Chinese netizens’ entrepreneurial spirit appears to have kicked in after Elon Musk appeared on the hit US audio app Clubhouse.
Spring Festival consumption is likely to remain strong in 2021, as consumers shift to online purchases and livestream.
For many, finding a good deal is the main reason to join a community group-buying platform. Socializing with neighbors is a reason to stay.
ByteDance joins the annual Spring Festival marketing blowout. Alipay prepares for the 2021 red envelope war. Edtech attracts more investment.
The Alibaba and Ant Group founder, Jack Ma, made his first public appearance in months at a video conference with rural teachers.
Pinduoduo is under fire again for deleting pictures from a user’s photo album without consent. Luckin opens up to franchises in lower-tier cities.
The Covid-19 pandemic accelerated consumer adoption of e-commerce on WeChat and powered growth, as confined shoppers spent more time browsing on the app.
Every penny a customer commits to pay on a platform is counted as part of GMV, whether or not they pay, or later get the money refunded.
Ele.me is criticized for its treatment of the family of a deliveryman who died on the job. The US may ban American investors from Alibaba and Tencent.
A short video showing individuals putting out the flames engulfing a deliveryman working for Ele.me in Jiangsu province went viral on Chinese social media.