Continuing its recent focus on e-commerce, Kuaishou is expanding into the competitive local services market.
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Posted inHeavy Hitters
Meituan begins job cuts to lower costs: report
Meituan becomes the latest Chinese tech major to begin large-scale layoffs. Companies are replacing veteran employees with cheaper new hands.
Posted inNews
Chinese education giant New Oriental finds new success in livestream e-commerce
New Oriental is among several tutoring companies pivoting to new business ventures after China’s crackdown on the private tutoring industry last July.
Posted inHeavy Hitters
Pinduoduo founder steps down as chairman as users surpass Alibaba
Pinduoduo founder Colin Huang will devote himself to food and life sciences, areas that overlap with the firm’s new business focus.
Posted inTurf Wars
The Big Sell | Meituan faces a profit pinch as China orders lower fees
Meituan faces a profit squeeze as Chinese regulators order platforms to cut fees to help small businesses.
Posted inEvents
Announcing winners of the OTEC-Emerge Technology Awards
Emerge is TechNode’s annual conference about emerging trends in China tech. It presents a strategic and forward-looking view of China’s tech sector in English with voices from experts and representatives of leading companies.
Posted inHeavy Hitters
Covid-19 squeezes Trip.com in Q2 as global travel stalls
Trip.com continued to grapple in the second quarter from stifling effects from the pandemic, and it expects the fallout to extend into the third quarter.
Posted inViews
A delivery driver’s tale
Wang Haijia ruminates over the time he has spent as a delivery driver, highlighting the dangers of the job and comparing it to other work.
Posted inHeavy Hitters
JD.com launches new premium lifestyle store in Beijing
JD.com will open the second Seven Fun in the second quarter of 2020. The store will be in Beijing as well.
Posted inViews
Singles Day from the trenches: the king of pre-sales
A TechNode reporter takes on 30 million Singles Day livestreaming shoppers in a race to buy discount hand cream from the Lipstick King.
