Ecommerce is making China's deflation worsePinduoduo, popular among Chinese consumers for its discounts, sent "reminders" whenever other sellers dropped their prices below hers. When...
07 Oct, 2024, 11.33 PM IST
Has Apple's newest phone flopped badly? The iPhone 16 is already selling at a discount in ChinaConsumers in china are in anticipation for the launch of Apple's first on device AI software and online retailers has also reduced the pric...
18 Sep, 2024, 10.17 PM IST
E-commerce tycoon Huang tops China's rich listColin Huang's net worth reached $48.6 billion, making him China's wealthiest individual. He founded PDD Holdings, the parent company of e-c...
09 Aug, 2024, 09.28 PM IST
Chinese ecommerce giants face delicate balance between discounts, profitAlibaba's earnings reports are crucial indicators for China's consumer sentiment, influenced by competition from Pinduoduo and Douyin. The ...
13 May, 2024, 07.31 AM IST
Alibaba set to lose no. 1 ecomm player spot to PDDThe once-inconceivable shift reflects the turmoil that engulfed Alibaba after Beijing in 2020 targeted the company and its once-outspoken c...
01 Dec, 2023, 12.08 AM IST
China's ecommerce platforms not doing enough on climate: GreenpeaceIn a report ranking the environmental record of six of China's ecommerce giants, Greenpeace said the discount online shopping platform Pind...
09 Nov, 2023, 05.24 PM IST
Chinese retailers offer deep iPhone 15 discountsAnalysts say the iPhone 15 has not been selling as well in China as its predecessor. Counterpoint Research said last week that iPhone 15 sa...
23 Oct, 2023, 01.13 PM 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
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
Google suspends Chinese ecommerce app Pinduoduo after finding malware in versionsThe Mountain View-based company said on Tuesday it has found versions of the app, offering PDD Holdings Inc.’s flagship e-commerce service,...
21 Mar, 2023, 11.04 AM IST
China-linked online superstore pips Amazon, Walmart to become most downloaded app in USTemu, which runs an online superstore for virtually everything -- from home goods to apparel to electronics -- unveiled a commercial during...
20 Feb, 2023, 11.43 AM IST
US-listed Chinese tech companies cancel HK-listing plans: reportWhile the Chinese ecommerce firm has paused discussions of a potential Hong Kong listing, freight company Full Truck Alliance has scrapped ...
29 Dec, 2022, 08.25 AM IST
ETtech Long Read: Why China’s group buying model hasn't clicked in IndiaUnder group buying, companies sell products at much lower prices to customers provided they place orders as a group. Chinese internet firms...
17 Dec, 2022, 12.53 PM IST
Temasek hikes stake in ecommerce companies Amazon, PinduoduoTemasek, among the biggest investors in the world with major investments in Singapore Airlines, DBS Group and others, first disclosed a sta...
16 May, 2022, 06.10 PM IST
The next big trend in retail might be led by influencersWhen it comes to the expanding retail business, the world at large is probably on the verge of waking up to a new avenue which has the inhe...
16 Apr, 2022, 01.03 PM IST
Jack Ma loses title as China's richest man after coming under Beijing's scrutinyJack Ma and his family had held the top spot for China's richest in the Hurun Global Rich List in 2020 and 2019 but now trail in fourth pla...
02 Mar, 2021, 03.30 PM IST
E-commerce upstart wants its data back from AlibabaPDD’s in-house system now hooks up and shares information, such as unique identifiers for individual products, between merchants, couriers ...
28 Aug, 2019, 11.03 AM IST