Consumer Economy

Chen, also a founding member of Pinduoduo, had been involved in operational decisions while serving as the company’s chief technology officer since 2016.

E-commerce companies are preparing to bolster their supply chain ahead of the festive season sale in the country.

Walmart pumped in USD 1.2 billion in Flipkart, at a valuation of USD 24.9 billion this month.

The hardware will be based on Alibaba’s XuanTie processors.

Lurking beneath Taobao lies a hidden informal economy for services.

The third in a three-part series explores where the company is heading.

Pinduoduo’s aggressive discounts are enraging some big brands who are reluctant to give up control over brand image and pricing strategy.

Xingsheng Youxuan leverages group-buying to provide groceries at bargain prices to residents who live near to each other.