China

VSPN recently acquired the firm of Wang Sicong, son of Wanda-founder Wang Jianlin.

Lalamove’s orders increased 50% in 2020, despite a 93% year-on-year decrease in February.

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The grocery group-buying business has come under fire from state media as a cheap means of monetization, but how real is the threat posed to conventional retailers?

Both cooperated on different initiatives in the past years.

S&P Global Ratings estimates the market at just over USD 20 billion in 2020 and expects growth of 50-60% this year.

Short-video company targets e-commerce for growth, in defiance of leader Alipay.

The online purchase of fresh food is increasing rapidly in China.