Consumer Economy

General Atlantic is the fourth investor to come on the cap table of Jio Platforms in the past four weeks.

Independent directors named as CEO Son tries to boost confidence after big loss.

Kuaishou sets a yearly target of RMB 250 billion in livestreaming e-commerce GMV, above Douyin’s target of RMB 200 billion.

Chinese e-commerce stocks soar following Chinese Labor Day sales campaigns.

Dada Nexus’ IPO marks the second China-based company aiming to go public in the US after the Luckin Coffee scandal involving fraudulent financials.

IUIGA plans to grow its Indonesian operations, doubling the office’s headcount in the coming six months.

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.