For many, finding a good deal is the main reason to join a community group-buying platform. Socializing with neighbors is a reason to stay.
ByteDance joins the annual Spring Festival marketing blowout. Alipay prepares for the 2021 red envelope war. Edtech attracts more investment.
The new antitrust rules for China’s digital payment market could trigger a regulatory review of Ant Group and Tencent based on market share.
The Alibaba and Ant Group founder, Jack Ma, made his first public appearance in months at a video conference with rural teachers.
Pinduoduo is under fire again for deleting pictures from a user’s photo album without consent. Luckin opens up to franchises in lower-tier cities.
The Covid-19 pandemic accelerated consumer adoption of e-commerce on WeChat and powered growth, as confined shoppers spent more time browsing on the app.
James and Elliott review the winners and losers of 2020, what they got right and what they got wrong, as well as the lessons they learned.
996 is still a problem in China’s tech industry. It’s brutal to employees, and it’s questionable whether overtime work pays off even for companies.
Where is Jack Ma, the founder of Alibaba? China’s best-known entrepreneur, e-commerce billionaire Jack Ma, has not been seen in public since he angered regulators … Read more
Central Bank of China says the governance of the Ant Group is unreliable and that “illegal activities” need to be rectified. The Chinese government, which … Read more
The Jack Ma Foundation and Alibaba Foundation are today sharing some key lessons and experience from doctors and other medical administrators and staff at the … Read more
Until recently, China’s tech giants seemed to pose a real threat to Silicon Valley. According to an interesting analysis by Bloomberg, 2018 was a nightmare … Read more
The story of the social credit system began in 2014 when it was proposed by the Chinese government. by Eugene Michaels One year late, eight … Read more
China’s central bank on Thursday gave the green light to a credit-scoring platform for individual online lending activity. The company, under the name Baihang Credit … Read more