The move is reminiscent of Alibaba’s recently launched ‘A100′ program, which aims to help companies’ digital transformation.
Rising commission fees are eroding profitability at small restaurants. Many owners say they’ve had enough.
The company is currently worth $2.2 billion following a $200 million round of funding in December.
You might think e-commerce is saturated and O2O has room to grow. What if it’s the other way round?
Waste-sorting has become a hot topic in the eastern Chinese city as online platforms seize on opportunities in the sector.
Online grocery platforms such as Miss Fresh, Alibaba’s Freshippo, and newcomer Dingdong give customers access to food delivery at the touch of a button.
As the Chinese O2O market settles and room for scalability shrinks, an AI race is set to fire up again the competition in the sector.
Corruption was a trademark of China’s economic boom years, and now the attitude towards such practices is changing.
Iwjw, a self-claimed property unicorn, appears to have gone into liquidation.
The company plans to increase its market share by expanding its retail business in the southern region of China and in Beijing.