JD Pingou will slash merchant commission fees as the two social e-commerce apps vie for market share in lower-tier cities.
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Posted inWith Chinese Characteristics
Insights | Why Chinese tech giants are becoming very generous
Under intensifying regulatory pressure, Chinese tech giants are scrambling to show their willingness to operate and invest in compliance with the state’s broad goal of “common prosperity.”
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 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 inNews
Daily Deals service Wowo finally goes to IPO after Long Delay
After missing several opportunities, Chinese daily deals company Wowo Ltd. (or 55Tuan) has finally went to IPO (NASDAQ: WOWO). After pivoting to become a local lifestyle e-commerce platform earlier this year, Wowo pussyfooted around having an IPO, with the company filing but delaying several times. Now Wowo’s pledge to go to IPO plans to raise […]
Posted inWith Chinese Characteristics
Content emerges as new driver of Chinese e-commerce
Perhaps the most significant development that pushed traditional e-commerce to content creation was Xiaohongshu.
Posted inViews
CHINA VOICES: Pity sales: Marketing slow-selling apples for fame, fortune, and success
This week, our source was Southern Weekly, where we came across this mind-bending look into the use of e-commerce platforms to sell fruits and produce, and all the ways around it.
Posted inTurf Wars
JD.com hopes to lead the omni-channel retail game
JD.com reaffirmed its partnerships with Tencent and Walmart.
Posted inEvents
6.21 ORIGIN Malaysia | Halal Tourism, Malaysia e-Commerce, Future of AI
Malaysia poised to be the gateway to ASEAN and beyond. Malaysia has witnessed regional growth sprouting up – making it a Regional Digital Hub to penetrate the Middle East & India market.
Posted inThe Numbers
China’s internet sector continues steady growth, new official figures show
The official figures show the overall internet industry maintained steady growth, and business revenue as well as operating profit both posted positive growth. For mobile apps, MIIT noted that online gaming and video/music live streaming are the two categories that see brighter prospects.
