Pinduoduo

Tech

E-commerce tycoon Colin Huang tops China’s rich list

E-commerce tycoon Colin Huang has become China’s richest man, an index showed Friday, capping an ascent for the former Google…

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Tech

Discount shopping giant Temu’s supply chain faces scrutiny as mainland sellers protest

Temu’s efforts to please consumers were borrowed from its Chinese sister platform Pinduoduo, known for cut-to-the-bone deals and easy-to-refund options.…

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New Business Jobs

Alibaba’s Taobao and ByteDance’s Douyin seek e-commerce price war detente with new policies

Two of China’s leading e-commerce platform operators, Alibaba Group Holding and TikTok owner ByteDance, have started to adjust their focus…

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Tech

Alibaba’s Tmall waives annual service fee, while Taobao relaxes ‘refund only’ policy

Tmall, home to mainly established brands and sellers, from September 1 will waive its annual software service fee that used…

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Tech

ByteDance-owned Douyin said to miss first-half e-commerce sales goal amid weak consumption

ByteDance-owned Douyin, the Chinese version of global hit short video platform TikTok, missed its target gross merchandise value (GMV) in…

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Tech

Alibaba bets on Taobao, Tmall clothing merchants to compete overseas against Shein, Temu

Eligible merchants on Taobao and Tmall can enroll in Alibaba’s new pan-clothing global free shipping plan, so they can sell…

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Tech

PDD-owned Temu’s first-half sales surge to US$20 billion, exceeding 2023 total: report

International online budget-shopping platform Temu, owned by Chinese e-commerce giant PDD Holdings, saw its gross merchandise value (GMV) surge to…

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Tech

Shein, Temu face uncertain times in South Africa, EU, other markets amid high-tariff push

Some consumers in South Africa are looking to abandon popular low-cost online retailers Shein and Temu, according to recent social…

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