NewsDouyin E-commerce targets RMB 4 trillion GMV in 2024, measuring up to PinduoduoPinduoduo’s GMV was RMB 4.05 trillion in 2023. 3 mins read
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. NewsLuckin Coffee’s margins shrink amid expansion to outplay Starbucks4 mins read
The Chinese e-commerce company surpassed market expectations with strong growth after a year of intense price competition. InsightsJD.com surges amid year of low prices, signaling major recovery6 mins read
Kuaishou has committed to providing customers with more choices and better experiences, but how will it deliver on these promises? InsightsKuaishou adopts “user-first” e-commerce strategy to win over customers7 mins read
Meituan Shangou, its quick commerce business, could play a significant role in its strategy to counter competition from main rival Douyin. InsightsWith Douyin looming, Meituan shifts focus back to its core business9 mins read
The leading Chinese operator is eyeing expansion into other markets. NewsFood delivery service Meituan beats revenue forecast2 mins read
The low-cost e-commerce giant is targeting agriculture and national brands in 2024. NewsTemu parent PDD’s shares rise after revenue beats estimates3 mins read
Nongfu Spring is experiencing firsthand the weight of public opinion, and it won’t be the last company to face such scrutiny. Fortunately, consumer sentiment is transient. InsightsWhy has Nongfu Spring become a “public enemy” in China?7 mins read
JD.com has responded differently to Pinduoduo’s meteoric rise compared to mutual rival Alibaba, with its approach appearing to yield positive returns. InsightsJD.com’s commitment to low-price strategy pays off with strong financial performance in latest quarter5 mins read
NewsDeals in brief: Podium nets Series A1 funding, Gyges Labs backed to redefine wearables, xAI raises USD 5 billion, and more