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E-commerce is the activity of buying or selling of products on online services or over the Internet. 

E-Commerce

Fashion

The company manages an e-commerce app for trading second-hand luxury items including watches, shoes, and bags.

CHINA BRIEF | Second-hand trading platform Ponhu Luxury raises USD 24.7 million in Series B round | KrASIA

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CHINA BRIEF | Second-hand trading platform Ponhu Luxury raises USD 24.7 million in Series B round

Spotlighting Asia&#039;s next wave of innovations.

KrASIA

https://secure.gravatar.com/avatar/b1f58c52050738746ae9a2be6555a9ab?s=96&d=mm&r=g

Song Jingli

ByteDance or Beijing ByteDance Technology Co Ltd. is a Chinese Internet technology company operating several machine learning-enabled content platforms, headquartered in Beijing. It was founded by Zhang Yiming in 2012. ByteDance's core product, Toutiao, is a popular content platform in China.

Bytedance

With the spread of Internet global accessing (fastest Internet broadband connection TCP with accumulator cables and semi-fast connection), Short Video services have become very popular online. 

Short Video

The accelerator was launched in March with a USD 125 million fund.

CHINA BRIEF | ByteDance's founder donates USD 10 million to COVID-19 therapeutics accelerator project backed by Bill Gates | KrASIA

CHINA BRIEF | ByteDance&#8217;s founder donates USD 10 million to COVID-19 therapeutics accelerator project backed by Bill Gates

Apple has removed the Danke Apartment app from the China App Store after an IP-related complaint from a US-based software company.

CHINA BRIEF| Danke Apartment gets app removed from Apple's App Store after IP complaint | KrASIA

CHINA BRIEF| Danke Apartment gets app removed from Apple&#8217;s App Store after IP complaint

ELEME Inc. is a platform that offers online food delivery service. It was founded in 2008 by Mark Zhang and Jack Kang in Minhang Campus of Shanghai Jiao Tong University. Ele.me was acquired by the Alibaba Group in April 2018 and continues to operate independently.

ele.me

Meituan-Dianping is a Chinese group buying website for locally found food delivery services, consumer products and retail services. The company is headquartered in Beijing and was founded in 2010 by Wang Xing. The Meituan.com site offers deals of the day by selling vouchers on local services and entertainment.

Meituan

WeChat is a Chinese multi-purpose messaging, social media and mobile payment app developed by Tencent. It was first released in 2011, and by 2018 it was one of the world's largest standalone mobile apps by monthly active users, with over 1 billion monthly active users.

Wechat

Food Delivery

Logistics is generally the detailed organization and implementation of a complex operation. In a general business sense, logistics is the management of the flow of things between the point of origin and the point of consumption in order to meet requirements of customers or corporations. 

Logistics

An on-demand service platform connects waiting-time-sensitive customers with independent service providers.

On-Demand Services

SF Holdings unveiled the Fengshi WeChat mini program, targeting corporate clients and individual consumers for food deliveries.

China's largest private courier SF Holdings enters food delivery sector, challenging Meituan and Ele.me | KrASIA

China&#8217;s largest private courier SF Holdings enters food delivery sector, challenging Meituan and Ele.me

In computer science, artificial intelligence (AI), sometimes called machine intelligence, is intelligence demonstrated by machines, in contrast to the natural intelligence displayed by humans and animals.

Dior Skin ID analyses Meitu Xiuxiu users' face to recommend them the right Dior skincare products.

CHINA BRIEF | Dior unveils AI skin-testing tool on Meitu app to boost sales | KrASIA

CHINA BRIEF | Dior unveils AI skin-testing tool on Meitu app to boost sales

Alibaba Group Holding Limited is a Chinese multinational conglomerate specializing in e-commerce, retail, Internet and technology. 

Alibaba

JD.com, Inc., also known as Jingdong and formerly called 360buy, is a Chinese e-commerce company headquartered in Beijing.

The app is still not available to the public, but might be at the end of May.

JD.com teases work collaboration market as it unveils video conferencing app JoyMeeting | KrASIA

JD.com teases work collaboration market as it unveils video conferencing app JoyMeeting

Xiaomi Corporation is a Chinese electronics company headquartered in Beijing. Xiaomi makes and invests in smartphones, mobile apps, laptops, and related consumer electronics.

Xiaomi

Kingsoft Cloud’s IPO comes after Luckin Coffee and TAL Education Group shocked the United States capital market by admitting inflated sales.

Kingsoft Cloud makes solid Nasdaq debut after wave of scandals involving US-listed Chinese companies | KrASIA

Kingsoft Cloud makes solid Nasdaq debut after wave of scandals involving US-listed Chinese companies

Ant Financial Services Group, formerly known as Alipay, is an affiliate company of the Chinese Alibaba Group. Ant Financial is the highest valued fintech company in the world, and the world's most valuable unicorn company, with a valuation of US$150 billion. 

Ant Group

Fintech is the new applications, processes, products, or business models in the financial services industry, composed of one or more complementary financial services and provided as an end-to-end process via the internet.

Fintech

A total of 150 million users had enrolled in various online mutual aid programs in China by the end of 2019.

CHINA BRIEF| Ant Financial predicts Chinese online mutual aid market to triple by 2025 | KrASIA

CHINA BRIEF| Ant Financial predicts Chinese online mutual aid market to triple by 2025

Huawei Technologies Co. Ltd. is a Chinese multinational telecommunications equipment and consumer electronics manufacturer, headquartered in Shenzhen, Guangdong, China. The company was founded in 1987 by Ren Zhengfei, a former People's Liberation Army engineer.

Huawei

5G is a commonly used term for certain advanced wireless systems. Industry association 3GPP defines any system using "5G NR" software as "5G", a definition that came into general use by late 2018. 

SMIC plans to issue up to 1.69 billion RMB-denominated shares to public institutional and individual investors, after delisting from NYSE.

Song Jingli

CHINA BRIEF | Second-hand trading platform Ponhu Luxury raises USD 24.7 million in Series B round

CHINA BRIEF | ByteDance’s founder donates USD 10 million to COVID-19 therapeutics accelerator project backed by Bill Gates

CHINA BRIEF| Danke Apartment gets app removed from Apple’s App Store after IP complaint

China’s largest private courier SF Holdings enters food delivery sector, challenging Meituan and Ele.me

CHINA BRIEF | Dior unveils AI skin-testing tool on Meitu app to boost sales

JD.com teases work collaboration market as it unveils video conferencing app JoyMeeting

Kingsoft Cloud makes solid Nasdaq debut after wave of scandals involving US-listed Chinese companies

CHINA BRIEF| Ant Financial predicts Chinese online mutual aid market to triple by 2025

After delisting from NYSE, China’s largest chip foundry SMIC to list on Shanghai’s Star Market