You Searched For "chinese ecommerce companies" and got 20 results
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1 min read
Temu's parent company's stock tanked on a major warning sign from the cheap e-commerce brand
The company reported about $4.4 billion in profits in the quarter, a 144% increase compared to last…
Shubhangi Goel
3 mins read
TikTok and its owner ramped up their hiring of Chinese employees, even as Congress raised national security concerns
TikTok and its owner ByteDance sought to hire 669 Chinese employees in the US through the H-1B prog…
Dan Whateley
3 mins read
TikTok is training its e-commerce partners on what's worked in China as it doubles down on live selling
TikTok hosted its first US summit for e-commerce agency partners, where it focused on livestream se…
Dan Whateley
5 mins read
Young Chinese are looking for dupes and cheaper substitutes for everything from Hermès to travel
The trend comes as China faces a prolonged economic slump following its exit from pandemic lockdown…
Huileng Tan,Matthew Loh
3 mins read
The Chinese economy is so bad, even Chinese people can't be enticed into buying dirt-cheap mega-sale items
The 618 sale, which normally draws in billions, reported its first sales dip in eight years, showin…
Aditi Bharade
1 min read
JD.com plummets after Walmart sells its $3.6 billion stake in the Chinese retailer
Walmart acquired a 5% stake in JD.com in 2016 when it was seeking to level up its retail business i…
Matthew Fox
3 mins read
Dozens of angry Chinese suppliers swarmed Temu's office, saying they're tired of giving Westerners refunds without returns
Small merchants in China have been holding rallies this month to protest Temu's fines and refund po…
Matthew Loh
2 mins read
Chinese retail giants tried to juice spending with iPhone and Lululemon discounts in an annual shopping bonanza
618 is seen as a key indicator of China's general retail temperature — and early results were…
Shubhangi Goel
2 mins read
Amazon is trying to defend its kingdom against cheap Chinese rivals, and it thinks it has a plan
Amazon's market capitalization passed $2 trillion on Wednesday, joining the ranks of other tech col…
Kwan Wei Kevin Tan
1 min read
Jack Ma praised a key rival. A day later, it overtook Alibaba as China's most valuable e-commerce company.
PDD's market cap is nearly $185 billion, while Alibaba's market cap is nearly $184 billion.
Huileng Tan
7 mins read
Rich Chinese millennials are creating new status symbols. Here are 11 ways they are redefining luxury.
Solo travel, pre-loved luxury fashion, and fine dining are all gaining popularity with this affluen…
Alexandra Bacon
5 mins read
I placed my first order on Temu, the Chinese e-commerce app. It worked, but the dozens of marketing emails annoyed me.
Temu is a marketplace for merchants, who are mostly based in China, to sell heavily discounted ever…
Danni Santana
2 mins read
Colin Huang, the founder of the company that owns Chinese shopping app Temu, got $4.3 billion richer after earnings smashed analysts' expectations
Huang is worth $32.8 billion as of August 30, according to the Bloomberg Billionaires Index, making…
Huileng Tan
2 mins read
Co-founder of Alibaba, Jack Ma arrives in Kathmandu
According to the Director General of Nepal's Department of Immigration, Jack Ma has been granted 15…
ANI
1 min read
Alibaba rises as much as 11% after the Chinese e-commerce giant lifts its share buyback program to $25 billion
This is the Chinese e-commerce company's largest ever share buyback plan and will be valid for two …
Hamza Fareed Malik
1 min read
Alibaba tanks 10% and drives Chinese stocks lower after SEC says e-commerce giant faces potential delisting
There are now more than 200 Chinese companies that have been identified by the SEC for violating th…
Matthew Fox
2 mins read
If you ordered a ‘gift’ from Club Factory, Shein or Ali Express — it might not make it through customs in India
The Indian government is cracking down on Chinese e-commerce companies like Ali Express, Club Facto…
5 mins read
Pharmaceutical companies behind weight-loss drugs are slimming down a new target: The Magnificent 7
In today's big story, we're looking at pharma companies' surging stocks and threatening tech darlin…
Dan DeFrancesco
2 mins read
Delisting risk eases for Alibaba and other US-listed Chinese companies after American officials get audit access
The US Public Company Accounting Oversight Board examined auditing paperwork in Hong Kong but the s…
Carla Mozée
Chinese e-commerce giant Shein has become a $15 billion company. Here's how it gets consumers to keep spending.
Since being founded in 2008, the Shein has grown to be a $15 billion company generating an estimate…