Meituan faces a profit squeeze as Chinese regulators order platforms to cut fees to help small businesses.
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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 inHeavy Hitters
The Big Sell | Will Shanghai lockdown change the game for community group buying?
For millions stuck in Shanghai, purchasing daily goods has become a hassle. Community group buying has revived, thanks to its flexibility.
Posted inTechNode Insider
INSIDER | Move over, celebrity livestreamers: Here come the small-scale presenters
Celebrities dominate livestream e-commerce sales pitches in China. But smaller-scale presenters are on the rise.