Consumer Economy

This move comes after the firm’s net income in the fourth quarter of last year decreased by 42.9% year-on-year.

Forrester projects the e-retailers to grow by 5% this year in the best-case scenario, as compared to about 26% growth they enjoyed last year.

Seven museums each had around an hour to give viewers an online tour experience

Pinduoduo employees have reported a ban from Alibaba to use Taobao’s Juhuasuan, while Alibaba says that it will not allow violation of the platform’s terms.

The China e-commerce giant is said to have devoted at least USD 800 million in sponsorship for the Olympic Games.

The transaction is expected to close within the first half of 2020.

30 states and Union Territories are under complete or partial lockdown.

Having multiple options for getting medicine and health supplements delivered to you is always good. Even more so during the COVID-19 pandemic.