Retail

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.

Efforts to surpass Alibaba at home and chase Amazon abroad come with human cost.

The president of Meituan’s in-store business candidly discussed the company’s prospects in his new year’s message, addressing the challenges posed by competitors like Douyin.

Lazada’s decision to retrench employees may be unpalatable, but Shopee’s recent trajectory suggests that it could be a strategic move for the company.

Iuiga found success by offering quality products at affordable, transparent prices. But it may need an extra edge to thrive in a more intricate market like China.

The financial hub’s retailers are ‘worried’ as their customers flock to the mainland instead.