Tech giants in China sold off alongside their U.S. peers last week. How to play it | |
| Jan 28, 2026 | Shoppers clash over furniture at Ikea amid China store closures | New: You can now listen to articles.
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Scuffles were captured on video at an Ikea outlet in China as the retailer prepares to close seven stores, with online videos showing customers tussling over furnit... |
| Jan 21, 2026 | Xinhua Silk Road: Cross-border e-commerce export goods return central warehouse in E. China's Weihai boosts industrial dev't | BEIJING, Jan. 21, 2026 /PRNewswire/ -- The cross-border e-commerce export goods return central warehouse located in the Weihai logistics park of Shandong Port Logistics Group in east China's Shandong Province, has helped boost the rapi... |
| Jan 11, 2026 | Where stock analysts predict China’s consumers will spend in 2026 | |
| Dec 29, 2025 | AI reshaping commerce industry from assisted buying to autonomous transactions: Report | |
| Dec 18, 2025 | Beauty and wellness giant Mannings closes all stores in mainland China | Listen
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HONG KONG: Mannings, a Hong Kong-based beauty and wellness giant, has announced its exit from mainland China, citing “a strategic reset” and changes in... |
| Dec 17, 2025 | Megadeals propel startup financing in Greater China to nearly $13b in Q3 | |
| Nov 17, 2025 | Hillhouse’s HHLR Boosts Stakes in Pinduoduo and Alibaba, Exits JD.Com | (Yicai) Nov. 17 -- HHLR Advisors, the stock-market-focused investment firm under private equity giant Hillhouse Capital, ramped up its holdings in Chinese e-commerce giants Pinduoduo and Alibaba Group Holding in the third quarter but sold o... |
| Nov 12, 2025 | Syntun | 2025 "Double 11" Promotion Report: The GMV during China "Double 11 Shopping Festival" reached 1695 billion CNY (~238 billion USD) | BEIJING, Nov. 12, 2025 /PRNewswire/ -- After seventeen years of evolution, this year's festival has transcended its role as a mere shopping frenzy, reflecting a profound transformation within the retail ecosystem and deep technological... |
| Oct 16, 2025 | Hedge Funds’ Profit-Taking in Chinese Internet Stocks Is Natural, KraneShares Says | (Yicai) Oct. 17 -- It is unsurprising that some overseas hedge funds have recently taken profits from their Chinese internet stock positions after a strong rally this year, Henry Greene, head of investment strategy at KraneShares, told Yica... |
| Oct 10, 2025 | Chinese E-Commerce Sites Launch Double 11 Promotions Early | (Yicai) Oct. 10 -- Chinese e-commerce platforms, including JD.Com, Pinduoduo, and Douyin, have launched their promotional plans for the Double 11 shopping festival in advance to attract more merchants and consumers.
JD.Com’s Double 11 campa... |
| Sep 16, 2025 | Chinese E-Commerce Sites Slash iPhone 17 Presale Prices Despite Demand Picking Up | (Yicai) Sept. 16 -- Some Chinese e-commerce platforms have been offering discounts of up to CNY900 (USD126) to customers pre-ordering the iPhone 17 less than a week after it launched, despite a growth in demand compared with the previous se... |
| Jul 27, 2025 | Китайский интернет: как там? | Последние несколько лет в Рунете часто говорят, будто тот движется по китайскому сценарию — будь то Великий китайский фаервол или Государственный мессенджер, аналог WeChat. А какой этот "китайский интернет" с бытовой точки зрения?... |
| Jun 10, 2025 | Pinduoduo, FAO Hold Global Digital Agriculture Bootcamp for Young Innovators in China | DALI, China, June 10, 2025 /PRNewswire/ -- A group of young entrepreneurs from eight countries have completed a three-day digital agriculture bootcamp in Yunnan province, part of a global effort to equip the next generation of agrifood lead... |
| Jun 7, 2025 | The Ripple Effect of China's Manufacturing Surge: A Double-Edged Sword for Asia | China is back in the spotlight. Its manufacturing sector is revving up, sending waves across global markets. This surge stirs anxiety in Asia, where local industries fear being drowned by a tide of cheap imports. Yet, amid this storm, there... |
| Jun 6, 2025 | The world could be facing another ‘China shock,’ but it comes with a silver-lining | China’s manufacturing overdrive is rippling through global markets, stirring anxiety in Asia that a flood of cheap imports could squeeze local industries.
