NewsCold-chain logistics firm Xianshenghuo raises USD 92.5 million in Series AThe online purchase of fresh food is increasing rapidly in China. 2 mins read
Pinduoduo planned to promote its new service Duoduo Pay and grocery group-buying platform Duoduo Maicai. NewsByteDance’s Douyin to replace Pinduoduo as red packet sponsor of CCTV gala2 mins read
Group-buying businesses have shunned top-tier cities so far. NewsPinduoduo pioneers neighborhood group-buying service in Shanghai2 mins read
The company was listed in 2017 at USD 13 per ADS. NewsChinese luxury goods marketplace Secoo taken private by founder2 mins read
The social commerce firm is being criticized for its long working hours. NewsPinduoduo’s troubles deepen after second worker dies2 mins read
Chinese consumers are expected to account for 50% of the global luxury market by 2025. Second-hand luxury platforms have also sprung up in China to gain a slice of the market. InsightsTi’amoo gives luxury bags a second owner: Inside China’s Startups5 mins read
Shein and Zaful’s ultracheap styles drive sales in US, Europe and Middle East. InsightsChina’s fast-fashion newcomers target Zara in global push4 mins read
We are open to that option and we are now preparing for it, said Bukalapak CEO Rachmat Kaimuddin. NewsBukalapak is considering 2021 IPO after significant growth last year2 mins read
FirstCry has emerged as one of the biggest players in baby and mother care segment in the world’s second-most populous country. NewsSoftBank-backed baby care retailer FirstCry looks to give exit to early investors2 mins read
