Consumer Economy

Haokan, which is similar to Baidu’s Xigua, had 110 million daily active users as of last November.

There are about 3.5 million small neighborhood shops, known as warungs, in Indonesia.

Weishi launched its Chinese Farmers’ Harvest Festival Shopping Season in a bid to get more farmers selling their produce on the the platform.

The e-commerce giant is hitting its growth glass ceiling in domestic market.

Will super apps like Grab and Gojek implement the same strategy of do-everything platforms like WeChat and Alipay?

During the pandemic, the startup has seen multi-fold growth.

The firm just received USD 20 million investment in a Series A+ round led by Source Code Capital.

This move allows smaller companies and livestreamers to capitalize on the rapidly growing livestreaming e-commerce sector in China.