Outpaced by local rivals, Amazon struggles to remain relevant in China

(Image credit: Amazon) Amazon is shrinking its e-commerce offerings in China, where market share for the US mega…


Coffee upstart Luckin raises $150 million in Series B+, valuation now $2.9 billion

A Luckin takeout order sits on a counter at one of the chain’s Shanghai stores on Mar. 14, 2019 (Image credit:…


As JD CEO and founder faces public criticism, what’s next for China’s largest retailer?

A doorman keeps watch at JD's Beijing headquarters, pictured here in November 2018. (Image credit: TechNode/Cassidy…


Briefing: Amazon reportedly withdrawing from China

Update: Amazon will cease support for third-party merchants on Amazon China’s website. 爆料:亚马逊将宣布退出中国 - 媒体训练营 What…


In wake of fresh rape claims, scrutiny of JD founder Richard Liu intensifies

The exterior of online retailer JD's Beijing headquarters, pictured here in November 2018. (Image credit: Cassidy…


Briefing: Tencent’s auto intelligence arm teams up with weather data site

腾讯车联与中国天气网达成战略合作 推动精细化气象数据进车 - Tencent Tech What happened: Tencent Auto Intelligence, the tech giant's smart vehicle…


Briefing: Alibaba-backed used goods platform Idle Fish investing in content

闲鱼计划三年培育10万玩家 打造有趣的社区 - Sina What happened: China's top second-hand goods selling platform Idle Fish, known by its…


WeWork Labs and Alibaba Cloud join hands to give startups a push

Roee Adler, global head of WeWork Labs (Image credit: WeWork) The China unit of WeWork’s accelerator-type program…


Pinduoduo's reputation as fake seller endures as Apple seeks to halt sales

Image credit: Pinduoduo Chinese social e-commerce upstart Pinduoduo can't rid itself of its reputation as a counterfeit…


Briefing: JD.com reportedly planning to lay off as many as 12,000

Deep Cuts Planned at China’s JD.com - The Information What happened: JD.com is working on a new round of layoffs that…