Consumer Economy

Xiaohongshu expands group buying services across 49 cities, giving food and beverage merchants a break on fees.

Taobao’s full integration of WeChat Pay opens the door to millions of new users, especially in lower-tier markets.

Meituan’s second-quarter report shows profit margins reaching new highs as business strategy shifts inward.

FMG’s Benlai chain adds more Chinese stores and plans overseas debut in Thailand.

As PDD’s global challenges grow, its once unstoppable growth engine shows signs of strain.

Despite mounting pressure from global e-commerce giants, Mercado Libre still sets the pace in Latin America—but how long can it stay ahead?

A second restructuring of Douyin Waimai in just six months casts uncertainty over ByteDance’s approach to the food delivery market.

Chinese upstarts are cutting into the US e-commerce giant’s share with cheap goods.