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JD.com to launch unified grocery group-buying service
Critics say that big companies are squeezing traditional small vendors.
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VSPN's lofty ambitions are riding on the popularity of e-sports among young people worldwide.
ClassIn has been used by 60,000 schools and institutional clients from 35 countries and regions around the world.
Latecomers have to be able to endure large-scale losses, says Haitong's Natalie Wu.
Kuaishou users bought goods worth USD 16.56 billion between January and June while watching short videos or livestreams.
As e-commerce platforms reshape Singles' Day, shoppers exhibit new behaviors in the world's largest online shopping market.
Buyers can earn a discount of as much as USD 4,570, if at least two individuals participate in the deal.
Xunxi factory, or Rhino Smart Manufacturing, was officially unveiled in September after three years of trial runs.
The company believes that consumer behavioral changes accelerate the online migration of retail.