China’s second-largest online shopping platform Pinduoduo has launched a mini program on its app that will allow consumers to verify the authenticity of their baby formula products.
Pinduoduo, China’s largest e-commerce platform for agricultural products, has announced its Q3 earning last night and its user number has strongly increased to over 730 million buyers.
Chinese interactive e-commerce platform Pinduoduo Inc. signed a memorandum of understanding with the Royal Danish Consulate General in Shanghai on Thursday.
Domestic demand serves as the driver of economic growth and the new online economy is helping promote the development of Chinese brands, a recent report said.
Just after the eight-day National Day golden week, the competition among Chinese e-commerce giants has begun - they are preparing for the upcoming annual Double 11 shopping festival.
Pinduoduo, China’s second largest e-commerce platform by traffic, recently announced that it would establish the “Cloud E-Commerce Alliance of Hairy Crabs in Yangtze River Delta”.
The Covid-19 Pandemic in 2020 has made a huge impact on the global economy and consumer market.
Consumers in China have come to expect e-commerce platforms to be more than just places to buy things.
Pandaily deep dives into a set of employment and consumption statistics to explain how e-commerce penetration is accelerating.
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.
It’s reported that JD has formed a strategic partnership with Kuaishou on e-commerce livestreaming.
Luckin Coffee opened an online store on its app and WeChat mini program, selling a wide range of products at discounted prices.
China's annual Spring Festival is approaching. On January 11, Taobao announced an exclusive e-commerce partnership with CCTV's Spring Festival Gala.
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.
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.