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However, for the first time, Single’s Day total GMV fell short compared to 6/18’s GMV in June.

Despite obstacles brought on by the COVID-19 pandemic, Haidilao’s stock price went up 48% over the last 12 months.

“Small is beautiful, small is powerful,” Ant Group says on its website.

Chinese companies will spend a total of USD 256 billion on digital transformation initiatives in 2020.

From Gojek to Tokopedia, Indonesia is home to some of the biggest players in Southeast Asia’s tech scene.

The second-hand luxury market only accounts for about 5% of the Chinese luxury industry in 2019.

Tech companies want to tap into customer data from small neighborhood shops in exchange for offering digital services.

From shareholders and leadership to operations and finance, Ant Group has Alibaba’s DNA right from the start.