Pinduoduo

With Meituan in the lead, Douyin posing a challenge, and other contenders striving to catch up, the jury is still out on the future state of China’s local lifestyle sector.

In the final installment of this three-part series, we follow Duan Yongping through his BBK years to his early retirement.

In the first of this three-part series, we take a look at Duan Yongping’s childhood and university years, and how they shaped the man he was to become.

The online retailer faces economic headwinds on slowing consumer demand.

Pinduoduo has allocated RMB 10 billion to integrate technology into China’s agricultural sector and supply chains.

The ramifications are multifold, and may significantly reshape how Pinduoduo and ByteDance build their revenue streams and user pools.

Consumers are confused by overcomplicated and capricious discount rules, while e-commerce platforms pump up sales during shopping festivals like 618 and Singles’ Day.

A vicious cycle of monitoring and overwork is fueling productivity—and backlash.