China’s social travel platform Mafengwo to lay off 40% of staff

Screenshots of Mafengwo app (Image credit: TechNode) Chinese travel platform Mafengwo may be laying off 40% of its…


The China-based CRM startup bringing transparency to packaged goods

Image credit: Kehu As China’s tech majors are quickly pivoting from consumer-facing services to a business-to-business…


Chinese co-working giant Ucommune files for US IPO

Mao Daqing, founder of Ucommune. (Image credit: Ucommune) Ucommune, China’s largest co-working space operator, filed…


JD readies for life after Richard Liu

JD founder Richard Liu (Image credit: TechNode) With contributions from Wei Sheng A series of recent changes to…


E-commerce startup Taojiji may file for bankruptcy

Screenshot of the company's official website. (Image credit: Taojiji) Cash-strapped Chinese e-commerce startup Taojiji…


Pinduoduo says it is not joining the fray with livestreams, just helping sellers

Image credit: Pinduoduo Chinese social e-commerce site Pinduoduo said that the new livestream feature on its platform…


Charity crowdfund platform Shuidichou criticized for outreach tactics

(Image credit: Shuidichou) Chinese medical treatment crowdfunding platform Shuidichou is under fire on Chinese social…


Alibaba sharpens focus on C2M business with Taobao, Tmall restructure

Taobao and Tmall President Jiang Fan in 2019. (Image credit: Alibaba) Chinese e-commerce giant Alibaba has implemented…


Grocery startup Dailuobo may have burned $92 million in 5 months

(Image credit: Dailuobo) Dailuobo, the Chinese online-to-offline grocery startup is in a cash crunch after burning…


INSIGHTS | Will co-working survive WeWork?

(Image credit: TechNode/Jiayi Shi) This article was co-authored by Emma Lee. When WeWork started in 2010, it was one of…