NewsYour next Taobao shopping cart item: a USD 5.6 million rocket launch serviceLivestreamer uses Taobao to sell rocket launch service for USD 5.6 million. 2 mins read
The e-commerce startup wants to upgrade its “Ten Billion Yuan subsidy program” to drive more sales in 2020. Visual StoriesKEY STAT | Pinduoduo gets financial support for new rounds of money-burning campaign in 20202 mins read
The big-talking entrepreneur sold USD 15.5 million goods and gained 200 million new followers on Douyin following his first e-commerce livestream. InsightsSmartisan founder turned e-commerce livestreamer: Luo Yonghao debuts on Douyin4 mins read
New positions will cover technology development, product operations, quality control, warehousing, and transportation. NewsCHINA BRIEF| Alibaba-backed logistics provider Best to create 40,000 jobs, including 5,000 in Southeast Asia1 min read
Taobao’s livestream section welcomes new hosts in February, over 719% more compared to a month ago. Visual StoriesKEY STAT | Coronavirus pandemic boosts livestreaming e-commerce in China2 mins read
Chinese tech companies aim to share their experience and solutions while attracting overseas users. InsightsChinese medtech platforms tap overseas market with bilingual services during coronavirus outbreak3 mins read
Pinduoduo is currently mired in heavy financial losses. NewsCHINA BRIEF | Pinduoduo plans USD 1.1 billion private placement for long-term investors (updated)1 min read
This move comes after the firm’s net income in the fourth quarter of last year decreased by 42.9% year-on-year. NewsWeibo opens e-commerce management tool to over 500 million users2 mins read
Automation technologies seen as key to reducing dependence on US tech. InsightsChina covets Japan’s IoT expertise, a missing piece in tech quest3 mins read
NewsDeals in brief: Salmon raises USD 88 million, InstaPay closes Series A2 round, ten China deals, and more