Douyin, the Chinese version of TikTok, is competing against Meituan in food delivery and other segments of on-demand e-commerce in the country. Source link
Read More »JD.com founder Richard Liu criticises e-commerce executives for poor performance
Analysts say reports of Liu’s intervention shows he is still in firm control of e-commerce giant despite stepping back from frontline roles. Source link
Read More »Alibaba, JD.com keep mum on this year’s Singles’ Day transaction volume
Alibaba said its Singles’ Day gross merchandise volume was in line with last year, while rival JD.com said its promotion this year achieved ‘record-breaking’ results. Source link
Read More »TikTok’s Chinese version Douyin adds shopping to news app in e-commerce push
Douyin’s 600 million daily active users will be able to link their accounts to Jinri Toutiao and shop within the popular news aggregation app. Source link
Read More »JD.com unit pushes ahead with robotic last-mile autonomous deliveries
Dada Nexus is teaming up with a robot start-up to pilot unmanned grocery deliveries in China’s eastern Jiangsu province, as the logistics affiliate of Chinese e-commerce giant JD.com pushes ahead with the technology despite Amazon pulling the plug on similar efforts in the US. Shanghai-based Dada and Infermove, a Beijing-based …
Read More »Google Translate app no longer accessible in mainland China
The popular app has been inaccessible to its tens of millions of users across mainland China since Saturday. Source link
Read More »JD.com founder Richard Liu reaches settlement in US lawsuit over alleged rape
The Chinese tech billionaire settled with former University of Minnesota student Liu Jingyao a day before a jury trial in the United States. Source link
Read More »China Big Tech taps rural e-commerce amid Xi’s call for ‘common prosperity’
Chinese internet giants are giving the country’s rural economy a lift by offering billions of yuan in discounts during the fifth annual farmers’ festival, an effort linked to President Xi Jinping’s call for ‘common prosperity’ Source link
Read More »Alibaba put on watch list of Chinese firms that face delisting in the US
The e-commerce giant joins more than 150 Chinese companies that are now on the US Securities and Exchange Commission’s provisional line-up of firms up for delisting. Source link
Read More »China’s car, internet and property sectors poised for second-half rebound
The positive outlook reflects the current pace of recovery in those industries, as China braces for its lowest quarterly growth rate in more than two years this week. Source link
Read More »