Pinduoduo

Chinese luxury resale market set to be worth $33 Billion by 2025

November 26, 2021

China’s luxury resale market is projected to reach a valuation of $33 billion by 2025, according to iResearch. The sector is currently valued at around 51 billion yuan ($8 billion)…

Alibaba warns of consumer spend slowdown

Companies Ecommerce News

Alibaba Chinese economic growth JD.com Pinduoduo

November 19, 2021

George Iddenden

No Comments

Alibaba has warned of a consumer spend slowdown after shares in the ecommerce giant fell over 10 per cent after it slashed its sales forecasts sharply. The etailer cited sluggish…

China has threatened to punish or even ban online retailers who sell fake and counterfeit goods amid another major crackdown on the country’s tech giants.

No more knock-offs: China threatens to ban retailers selling fake goods

Ecommerce Industry

Alibaba China counterfeit ecommerce fake Intellectual Property Pinduoduo

September 1, 2021

Ben Stevens

No Comments

China has threatened to punish or even ban online retailers who sell fake and counterfeit goods amid another major crackdown on the country’s tech giants. Alibaba, Pinduoduo and other major…

Alibaba has posted its first loss in nearly a decade after a record antitrust fine from Chinese authorities hammered margins.

Alibaba fires 10 whistleblowers for publicising sexual abuse claims

Big Tech Ecommerce News

Alibaba JD.com Pinduoduo

August 31, 2021

George Iddenden

No Comments

Alibaba has dismissed 10 employees for leaking the claims of a female employee’s who said she’d been sexually assaulted by a former manager, according to Bloomberg. The 10 employees were…

One of Beijing's top courts has condemned the working practises of China's Big Tech leaders Alibaba, JD.com and Pinduoduo.

Beijing condemns Alibaba, JD.com and Pinduoduo’s excessive working culture

Big Tech Ecommerce News

Alibaba ByteDance JD.com Pinduoduo

August 27, 2021

George Iddenden

No Comments

One of Beijing’s top courts has condemned the working practises of China’s Big Tech leaders Alibaba, JD.com and Pinduoduo. The court aims to get rid of the “996” working culture…

Amazon, Alibaba, Wayfair, and Pinduoduo all saw revenues jump more than 30 per cent last year as the ecommerce sector exploded in popularity.

9 out of 10 of the world’s largest ecommerce companies saw double-digit growth last year

Ecommerce Industry

Alibaba Amazon ecommerce GlobalData Pinduoduo Wayfair

July 7, 2021

Ben Stevens

No Comments

Amazon, Alibaba, Wayfair, and Pinduoduo all saw revenues jump more than 30 per cent last year as the ecommerce sector exploded in popularity. According to new figures from GlobalData, nine…

JD.com has trounced analysts’ estimates in its first quarter as China’s economy shows strong signs of growth following the pandemic.

JD.com sees revenues rise 39% amid strong recover in China

Companies Ecommerce

Alibaba China JD.com Pinduoduo

May 20, 2021

Ben Stevens

No Comments

JD.com has trounced analysts’ estimates in its first quarter as China’s economy shows strong signs of growth following the pandemic. The Chinese ecommerce giant saw net revenues jump 39 per…

Pinduoduo’s founder and chairman is set to relinquish control of the company as it surpasses Alibaba to become China’s largest ecommerce marketplace.

Pinduoduo’s founder makes surprise departure as retailer overtakes Alibaba

Companies Ecommerce

Alibaba Colin Huang Pinduoduo

March 19, 2021

Ben Stevens

No Comments

Pinduoduo’s founder and chairman is set to relinquish control of the company as it surpasses Alibaba to become China’s largest ecommerce marketplace. Colin Huang, a former Google engineer, will step…

Pinduoduo faces public outrage after employee’s death

Companies Social Media

996 Alibaba China JD.com Pinduoduo

January 5, 2021

Ben Stevens

No Comments

Pinduoduo is facing a growing public backlash and an official investigation into its working practices after the death of an employee in her 20s. The employee, born in 1998, collapsed…

Pinduoduo plans to raise $5.6bn to supercharge grocery delivery operations

November 19, 2020

Pinduoduo is planning to raise $5.6 billion to dramatically expand its one-day delivery operations, which offer customers items directly from farmers. China’s second largest ecommerce retailer, which now boasts 731…

Pinduoduo

Chinese luxury resale market set to be worth $33 Billion by 2025

Alibaba warns of consumer spend slowdown

No more knock-offs: China threatens to ban retailers selling fake goods

Alibaba fires 10 whistleblowers for publicising sexual abuse claims

Beijing condemns Alibaba, JD.com and Pinduoduo’s excessive working culture

9 out of 10 of the world’s largest ecommerce companies saw double-digit growth last year

JD.com sees revenues rise 39% amid strong recover in China

Pinduoduo’s founder makes surprise departure as retailer overtakes Alibaba

Pinduoduo plans to raise $5.6bn to supercharge grocery delivery operations

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