E-Commerce

E-commerce giants Amazon and Flipkart saw their revenue from operations surge by 49% and 32% respectively in FY 2021 as millions of people opted to shop online due to the COVID-19 pandemic.

In October 2021, Amazon closed down its Kindle flagship on Taobao.

Indonesia-based J&T has quickly expanded into Southeast Asia, but China is now its main target.

Taobao, Pinduoduo, JD.com, Kuaishou, and Douyin were all targets of an investigation that began in November.

41 startups turned into billion-dollar companies after landing fat checks from marquee investors like Tiger Global and SoftBank.

This will be the largest shareholder dividend ever issued by a Chinese internet company.

Snapdeal plans to use INR 9 billion (USD 119 million) from the IPO proceeds for organic growth initiatives over the next five financial years.

Viya, one of the most popular livestreamers in China, was fined USD 210 million.