Consumer Economy

The social commerce firm is being criticized for its long working hours.

Chinese consumers are expected to account for 50% of the global luxury market by 2025. Second-hand luxury platforms have also sprung up in China to gain a slice of the market.

Shein and Zaful’s ultracheap styles drive sales in US, Europe and Middle East.

We are open to that option and we are now preparing for it, said Bukalapak CEO Rachmat Kaimuddin.

FirstCry has emerged as one of the biggest players in baby and mother care segment in the world’s second-most populous country.

The management announced on Instagram that an unnamed investor embezzled the clients’ funds, then disappeared.

Farfetch claims to be the No. 1 global online luxury fashion platform with more than 1,200 sellers.

Although widely criticized in the country, the “996 working culture” is still prevalent in the tech industry.