NewsTencent-backed second-hand goods app gains traction with 50 million monthly active users in 2018That platform handles inspections and shipping. 1 min read
Corporate registration information shows that Tencent and its wholly-owned subsidiary Tencent Mobility Limited have become shareholders of Chongqing Yipienhong Technology Company Limited, which runs cNewsTencent augments its retail arm with investment in neighbourhood fresh-food stores1 min read
This allows the tech giant to better monetize its huge search traffic and to catch up with the other two tech giants in China NewsBaidu’s mini programmes now have more than 150 million users1 min read
The two companies plan to work together in new retail too. NewsAlibaba augments its logistics arm by buying stake in STO Express1 min read
The site offers sweet deals to its shoppers. NewsThailand-based cashback platform RebateMango acquires competitor1 min read
The company translates social media influence into e-commerce sales. NewsAlibaba-backed e-commerce KOL facilitator Ruhnn aims to raise $200m via US IPO2 mins read
Every business needs office supplies. NewsAlibaba links up with US retailer Office Depot for co-branded online store1 min read
A marketplace for authentic handicrafts bites the dust. NewsIndonesian online marketplace Qlapa shuts down2 mins read
FeaturesFrom slump to RMB 10 billion comeback: How a Chinese snack brand found new life in social commerce