NewsPinduoduo eyes 100 million orders for agricultural produce in 12 days, linking with 20,000 merchantsCheap fresh produce is a tool for Pinduoduo to gain trust. 1 min read
The company predicts that it’s on track to reach the store level break-even point during the third quarter. NewsLuckin Coffee’s revenue increases 700% while net loss widens 100% in Q22 mins read
Behind this cooperation is AliExpress’ sales growth in 2018. NewsAlibaba’s cross-border e-commerce platform AliExpress allies with search engine Naver to boost sales to South Korean consumers1 min read
The core live-streaming business is growing well while the newer businesses short video and video conferencing are growing super fast. NewsAfter acquiring BIGO, China’s live-streamer YY says it gains 80% of its users from overseas2 mins read
Its controversial corporate shuffle has yielded positive results. NewsAt a turbulent juncture, JD.com reports overall profits and break-even for logistics business2 mins read
Douyu is now the largest game-centric live-streaming site in China by MAU. NewsChinese live-streaming platform Douyu reports profits after its struggling IPO2 mins read
The company offers its services to cities such as Beijing and Shanghai. NewsChina’s smart city “builder” Terminus raises USD 283 million from investors including Everbright, JD.com and Wanda1 min read
It is among the most downloaded apps in the Philippines and in Malaysia. NewsAs growth at home slows, Tencent Music expands its social entertainment app WeSing to Southeast Asia1 min read
BIGO hopes to generate more revenue based on its technology. NewsBIGO, part of Chinese live-streamer YY, wants to sell “Broadcasting as a Service”2 mins read
