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last updated:
9 September, 2024
Amazon
Amazon asks Chinese sellers not to offer cheaper prices on Temu
As competition heats up, the US retailer has started tracking product pricing on rival platform Temu, according to merchants.
24 Dec 2024 - 6:00PM
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China technology
China’s tax authority to demand online influencer, merchant revenue numbers
23 Dec 2024 - 4:15PM
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China trade
‘Resilient’ trade gains see Shenzhen poised to overtake Shanghai despite US tech siege
20 Dec 2024 - 8:00PM
Tencent
China’s super app WeChat flexes e-commerce muscles with gift feature
The new function could be Tencent’s next big hit after electronic red packets, says one merchant.
20 Dec 2024 - 7:00PM
Meituan
China’s food delivery platforms force riders to take breaks after long hours
Meituan and Ele.me are using ‘fatigue management’ systems in several cities, halting orders after 12-hour days, as work climbs in slowing economy.
18 Dec 2024 - 5:30PM
Walmart
Walmart partners with Chinese delivery giant Meituan for speedy service
The world’s largest retailer is partnering up with another Chinese tech firm four months after dumping its stake in JD.com.
17 Dec 2024 - 9:00PM
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Artificial intelligence
Chinese start-up Zhipu AI adds US$412 million to war chest in crowded market
Zhipu said it doubled its revenue year on year in the 11 months to November, without providing an exact figure.
17 Dec 2024 - 7:00PM
Alibaba
Alibaba to lose US$1.3 billion on Intime sale in retreat from offline retail
The deal for the department store chain is valued at 7.4 billion yuan, less than half of what Alibaba sank into it.
17 Dec 2024 - 5:30PM
Technology
Opinion
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From TikTok to Apple, companies must tread carefully amid digital nationalism
Restrictive policies could hinder innovation, limit consumer choice and fragment the global digital economy.
17 Dec 2024 - 6:38PM
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Alibaba
Exclusive
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Alibaba to sell department store Intime to focus on core e-commerce, sources say
The reported Intime sale is part of Alibaba’s broader efforts to restructure its business and refocus on its e-commerce and cloud businesses.
16 Dec 2024 - 6:30PM
Hong Kong property
More Hong Kong shops to close, as retail shifts online
Local beauty brand JaneClare is an example of a firm that is making money online, but still values real-world spaces.
16 Dec 2024 - 9:43AM
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TikTok
TikTok Shop is outperforming Shein and Sephora among US shoppers online
A new consumer trends report found that 45 per cent of surveyed Americans have bought something on TikTok.
16 Dec 2024 - 10:20AM
IPO
Shein’s UK IPO slowed by challenge from Uygur NGO alleging Xinjiang cotton use
Britain’s Independent Anti-Slavery Commissioner has also raised concerns over allegations about the fast-fashion firm’s labour practices.
13 Dec 2024 - 10:31AM
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China technology
Beijing puts e-commerce sector’s ‘refund-only’ policy and PDD under scrutiny
The State Administration for Market Regulation and the Ministry of Commerce have directed Pinduoduo owner PDD to fix this practice.
12 Dec 2024 - 11:10PM
Artificial intelligence
China’s generative AI market sees fewer new entrants with 64 new approvals
The November AI model approvals is the smallest of the three batches released this year, as the market grows more saturated.
12 Dec 2024 - 6:00PM
TikTok
TikTok Shop opens in Spain, Ireland in e-commerce expansion as US ban looms
The Spain launch is TikTok Shop’s first foray into continental Europe, coming three years after opening in the UK, its first European market.
11 Dec 2024 - 5:03PM
TikTok
TikTok pays users to shop, invite friends as US ban looms
TikTok has been working to boost users’ time spent and develop shopping habits ahead of its possible ban from US app stores on January 19.
11 Dec 2024 - 11:30AM
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Alibaba
Ant International reports growth after March spin-off on Alipay+ strength
Four pillars comprising Alipay+, Antom, WorldFirst and Embedded Finance have delivered strong performance: company statement.
8 Dec 2024 - 5:48PM
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Ant Group
Ant Group promotes CFO Han to top post as Alipay owner marks 20-year milestone
CEO Eric Jing will relinquish his management post on March 1 next year and retain his role as group chairman, according to an internal memo on Sunday.
8 Dec 2024 - 1:58PM
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Pinduoduo
No Black Friday windfall for Chinese online shops selling overseas
Cut-to-the-bone pricing is eating into the profit margins of Chinese merchants selling online to global shoppers.
8 Dec 2024 - 8:56PM
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Malaysia
‘I trust it more’: Chinese app Xiaohongshu offers unexpected window on Malaysia
With over 2.5 million users in Malaysia, Xiaohongshu not only attracts tourists but helps Malaysian Chinese connect with their heritage.
8 Dec 2024 - 8:22AM
Christmas
Can AI chatbots really make your Christmas shopping easier?
Generative AI technologies that can give people assistance and advice when shopping online are fast becoming a feature of the e-commerce experience.
8 Dec 2024 - 6:15AM
China trade
China cutting e-commerce red tape to ease export of small packages, support jobs
New policies aim to shore up China’s competitiveness in global manufacturing and e-commerce while alleviating worrisome youth-unemployment pressure.
6 Dec 2024 - 1:30PM
Pinduoduo
Temu, Shein halt Vietnam operations pending business registration
Two of the world’s most popular budget-shopping platforms have suspended business in the Southeast Asian nation.
6 Dec 2024 - 2:55PM
Malaysia
Malaysian celebrity couple deny embezzlement over failed e-commerce venture
The case involving Vivy Yusof and Fadzarudin has stirred outrage over beneficiaries of state funding in a country still reeling from the 1MDB scandal.
5 Dec 2024 - 11:57AM
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TikTok
TikTok triples US sales on Black Friday despite looming ban
E-commerce sales on the app surged above US$100 million during the post-Thanksgiving shopping extravaganza.
5 Dec 2024 - 10:05AM
Alibaba
Alibaba to sponsor China’s Lunar New Year gala to reach thrifty consumers
The e-commerce giant is sponsoring the most-watched broadcast in the world, as it seeks to revive growth amid tough competition and a slowing economy.
4 Dec 2024 - 6:30PM
Meituan
Exclusive
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China’s Meituan to expand Keeta food delivery service to more Middle East cities
Wang Xing, founder and CEO of Meituan, said last week that the company has seen some ‘encouraging results’ in Saudi Arabia.
2 Dec 2024 - 1:32PM
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