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iPhone 15 Series Gets Deep Discounts by Chinese Retailers as Analysts Point to Weak Sales
Chinese e-commerce platforms including PDD Holdings' Pinduoduo and Alibaba's Taobao are offering deep discounts on Apple's latest iPhone 15 series, with some selling models up to CNY 900 ($123) below the retail price.
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Tencent, Alibaba Added to 'Notorious Markets' List by US
Tencent and Alibaba have joined other Chinese-based online marketplaces in the list of ‘notorious markets’ as identified by the US. The list identifies 42 online markets and 35 physical markets that are reported to engage in or facilitate substantial trademark counterfeiting or copyright piracy.
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Chinese Province Summons Five E-Commerce Firms Over Livestreaming
A consumer protection organisation in China's Zhejiang Province on Thursday summoned five online platforms including Alibaba Group's Taobao, Pinduoduo and JD.com over livestreaming irregularities.
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Alibaba's E-Commerce Empire Under Threat From Douyin, Pinduoduo
For more than a decade, Alibaba Group has been China's undisputed e-commerce king but of late its crown has shown signs of slipping, unsettled by an influx of aggressive competitors into the sector.
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TikTok-Parent ByteDance Founder Zhang Yiming Said to Step Down as Chairman, Leaves Board
ByteDance founder Zhang Yiming has stepped down as chairman of the TikTok owner, after saying in May he would step down as CEO, a person with direct knowledge of the matter said, in the latest shake up at the tech giant.
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Chinese Billionaire Loses $27 Billion In World's Biggest Wealth Drop
Colin Huang, the founder of Chinese e-commerce platform Pinduoduo Inc, has lost more wealth this year than anyone else in the world.
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Pinduoduo E-Commerce Firm Had Nearly 12-Hour Working Shifts on Daily Basis, Employee Says
A former employee at China's Pinduoduo told state news agency Xinhua of long working hours at the ecommerce firm after the recent death of an employee there.
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Jack Ma Dethroned as China's Richest by Tencent's Pony Ma
Tencent Holdings’ $40 billion surge this week and the recent ascent of Pinduoduo have reshuffled the ranking of China’s richest people.
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Alibaba Singles' Day Sales Hit Record $38 Billion in China
November 11 has long been celebrated in Asia as "singles' day" - because the 11/11 date looks like four singles - and has been commandeered in Japan and South Korea by Pocky and Peppero respectively.
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Ex-Google Engineer Builds $1.5 Billion Startup In 21 Months
Colin Huang belongs to a rarefied cohort of Chinese entrepreneurs who launched their careers in Silicon Valley and then returned home to start successful tech companies. Huang, an ex-Google engineer who worked on early search algorithms for e-commerce, is already on his fourth and most ambitious startup.
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iPhone 15 Series Gets Deep Discounts by Chinese Retailers as Analysts Point to Weak Sales
Chinese e-commerce platforms including PDD Holdings' Pinduoduo and Alibaba's Taobao are offering deep discounts on Apple's latest iPhone 15 series, with some selling models up to CNY 900 ($123) below the retail price.
-
Tencent, Alibaba Added to 'Notorious Markets' List by US
Tencent and Alibaba have joined other Chinese-based online marketplaces in the list of ‘notorious markets’ as identified by the US. The list identifies 42 online markets and 35 physical markets that are reported to engage in or facilitate substantial trademark counterfeiting or copyright piracy.
-
Chinese Province Summons Five E-Commerce Firms Over Livestreaming
A consumer protection organisation in China's Zhejiang Province on Thursday summoned five online platforms including Alibaba Group's Taobao, Pinduoduo and JD.com over livestreaming irregularities.
-
Alibaba's E-Commerce Empire Under Threat From Douyin, Pinduoduo
For more than a decade, Alibaba Group has been China's undisputed e-commerce king but of late its crown has shown signs of slipping, unsettled by an influx of aggressive competitors into the sector.
-
TikTok-Parent ByteDance Founder Zhang Yiming Said to Step Down as Chairman, Leaves Board
ByteDance founder Zhang Yiming has stepped down as chairman of the TikTok owner, after saying in May he would step down as CEO, a person with direct knowledge of the matter said, in the latest shake up at the tech giant.
-
Chinese Billionaire Loses $27 Billion In World's Biggest Wealth Drop
Colin Huang, the founder of Chinese e-commerce platform Pinduoduo Inc, has lost more wealth this year than anyone else in the world.
-
Pinduoduo E-Commerce Firm Had Nearly 12-Hour Working Shifts on Daily Basis, Employee Says
A former employee at China's Pinduoduo told state news agency Xinhua of long working hours at the ecommerce firm after the recent death of an employee there.
-
Jack Ma Dethroned as China's Richest by Tencent's Pony Ma
Tencent Holdings’ $40 billion surge this week and the recent ascent of Pinduoduo have reshuffled the ranking of China’s richest people.
-
Alibaba Singles' Day Sales Hit Record $38 Billion in China
November 11 has long been celebrated in Asia as "singles' day" - because the 11/11 date looks like four singles - and has been commandeered in Japan and South Korea by Pocky and Peppero respectively.
-
Ex-Google Engineer Builds $1.5 Billion Startup In 21 Months
Colin Huang belongs to a rarefied cohort of Chinese entrepreneurs who launched their careers in Silicon Valley and then returned home to start successful tech companies. Huang, an ex-Google engineer who worked on early search algorithms for e-commerce, is already on his fourth and most ambitious startup.
