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Shopping

Retailing pioneer adds reinvented MDL Wholesale to IPO shopping list – Bamboo Works – Where China Stocks meet global investors

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The provider of wholesaling services for retailers has filed to list in Hong Kong, but its heavy reliance on parent company Wumart Group has...
Fashion

No more keeping up with the Joneses: ‘poor man’s meal’ on the rise in China

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“It’s clear that people have become much more humble now. There’s no more keeping up with the Joneses, and everyone is returning to a...
Shopping

Midyear shopping fest flop clouds China’s retail outlook

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Retailers in China confront...
Shopping

Chinese e-commerce sales up 14% for 618 shopping festival, report says

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Douyin, the Chinese version of TikTok, led all other platforms with a 26.2 per cent surge in GMV, followed by Pinduoduo’s 17.7 per cent...
Shopping

China’s midyear shopping festival ends with Alibaba, JD.com declaring victory

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Alibaba Group Holding and JD.com touted impressive growth trends but declined to reveal total gross merchandise value (GMV) figures for their midyear 618 shopping...
Shopping

Alibaba, Xiaohongshu boost sales in midyear shopping festival

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Alibaba Group Holding said it is seeing “encouraging” user engagement and merchant growth during the 618 midyear online shopping festival, as rival Xiaohongshu, China’s...
Shopping

Alibaba’s pro tip to CEOs: live-stream on Taobao to engage consumers

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Alibaba Group Holding is pushing CEOs to live-stream on its domestic e-commerce platform Taobao, as the tech giant ramps up efforts to win back...
Shopping

Pinduoduo heats up online price war during China’s 618 shopping festival

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The novel system, which Pinduoduo rolled out on Wednesday, provides merchants on the platform a fast and intelligent way to “keep pace with ...
Shopping

Alibaba touts 618 shopping festival sales, a sign of brighter outlook

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Alibaba Group Holding and other e-commerce operators have released encouraging early sales data from their midyear 618 promotions – China’s biggest shopping season after...
Shopping

PDD’s Temu shopping app hit with EU consumer rights complaint

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Temu, with 75 million monthly EU users as of March, often failed to provide consumers with crucial information about the sellers on its platform...

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