Consumer Economy

After the fundraising, Chehaoduo will be valued above $9 billion.

Chinese ordering food online only accounted for 49% of the country’s entire internet population, the lowest utilization late among all internet services, indicating there is more room for food d

Chinese e-commerce giant JD.com announced Monday that the company will open 15,000 new positions for entry-level employees and managers, 67% of which are for its logistics business. JD.com told KrAsia

Shanghai-based social commerce company Pinduoduo has started to recruit international retailers to set up online stores on its app, according to a report on Tuesday. The site, Ebrun.com, covers news i

Amid China’s slowing economy, JD.com is not alone in doing so as Didi Chuxing is in a 2,000-employee layoff process and Alibaba has also confirmed that it is more cautious in new hiring.

Bhinneka expects to attract new segment of buyers through this partnership

The person who exposed the alleged privacy violation argues that the method with which JD Finance stores screenshots in its app justifies speculation about its motives

Alibaba announced in a filing with the Securities and Exchange Commission Thursday that its subsidiary Taobao has bought nearly 24 million shares of China’s leading online video sharing platform Bilib