But for inflation-worn economies, economists say the influx of low-cost Chinese goods... |
| Jun 3, 2025 | Wildberries Expands into Social E-commerce with Wibes App | MOSCOW, RUSSIA – Media OutReach Newswire – 4 June 2025 – Wildberries, a leading e-commerce platform in Eurasia, is actively expanding into social commerce (s-commerce) with its short video app called Wibes which surpassed 5.5 million users ... |
| May 29, 2025 | PDD Holdings Faces Stormy Seas: Profit Plummets Amidst Competition and Trade Woes | PDD Holdings, the parent company of the e-commerce platform Temu, is navigating turbulent waters. The company reported a staggering 47% drop in net profit for the first quarter of 2025, plummeting to 14.74 billion yuan (approximately $2.05 ... |
| May 28, 2025 | Secretary of State Rubio says United States will begin revoking visas of Chinese students | Please subscribe to IBJ to decode this article.
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| May 28, 2025 | PDD's Stock Sinks After Temu Owner's First-Quarter Profit Plunges 47% | (Yicai) May 28 -- Shares of PDD Holdings tumbled after the Chinese owner of discount shopping sites Temu and Pinduoduo reported a 47 percent profit drop for the first quarter of this year, mainly because of more spending to support merchant... |
| May 27, 2025 | Temu-owner PDD Holdings profit dives as it faces challenges at home and abroad | Temu-owner PDD Holdings profit dives as it faces challenges at home and abroad
By Arsheeya Bajwa and Casey HallMay 27, 20251:58 PM UTCUpdated ago
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| May 25, 2025 | AI drives growth for a few Chinese companies. Analysts share their picks | |
| May 15, 2025 | Alibaba misses revenue estimates as it fights for China e-commerce market dominance | Alibaba misses revenue estimates as it fights for China e-commerce market dominance
By Casey Hall and Deborah Mary SophiaMay 15, 202511:00 AM UTCUpdated ago
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| May 15, 2025 | Alibaba shares drop 5% in premarket trading after big profit miss | Alibaba shares fell on Thursday after the Chinese e-commerce giant missed earnings expectations for its fiscal fourth quarter on both the top and bottom line.
Shares were down in premarket trade in the U.S following the results release.
Ali... |
| May 2, 2025 | The Shifting Sands of Tech Spending: A Tale of Caution and Opportunity | In the world of technology, the winds of change blow swiftly. The giants of cloud computing, Microsoft and Amazon, are at a crossroads. As they prepare to unveil their earnings, investors are not just peering at profits. They are scrutinizi... |
| May 2, 2025 | Can a pivot back home help bail out tariff-hit Chinese exporters? | Listen
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SINGAPORE: It was once hailed as China's answer to Apple’s Beats Electronics - offering sleek yet affordable high-quality audio devices that appe... |
| Apr 29, 2025 | Jack Ma implicated in removal of top official case: Was he forced by the Chinese regime? | Chinese e-commerce giant Alibaba's co-founder, Jack Ma, was implicated in a scheme to help remove a top Chinese regime official, reported the news portal The Guardian, citing documents on Tuesday, April 29.
