Hema expects the green initiative to save over 12 million plastic bags and plant 15,000 trees.
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Posted inWith Chinese Characteristics
China Tech Investor: 21: Why UXIN’s stock is a lemon with Anne Stevenson-Yang of J Capital Research
Anne and her team at J Cap recently released a report accusing US-listed Chinese second-hand auto sales platform UXIN of fraud.
Posted inUp and Comers
Briefing: Auto platform Uxin narrows losses on swelling used car sales
The company seeks to increase its focus on its retail business to improve lower-tier city penetration.
Posted inHeavy Hitters
JD.com merges used goods platform Paipai with Aihuishou in recycling push
The new entity will expand into used book and home appliance sales.
Posted inOn the Cusp
The Chinese vaping startup betting on world-first innovations amid stricter regulation
Snowplus is funded by major tech VCs and has launched caffeine and smokeless e-cigarettes.
Posted inHeavy Hitters
What Cook and company are still getting wrong about Apple in China
The real situation in the country’s smartphone market, not the trade war, underlies Apple’s China woes.
Posted inOn the Cusp
Sneakerheads are China’s latest set of unlikely blockchain users
Sneaker trading platforms are increasingly adopting new technologies like blockchain to keep their users happy.
Posted inTurf Wars
EV maker Xpeng has 15,000 orders for its P7 sedan
Starting at $38,400, the sedan is designed to compete with Tesla’s Model 3.
Posted inHeavy Hitters
Douyin rival Kuaishou refocuses overseas, Brazil DAU surges to 3 million
Intense competition in China’s short video segment is pushing companies to seek growth in overseas markets.
Posted inTurf Wars
XAG unveils delivery drone developed with Airbus
The joint project will compete with similar efforts by Alibaba, Meituan, and JD.
