Hema expects the green initiative to save over 12 million plastic bags and plant 15,000 trees.
Re-commerce, or secondhand shopping, is growing fast in China. But users are finding scams and counterfeits mixed in with the bargains.
The new entity will expand into used book and home appliance sales.
Recent floods have washed away remote Sichuan bitcoin mines, but small wildcat miners were already getting washed away by Big Bitcoin.
Snowplus is funded by major tech VCs and has launched caffeine and smokeless e-cigarettes.
Editor’s note: A version of this post first appeared on Yicai Global, the English-language financial news service of Shanghai Media Group. Yicai Global is one of just two dedicated Chinese news feeds connected to the Bloomberg terminal. Kumai (Kumai.jd.com), the online second-hand goods market launched by China’s e-commerce giant JD (京东) only four months ago, will shut […]
Oyo’s spectacular retreat in China may have some lasting effects on SoftBank. Or it may be just another Tuesday in venture capital land.
The ORIGIN Innovation Awards finalists list is up! Results will be announced on Nov. 18, 2020 during the ORIGIN Conference, so stay tuned.
The real situation in the country’s smartphone market, not the trade war, underlies Apple’s China woes.
As Meituan CEO Wang Xing’s right hand man—and college best friend—announces his retirement, TechNode takes a close look back at his career.