The news portal report also ... |
| Apr 20, 2025 | Bernstein predicts which Chinese stocks can survive delisting and tariff worries | |
| Apr 18, 2025 | One in fourteen workers use China-based AI apps, study shows | |
| Apr 6, 2025 | China’s tech rally is just getting started, despite tariff shocks | |
| Apr 4, 2025 | Москва обогнала Гонконг в списке самых популярных городов у миллиардеров: впереди только Нью-Йорк
Москва обогнала Гонконг в списке самых популярных городов у миллиардеров: впереди только Нью-Йорк... | Москва обогнала Гонконг в списке самых популярных городов у миллиардеров: впереди только Нью-Йорк
Москва занимает второе место среди самых популярных для проживания городов у миллиардеров из списка Forbes, сообщает издание. В российской сто... |
| Apr 3, 2025 | Pinduoduo to invest $13.7 billion to transform, upgrade merchants | HONG KONG : Chinese e-commerce platform Pinduoduo, which is owned by PDD Holdings, will invest 100 billion yuan ($13.7 billion)over the next three years in transforming and upgrading platform merchants, Pinduoduo said on Thursday.
($1 = 7.2... |
| Mar 31, 2025 | Alibaba's AI Revolution: A New Dawn for China's Tech Giant | Alibaba is on the rise again. The tech giant has staged a remarkable comeback, with its U.S.-listed shares soaring nearly 60% this year. This surge has added over $100 billion to its market valuation. What’s behind this turnaround? The answ... |
| Mar 28, 2025 | Alibaba has staged a quiet $100 billion rally — AI and Jack Ma's return are at the heart of it | Alibaba's U.S. listed-shares have quietly risen nearly 60% this year, adding more than $100 billion to the company's valuation.
It's a turnaround from the last few years, which have seen the e-commerce giant's core busin... |
| Mar 26, 2025 | Китай в скидочной комплектации | |
| Mar 19, 2025 | Alibaba's 1688 Marketplace Shifts Gears: A New Era for Sellers | In a bold move, Alibaba's B2B platform, 1688, is set to scrap its controversial "refund only" policy. This change, effective later this month, aims to create a more favorable environment for merchants. The winds of change are... |
| Mar 18, 2025 | Alibaba's B2B Marketplace 1688 to Scrap 'Refund Only' Policy in Boost to Sellers | (Yicai) March 18 -- Alibaba Group Holding's online business-to-business platform 1688 said it will cancel its "refund only" policy starting late this month, following suit other Chinese e-commerce sites in optimizing relevant... |
| Mar 9, 2025 | China needs to boost its tech sector more than ever. How to play it | |
| Mar 5, 2025 | A China play that’s cheap and has little risk from the trade war — How to play it with options | |
| Jan 9, 2025 | US ‘notorious markets’ report warns of risks from online pharmacies | Last year, Federal prosecutors reported that a network of illegal drug sellers based in the U.S., the Dominican Republic and India had packaged potentially deadly synthetic opioids into pills disguised as common prescription drugs and sold ... |
| Dec 30, 2024 | New economic driving force: AI's development in China | |
| Dec 27, 2024 | How Asian stock markets are dominating the UK on IPOs | |
| Dec 13, 2024 | Любишь кататься — люби и китайское ввозить | |
| Dec 3, 2024 | E-Commerce Showdown: Takealot Faces New Rivals in South Africa | In the bustling world of e-commerce, competition is fierce. Takealot, South Africa's leading online retailer, is feeling the heat. Naspers, its parent company, recently highlighted the growing pressure from global giants like Amazon an... |
| Dec 3, 2024 | Alibaba Pours USD71.3 Million Into Ably to Enter South Korean E-Commerce Market | (Yicai) Dec. 3 -- Alibaba Group Holding has spent KRW100 billion (USD71.3 million) to acquire a 5 percent stake in fashion platform Ably, marking the Chinese tech giant's first e-commerce investment in South Korea, The Securities Times... |
| Dec 3, 2024 | Commentary: What 11.11 Singles' Day sales no longer say about China’s economy | Listen to this article
Commentary: What 11.11 Singles' Day sales no longer say about China's economy
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SINGAPORE: On Nov 12, 2020, amid the chaos of a... |
| Nov 29, 2024 | The rapid change of China's internet over 30 years | |
| Nov 27, 2024 | Tariffs and E-Commerce: The Shifting Landscape of Global Trade | The world of trade is like a chess game. Each move has consequences. As the U.S. government tightens its grip on tariffs, the landscape shifts. Companies scramble to adapt. The stakes are high, and the outcomes uncertain.
