Since the beginning of the year, many Chinese internet giants such as ByteDance, Meituan and JD.com have launched new part-time job platforms in an attempt to further reduce their operating costs.
Nowhere has the digital platform economy's impact been more apparent than in China, where a burgeoning economy and technological metamorphosis in recent decades have been underpinned by a cohort of sprawling and innovative tech giants including Alibaba, Tencent and Baidu.
Chinese Internet giant Alibaba is testing a new product called "Aookaa". Its slogan is "easier to work", which refers to its ability to improve office efficiency.
Chinese online design platform Chuangkit recently completed a round B of financing worth tens of millions of dollars.
Chen Lei, one of the founding members and the newly appointed chairman of Pinduoduo, says that the firm’s recent success reaffirms their belief that the mobile internet has accelerated the merging of online and offline spaces.
Chinese e-commerce player Pinduoduo has formed a strategic cooperation with state-owned China Post Group Co., Ltd.
For a number of China’s export-dependent manufacturers, the pandemic was a big blow as some Chinese companies saw their export orders had decreased greatly.
“Looking into the Milky Way with stars all over the sky, I feel that humans are humble, and my heart will be purer.” Yang said.
On Aug. 3, Pinduoduo’s official live studio "Limited Time Flash Sale" entered Hong Kong-listed electrical appliance retailer GOME’s largest flagship store in Shanghai.
Social commerce platform Pinduoduo focuses on sourcing fresh produce from rural farmers to build an initial user base. Farmers like Liu Xingjia and his “Grandma’s Dish” team have fought against all odds to bring the fruits of agriculture e-commerce to their village.
According to industrial data provided by Beike, impacted by the COVID-19 and stringent quarantine rules, the total volume of house renting in 18 Chinese cities slumped.
Simon Hu, CEO of Ant Financial, Alipay’s rebranded parent company, announced that Alipay plans to upgrade from merely a financial service platform to a digital life service platform within the next three years.
Chinese mobile content platform Qutoutiao announced that its online reading platforms Midu Novels and Midu Novels Lite have completed a $100 million round of financing led by CMC Capital.
Chinese travel service provider Ctrip announced yesterday that it will be launching an overseas ride-hailing service on its app to help Chinese tourists on their travels outside of China.
China's online food delivery-to-ticketing company Meituan Dianping reported a total loss of 115 billion yuan in last year, and an 11 billion yuan operating loss, dropping down by 190 percent compared to that of 2017.
Beijing-based global leading education startup, VIPKID, announced a strategic cooperation agreement with global educational and trade publisher, Houghton Mifflin Harcourt (HMH) on August 28, making the former the first online education platform to get full access to HMH’s K12 curricula.
VIPKid, the online children education brand has confirmed completion of its Series D+ round of financing with relevant details disclosed.