Retail

JD.com has responded differently to Pinduoduo’s meteoric rise compared to mutual rival Alibaba, with its approach appearing to yield positive returns.

Given the significant differences between the US and Chinese markets, is PDD Holdings risking a pyrrhic victory by emulating Pinduoduo’s strategy with Temu?

With heavyweight Douyin encroaching on its market share, Meituan cannot afford to remain in autopilot mode.

Whether Alibaba sells those businesses or not, it’s growingly evident that the Chinese tech giant is shifting its focus from new retail back to e-commerce.

The e-commerce landscape in Indonesia has come full circle with TikTok completing its comeback story alongside its newfound partner, Tokopedia.

In a message to all employees, Yu Yongfu, CEO of Ele.me, sought to quash the rumors before they escalate further.

To categorize the recent layoffs merely as a cost-cutting measure might risk oversimplifying the more nuanced strategy that Alibaba is implementing at Lazada.

Consumers flock to the 1688.com wholesaling site as the economy loses steam.