The recent rise in... |
| Nov 22, 2024 | Temu Owner PDD Plunges After Quarterly Earnings Growth Slows Again | (Yicai) Nov. 22 -- PDD Holdings’s stock price tumbled after earnings growth at the Chinese owner of discount shopping sites Temu and Pinduoduo slowed further in the third quarter.
PDD [NASDAQ: PDD] plunged 10.6 percent to end at USD104.09 a... |
| Nov 21, 2024 | Alibaba combines e-commerce arms to tackle growing competition | Alibaba combines e-commerce arms to tackle growing competition
By Casey HallNovember 21, 202411:13 AM UTCUpdated ago
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| Nov 19, 2024 | What to see at 2024 World Internet Conference Wuzhen Summit | |
| Nov 12, 2024 | Kazakhstan and China: Building a Digital Silk Road | Kazakhstan is on the move. It’s not just a country; it’s a strategic hub, a bridge between East and West. With the recent participation in the China International Import Expo (CIIE), Kazakhstan is embracing the digital age. The theme this y... |
| Nov 12, 2024 | Soul App Unveils 2024 Gen Z Double 11 Consumption Behavior Report: "Happy Consumption" Surges, with Over 40% Valuing "Emotional Value" | SHANGHAI, Nov. 12, 2024 /PRNewswire/ -- The 2024 edition of Double 11 graced us earlier than anticipated. During this "Double 11," Just So Soul Research Institute, a think tank dedicated to the youth, embarked on a "Double 11... |
| Nov 11, 2024 | CIIE: Kazakhstan Seeks Closer Digital Ties With China on E-Commerce, Investment | (Yicai) Nov. 9 -- Kazakhstan, a strategic hub along the ancient Silk Road, attended the seventh China International Import Expo which ended yesterday, with the theme “Digital Silk Road,” to pursue deeper integration with China in areas such... |
| Nov 8, 2024 | Nongfu Spring's Zhong Retains Crown as China’s Richest Man on Forbes List | (Yicai) Nov. 8 -- Zhong Shanshan, founder of beverage giant Nongfu Spring, is the wealthiest person in China for the fourth straight year with a fortune of USD50.8 billion, despite his fortune shrinking USD9.3 billion due to fierce competit... |
| Nov 7, 2024 | Trump Win Is Likely to Hike Product Prices on China's Temu, Shein, and TikTok Shop in US | (Yicai) Nov. 7 -- President-elect Donald Trump’s proposed tariff hikes could drive up prices for products sold on popular cross-border e-commerce platforms such as Temu, Shein, and TikTok Shop, even though Chinese sellers remain confident i... |
| Nov 1, 2024 | Зарубежные СМИ: Какие риски существуют для азиатских рынков? | |
| Oct 29, 2024 | The Rise and Fall of China's Billionaires: A Tale of Wealth and Woe | In the ever-shifting landscape of wealth, few stories capture the imagination like that of China's billionaires. Once a symbol of unbridled success, the narrative has taken a sharp turn. The latest Hurun China Rich List reveals a stark... |
| Oct 29, 2024 | Founder of TikTok owner ByteDance jumps to top of China's rich list | SHANGHAI: ByteDance founder Zhang Yiming is China's richest person, with a personal wealth of US$49.3 billion, an annual rich list showed on Tuesday (Oct 29), although counterparts in real estate and renewables have fared less well.
Zh... |
| Oct 29, 2024 | Apple set for biggest revenue jump in two years on iPhone demand in China | Boards, Policy & RegulationRegulatory Oversight
Apple set for biggest revenue jump in two years on iPhone demand in China
By Akash Sriram and Aditya SoniOctober 29, 202410:12 AM UTCUpdated ago
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| Oct 4, 2024 | Moutai and hairy crabs: Prices for luxury items drop to record lows during China’s Golden Week | SINGAPORE: China’s persistent economic woes have continued into its peak national holiday season this year, with price cuts and weak demand eating into sales of popular luxury items like hairy crabs and Moutai liquor.
