On March 8, Pinduoduo, a leading e-commerce platform in China with over 730 million users, established a partnership with Midea, the country’s largest consumer electronics brand.
Chinese video platform Bilibili is ramping up efforts to expand its business into the domestic payments market and could be launching its own online payment system in the near future.
Exotic antiques, animated furniture, a bed designed in a suitcase, you may find yourself in a life-sized comic book in Suning’s pop-up exhibition in Nanjing.
China’s market regulator said it fined operators of Alibaba’s Tmall, JD.com and Vipshop for mispricing products in November and early December, as Beijing steps up regulation of the e-commerce sector.
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.
High profile livestreamer Xin Ba has been fined 900,000 yuan ($138,000) for selling counterfeit bird’s-nest soup, in the latest dispute related to false advertising in China’s booming livestreaming industry.
Walmart and TikTok announced this morning that they will co-host the first “shoppable” live-stream event on TikTok on Dec. 18, at 8 p.m (EST).
People in China shop online for nearly everything. To expand the market size, China saw new opportunities in the community group buying segment.
Yasten Holding, the parent company of popular Chinese makeup brand Perfect Diary, went public Thursday on the New York Stock Exchange (NYSE), becoming the first Chinese beauty group listed on the U.S. stock market, and shares surged 75% on the first day of its listing.
Chinese social and gaming giant Tencent reported strong Q3 financial results on Thursday, generating a revenue of 125.5 billion yuan ($18.9 billion), up 29% year-on-year and ahead of analysts’ expectations.
China’s e-commerce platforms disclosed their Double 11 shopping festival performance and all set new records.
As the COVID-19 pandemic rages across the world and challenges the global economy, e-commerce livestreaming related industries continue to thrive in China.
Alibaba’s double 11 shopping festival kicked off on Oct. 21, and is off to a strong start.
Cainiao Smart Logistics Network announced a partnership with BEST Inc. on Wednesday to launch an end-to-end logistics service between Malaysia and China to shorten delivery time for cross-border e-commerce parcels.
Chinese e-commerce retailer JD.com, Inc. is planning to spin off and list its health unit on the Hong Kong stock exchange, the New York-listed company said Monday.