Tantan wants to solve China’s singles problem

Tantan, the Chinese app most comparable to Tinder, hopes to solve China's growing problem of too many singles. “There is a serious lack of opportunities for China’s young singles to make new friends. And this problem is much bigger than that in the west,” says Tantan's founder and CEO Wang Yu at TechCrunch Shanghai. “In Sweden for example, there are parties almost every day starting at junior…

Amazon China quietly brings Black Friday to China

While China's insatiable consumers are still recovering from their hangover on Singles Day—the country's equivalent of Black Friday and now the world's largest shopping spree—Amazon China is bringing the real Black Friday to the country as Thanksgiving falls on Thursday this week. Many Chinese shoppers may not be aware, but the American e-commerce giant has been running its Chinese version of…

Pony Ma takes aim at competition with open letter days before China’s largest shopping spree

Ahead of Tencent's seventh annual Global Partner Conference to be held on November 8-9, where third-party developers and partners around the world gather to learn about the latest moves of the Chinese tech behemoth, Tencent's founder and CEO Pony Ma released an open letter (in Chinese) on October 30 outlining seven key areas where the company is flexing its muscles. Deep integration: Promote…

Alibaba and JD gear up for China’s Single’s Day shopping frenzy

China’s largest shopping craze Double 11 (aka Single’s Day) is set to kick off on November 11th, and the country’s e-commerce giants Alibaba and JD are preparing to get the most our of consumers’ pockets. Single’s Day this year marks the one-year anniversary of Alibaba’s “New Retail” strategy launch. For JD, this time will be its first Single’s Day shopping spree after JD’s CEO Richard Liu…

China’s couriers raise price ahead of Single’s Day shopping frenzy

Prior to the Single’s Day shopping craze, China’s two major courier services ZTO Express and Yunda Express announced this week that they are raising prices. ZTO Express posted an announcement on its official website on Wednesday, stating that delivery fees are subject to variation due to the rising costs of transportation, labor, and packaging materials. Yunda Express also released a statement,…

Top web celebrity Zhang Dayi reveals her key to business success

Editor’s note: A version of this post by Yiling Pan first appeared on Jing Daily, the leading digital publication on luxury consumer trends in China.  China’s top web celebrity Zhang Dayi is finally coming into her own. Zhang, who first opened a store, “The Wardrobe I like”, on Taobao in the summer of 2014, was the first seller on the Chinese e-commerce platform to break the 100-million-yuan…

JD.com, Alibaba Clash Over Single’s Day Promotions

With just one week left before this year's November 11th Single's Day mega-sale event, China's top two e-commerce platforms are already at each other's throats. JD.com has filed a complaint with China's State Administration for Industry and Commerce (SAIC) claiming that Alibaba is attempting to bar merchants from participating on competing platforms during the upcoming sales, according…

Alibaba Unveils Omni-Channel Retail Plans for Single’s Day 2015

Alibaba Group revealed its retail plans for the 2015 Single's Day Global Shopping Festival this Tuesday, hoping to top their record breaking 2014 sales by inviting thousands of brands to participate in the festival. The shopping holiday, held on the 11th of November, is China's largest sale day for e-commerce platforms. Last year Alibaba recorded a record $9 billion USD in sales through its…

U.S. Black Friday Versus Chinese Double-Eleven Day

Black Friday, the kick off to the holiday season for brick-and-mortar retailers, has been envied, and then been borrowed and repainted into the Cyber Monday by U.S. etailers. Black Friday in this year recorded more than US$ 1.04 billion in sales, according to comScore. As for Cyber Monday, sales is expected to hit US$1.5 billion. Eyeing the year-end spending spree across the pacific, Chinese…

2011.11.11, $820m Transaction Volume, the Miracle Day for Taobao and TMall

2011.11.11 is named the "Super Singles Day" in China as you have to wait another 100 years to see next 11/11/11. I don't know why this date's getting so special, but people including couples did celebrate it for fun and it did bring huge commercial opportunities. The online shopping platform, Taobao and TMall has just done a superb job, and you could even call it a Miracle. Read more