The spending slump amo... |
| Oct 3, 2024 | Indonesia bans e-commerce firm Temu over fears its small enterprises could be ‘destroyed’ | Listen to this article
Indonesia bans e-commerce firm Temu over fears its small enterprises could be 'destroyed'
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SINGAPORE: Indonesia will uphold it... |
| Oct 2, 2024 | Cross-border E-commerce, Bonded Logistics, AI Empowerment, and Talent Support: Unlocking New Opportunities for International Brands to Seamlessly Enter the Chinese Market! | KUALA LUMPUR, Malaysia, Oct. 2, 2024 /PRNewswire/ -- In recent years, China's e-commerce market has witnessed unprecedented growth, with platforms such as Taobao, Tmall, JD.com, RedNote, Douyin, and Pinduoduo each attracting over 100 m... |
| Sep 30, 2024 | Alibaba's Taobao to Launch Free Shipping for Orders of Minimum USD14.10 in Hong Kong | (Yicai) Sept. 30 -- Taobao will start shipping products for free to its Hong Kong customers when they spend a minimum of CNY99 (USD14.10) as Alibaba Group Holding's e-commerce platform seeks offshore expansion with the gradual saturati... |
| Sep 20, 2024 | Huawei offers flexible and customized AI models
New Apple and Huawei smartphones hit stores
Hemione Hudson now PwC interim territory senior partner
China leading the world in its adoption of GenAI
Digital technologies boost global trade in services
International Industry Fair to showcase innovat ... | Huawei Technologies aims to provide Chinese enterprises flexible and customized cloud-based artificial intelligence services, with various AI models with 1 billion to 1 trillion data, the tech giant said in a conference held in Shanghai.
By... |
| Sep 20, 2024 | China's internet sector reaches new heights | |
| Sep 19, 2024 | Temu’s price game not enough for Southeast Asia | Premium Content
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Jofie Yordan · 11h ago · 6 min readTemu’s price game not enough for Southeast Asia
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| Sep 17, 2024 | Will Bilibili abandon gaming fanbase to fight ByteDance, Tencent? | Community Content
This article was written by a TIA community member. Community pieces are curated and lightly edited by TIA editors compared to stories produced by our newsroom.
Jeffrey Towson · 2d ago · 6 min readWill Bilibili abandon gam... |
| Sep 13, 2024 | Kantar ranks China's most valuable brands | Visitors check out Xiaohongshu's booth during its lifestyle-related event in Shanghai in August. [Photo provided to China Daily]
Media and entertainment brands, such as Douyin and Xiaohongshu, continue to absorb e-commerce business use... |
| Sep 4, 2024 | Why PDD’s earnings miss will slow Temu’s SEA expansion | Community Content
This article was written by a TIA community member. Community pieces are curated and lightly edited by TIA editors compared to stories produced by our newsroom.
Ivy Yang · 3h ago · 6 min readWhy PDD’s earnings miss will sl... |
| Aug 29, 2024 | Amazon Follows Taobao, Pinduoduo With Returnless Refunds, Gets Mixed Reaction From Chinese Vendors | (Yicai) Aug. 29 -- Chinese merchants on Amazon had mixed reactions when the US e-commerce platform launched a new returnless refund policy to follow Chinese peers Pinduoduo and Taobao.
