Coffee and Commerce

ByteDance-owned TikTok remains committed to the US market despite recent setbacks.

Pinduoduo’s GMV was RMB 4.05 trillion in 2023.

Luckin Coffee’s rapid expansion has positioned it as a dominant force in China’s coffee market, but at the cost of strained profit margins.

The Chinese e-commerce company surpassed market expectations with strong growth after a year of intense price competition.

Kuaishou has committed to providing customers with more choices and better experiences, but how will it deliver on these promises?

Meituan Shangou, its quick commerce business, could play a significant role in its strategy to counter competition from main rival Douyin.

The leading Chinese operator is eyeing expansion into other markets.

The low-cost e-commerce giant is targeting agriculture and national brands in 2024.