Consumer Economy

This is the first time that a hotel chain operator in China has opened an online booking channel on Pinduoduo, which mainly sells groceries.

But average spending per user remained less competitive compared to Alibaba e-commerce and JD.com.

Motorcycle sales in Vietnam took a hit in the first quarter, dropping 3.7% YoY, and falling 71% in April.

Pinduoduo’s growth has continued in the post-pandemic recovery period, as the company seeks to expand its presence in China’s massive agriculture industry.

Informal services thrive easily on Taobao thanks to its large userbase and on-site messaging function.

WeChat users can now submit identity and bank information to register for a store.

Grocery delivery demand spiked since COVID-19 outbreak.

The startup aims to become a leading online healthcare platform in China with an ecosystem that includes insurers, pharmaceutical companies, hospitals and drug stores.