With the new policy, merchants can save disposal fees w... |
| Aug 28, 2024 | China's AI sector speeds up for smarter future | |
| Aug 27, 2024 | China’s Top 10 Essential Apps in 2024: Transforming Business and Consumer Behavior | Share
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Mobile apps are very important in both everyday life and business in China, where the digital world is dynamic and changing quickly. China has more than a billion internet users, making it the world’s biggest o... |
| Aug 27, 2024 | Капитализация владельца маркетплейсов Temu и Pinduoduo сократилась на $55 млрд | |
| Aug 27, 2024 | China's PDD suffers US$55 billion market cap wipeout after flagging an uncertain market | China's PDD Holdings missed market estimates for quarterly revenue on Monday (Aug 26), and downbeat comments from executives about China's domestic e-commerce competition and the firm's global outlook sent its shares down mor... |
| Aug 22, 2024 | The E-Commerce Tug-of-War: Kuaishou's Struggles Amidst AI Hype | Kuaishou Technology is in the spotlight, but not for the right reasons. The Chinese video app, often seen as a rival to Douyin, has recently faced a significant downturn in its stock price. The reason? A slowdown in its e-commerce growth. D... |
| Aug 21, 2024 | Walmart's Strategic Retreat: A $3.74 Billion Exit from JD.com | In a bold move, Walmart has sold its entire stake in JD.com, marking a significant shift in its strategy within the Chinese market. The retail giant, once the largest shareholder in the e-commerce firm, has opted to focus on its own operati... |
| Aug 21, 2024 | Kuaishou’s Stock Sinks After Chinese Video App’s E-Commerce Growth Slowed in Second Quarter | (Yicai) Aug. 21 -- Kuaishou Technology's shares plunged after the competitor to Douyin, TikTok's sister app in China, reported a slower expansion in its e-commerce business in the second quarter of the year and despite the company... |
| Aug 21, 2024 | Walmart sells $3.74 bln JD.com stake to focus on its own China operations | Retail & ConsumerWalmart sells $3.74 bln JD.com stake to focus on its own China operations
By Kane Wu and Summer ZhenAugust 21, 20247:11 AM UTCUpdated ago
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| Aug 16, 2024 | The Ripple Effect of China's Economic Woes on E-Commerce Giants | China's economy is like a ship caught in a storm. The winds of uncertainty blow fiercely, and the waves of consumer caution crash against the hull of its e-commerce giants. Alibaba, a titan in the online retail world, recently reported... |
| Aug 15, 2024 | China's spending slump weighs as e-commerce giant Alibaba misses estimates | Retail & ConsumerChina's spending slump weighs as e-commerce giant Alibaba misses estimates
By Deborah Mary Sophia and Casey HallAugust 15, 20243:19 PM UTCUpdated ago
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| Aug 9, 2024 | Pinduoduo's Stock Price Surge Makes Founder China’s Richest Man | (Yicai) Aug. 9 -- Huang Zheng, founder of Pinduoduo, is the richest man in China, according to the Bloomberg Billionaires Index today, following a recent surge in the Chinese e-commerce giant’s share price.
Huang ranks 25th in the world wit... |
| Aug 2, 2024 | The Rise and Rumble of China's Tech Titans | In the bustling streets of China, two stories unfold. One is about the future of driving. The other, a clash between suppliers and an e-commerce giant. Both tales reveal the pulse of a nation racing toward innovation, yet grappling with its... |
| Aug 1, 2024 | Temu’s Chinese suppliers protest in Guangzhou over penalty policy | Hundreds of Chinese suppliers gathered outside Temu’s Guangzhou office building for a few days at the end of July to protest, as merchants were growing angry over the e-commerce platform’s after-service sales penalty policy. Videos circulat... |
| Jul 29, 2024 | Taobao loosens “refund-only” policy months after introduction | Taobao said it would relax the half-year in operation “refund-only” policy that allows shoppers to get a refund without returning the product, citing as a reason “optimizing the business environment while ensuring consumer rights.” The poli... |
| Jul 25, 2024 | Amid tensions, some states are purging Chinese companies from their investments | |
| Jul 24, 2024 | Douyin shifts e-commerce focus back to GMV growth after costly low-price strategy: report | Douyin, TikTok’s Chinese sibling, has recently shifted its e-commerce strategy to re-prioritize GMV growth over price competitiveness in an attempt to return to the GMV growth rate of over 50% it enjoyed last year. The move has been trigger... |
| Jul 24, 2024 | Temu hits $20 billion sales in H1 fueled by expansion efforts: report | Temu surpassed its 2023 total sales in the first half of this year to reach around $20 billion, according to a 36Kr report, underscoring the Pinduoduo sister app’s surging momentum as it pursues global expansion. Fast fashion retailer Shein... |
