Posted inHeavy Hitters

Google invests $550 million in JD.com strategic partnership with overseas focus

JD.com and Google have announced that Google will invest $550 million in cash into China’s largest retailer as part of a strategic partnership. The companies hope to explore retail opportunities together in Southeast Asia, the US and Europe and certain products will be made available on Google Shopping, according to an announcement released on JD’s […]

Posted inBranded Content, Up and Comers

Mobile devices and cloud computing are revolutionizing interior design

Editor’s note: This article was supported by Kujiale. We believe in transparency in our publishing and monetization model. Read more here. “If you are a building a really good design tool, the tool is not important. The designer’s idea is more important,”  said Wang Lei. “We want them to forget about the tool and focus on designing […]

Posted inUp and Comers

Pinduoduo in disputes with store owners after quality crackdown

Pinduoduo (拼多多), a money-for-value social-networking-based e-commerce platform, is now in disputes with store-owners doing business on the platform. Store owners believed Pinduoduo executed improper standards when evaluating their products. The platform launched a wave of internal quality and authenticity check to crack down on counterfeit goods. Suspicious products examined would be labeled in quality ranks […]

Posted inHeavy Hitters

Valve says Chinese players can still access Steam International despite the launch of Steam China

One June 12, Chinese game company Perfect World announced to partner with Valve, the parent company of the world’s largest game distribution platform Steam, to launch Steam China. According to local media PingWest, in a letter responding to Chongqing-based game studio Pathea (帕斯亚科技) today, Valve said Chinese players can still log in to Steam’s international site. […]

Posted inHeavy Hitters

8 Lessons from the rise of Douyin (Tik Tok)

Editor’s note: A version of this post by Hans Tung and Zara Zhang first appeared on Han’s blog. Hans Tung is a managing partner at GGV Capital. Zara Zhang is an investment analyst at GGV Capital. ByteDance and Musical.ly are GGV portfolio companies. For more on ByteDance, listen to their interview with Liu Zhen, senior vice president of ByteDance (and […]

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