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.
New digital payment rules likely to hit Ant Group, Tencent
The new antitrust rules for China’s digital payment market could trigger a regulatory review of Ant Group and Tencent based on market share.
Pinduoduo blasted for user privacy breach, Luckin franchises: Retailheads
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.
WeChat doubled mini program GMV in 2020
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.
Thrills, suspense, Flash updates: Dalian railway tech support goes viral
Adobe ended support for its notoriously virus-prone web standard on Jan. 12 and Flash was little missed—except in the Chinese government.