Chinese proverb of the day: “When standing under someone else’s eaves, you must....” How this powerful ancient Chinese saying explains modern China’s rise— where success comes from.....Chinese proverb of the day explains modern China’s rise with striking clarity. China’s GDP jumped from $191 billion in 1980 to over $17 tri...
20 Apr, 2026, 10.40 PM IST
Amazon takes low-cost ecommerce service globalAmazon on Friday expanded the reach of its low-cost ecommerce service to 14 additional markets and will call it Amazon Bazaar, as part of a...
07 Nov, 2025, 08.56 PM IST
Chinese ecommerce giants rush to Europe as Trump upends tradeThis surge marks a second wave of expansion, with companies like Inc. leading the charge, seeking alternative markets and nearshoring oppor...
04 Sep, 2025, 10.37 AM IST
Pinduoduo-owner PDD beats second-quarter revenue expectations, shares jumpEcommerce platforms in China have been offering discounts and subsidies to lure shoppers in an uncertain economy. The focus on low-cost pro...
29 Aug, 2023, 04.40 PM IST
Apple expands retail presence in China, opens store on WeChat platformThe move by Apple comes as Chinese consumers increasingly turn to social media platforms such as WeChat and ByteDance's Douyin, the Chinese...
11 Jul, 2023, 11.29 AM IST
Pinduoduo-owned ecommerce platform Temu expands to JapanThe marketplace, the sister site of Chinese discount ecommerce platform Pinduoduo, ships everything from clothing to electronics and home g...
06 Jul, 2023, 04.33 PM IST
Cyber theft hits China’s money spinner courier industryCybercrime is a rapidly growing threat around the world, with China being particularly susceptible. In February, 4.5 billion pieces of pers...
16 Mar, 2023, 12.40 PM IST
Alibaba looks to expand its Southeast Asian arm Lazada to EuropeThe move comes months after Alibaba's logistics arm, Cainiao, opened a central hub for European sales in Belgium.
28 Apr, 2022, 01.14 PM IST
ByteDance says it will downsize fintech business, plans to sell stock broker opsByteDance also operates Douyin Pay, its own third-party mobile payment, to facilitate users on e-commerce transactions on short video app D...
02 Sep, 2021, 12.05 PM IST
Indian traders on Alibaba seeing more discountsTop trade bodies shared this observation at a webinar organised by Confederation of All India Traders (CAIT) on plans of expansion of the b...
02 Jul, 2020, 11.49 PM IST
Alibaba to invest $1 billion in LazadaAlibaba took control of Lazada last year from Rocket in a $1 billion deal -its largest overseas move to date.
29 Jun, 2017, 09.17 AM IST
India's smartphone user base topped 300 million in 2016Chinese brands contributed to 46% of the total smartphone market with no Indian brand figuring amongst the top 5 smartphone brands for the ...
24 Jan, 2017, 05.02 PM IST
Alibaba’s Delivery boys set to scale Great WallThanks to the rapidly evolving ecommerce market in India, logistics firms have been in high demand among investors.
21 Sep, 2016, 02.19 AM IST
Ikea targets China, India expansion to lift sales by 50 per cent in four yearsThe retailer has a goal for revenue of ¤50 billion ($56 billion) by 2020.Sales in the 12 months through August rose 7.1% to ¤34.2 billion, ...
15 Sep, 2016, 12.08 PM IST
Anti-China policy not good, says ex-NSA Shiv Shankar MenonThe report mooted greater Chinese participation in India’s e-commerce sector and common Sino-Indian position on US-led Trans Pacific Partne...
08 Jul, 2016, 08.06 AM IST
LeEco sees 50% sales coming from brick and mortar retailThe Chinese internet and ecosystem conglomerate is also looking at launching its own ecommerce platform, LeMall in India to sell its device...
07 Jun, 2016, 09.33 PM IST
Policy should focus on making broadband ubiquitousContract enforcement and pan-India logistics, necessary conditions for expansion of e-commerce to all corners of the land, remain tough.
22 Sep, 2014, 04.46 AM IST