NewsKEY STAT | JD.com boosts users in China’s smaller citiesJD.com’s 2020 revenues increased 29.3% to USD 114.3 billion. 1 min read
The startup rents out overhead equipment such as forklifts and excavators, and delivers them to the locations where they are needed. NewsMachinery rental platform Zhongneng raises USD 461 million amid infrastructure building boom2 mins read
It was driven by increases in the average order size and number of active consumers. NewsOn-demand retail firm Dada says GMV on JD-Daojia doubled in 20202 mins read
Midea is one of Pinduoduo’s customer-to-manufacturer (C2M) partners. NewsPinduoduo and Midea to customize washing machines, plan to sell 1 million units1 min read
Beauty and fashion companies attracted over 50% of USD 1.4 billion raised by internet-first brands between 2014-2020 in India. NewsInternet-first startups are taking on traditional brands in India3 mins read
The company is signaling a move into the Philippine market. NewsMicrosoft-backed Bukalapak considers US listing via SPAC2 mins read
Pinduoduo is increasingly penetrating China’s agriculture sector with investments in upgrading its supply chain, and the launch of grocery group buying. NewsKEY STAT | Pinduoduo says agricultural GMV hit record high ahead of annual earnings release2 mins read
Here’s a comprehensive walkthrough of China’s e-grocery business operations. Visual StoriesTECH PANO | Tech is changing China’s grocery shopping for good5 mins read
The department was only created in June last year. NewsByteDance plans to relocate its Douyin e-commerce unit to Shanghai1 min read
