Consumer Economy

Cainiao has partnered with 4PX Express, a cross-border e-commerce solutions provider headquartered in Shenzhen, Guangdong province.

Brimore connects small and medium-sized manufacturers in Egypt with its network of freelancers, who sell consumer goods within their local communities.

The company manages an e-commerce app for trading second-hand luxury items including watches, shoes, and bags.

The app is still not available to the public, but might be at the end of May.

Coffee brands are diversifying, adding non-coffee drinks with herbs such as turmeric, ginger, and tamarind.

As labor costs rise and demand is down, the relationship between Meituan and merchants has become strained, echoing resentment against Taobao in its early days.

Mukesh Ambani has been on the mission to cut Reliance’s USD 21.4 billion net debt.

The Double Five shopping festival is part of measures to boost consumer spending, which has slowed during the COVID-19 outbreak.