China

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

Huohua Siwei already attracted 85,000 daily learners on its various learning apps.

In about two years, Flash Express has grown to be the second-largest private express delivery provider in the Southeast Asian country.

Alibaba’s newest promotion mirrors a similar play by Pinduoduo in July and August.

The company’s childhood education apps have gathered 10.3 million monthly active users in the second quarter of 2020, up 222% year-on-year.

With the platform extending the maximum length for videos and introducing other updates, Channels could be WeChat’s next battleground to drive sales.

Didi Chuxing’s carpooling service, Hitch, faced significant setbacks when two passengers were killed by drivers using its app in separate incidents.

Favored by millennials, the video site is to file a secondary listing, following the steps of its US-listed Chinese peers.