Top 2024 resources on chinas
Best chinas resource in 2024.
Learn more about chinas to improve your e-commerce strategy.
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Alibaba Group VC unperturbed by China’s slowdown
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Alibaba Group VC Joseph Tsai says the firm is unperturbed by China’s economic slowdown.
Topics: vc, group, economy, economic, chinas, tsai, cent, unperturbed, growth, slowdown, alibaba, compared. -
Alibaba buys Ele.me for US$9.5 billion
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Alibaba has bought the Chinese food delivery business Ele.me for US$9.5 billion.
Topics: eleme, billion, retail, chinas, alibabas, ceo, us95, delivery, alibaba, food, buys, founder, zhang. -
Alibaba challenger Pinduoduo is bringing imported goods to rural homes
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Pinduoduo, the latest challenger to China’s ecommerce dominators Alibaba and JD.com, wants to bring affordable, imported items to shoppers in China’s smaller cities and rural areas. The three-year-old Tencent-backed ecommerce upstart is recruiting importers to set up shop on its marketplace, shows a message on its website. The business is known for offering cheap, sometimes […]
Topics: alibaba, jdcom, bringing, challenger, crossborder, rural, ecommerce, homes, pinduoduo, overseas, chinas, goods, imported, business. -
Alibaba promises US$200 billion global sourcing plan
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Alibaba has committed to help import US$200 billion worth of goods from more than 120 countries over the next five years.
Topics: us200, plan, consumers, sourcing, alibaba, international, chinas, billion, promises, global, import, alibabas, tmall, trade, china. -
Carrefour sale shifts the balance of power in China’s new retail battle
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Hot on the heels of Amazon’s decision to shutter its local marketplace, Carrefour — another global commerce giant — is switching up its approach to China, and shifting the balance of power between the country’s tech giants. Carrefour, which is Europe’s largest retailer, sold a majority 80% stake in its China-based business to Chinese retailer […]
Topics: tech, techcrunch, balance, billion, alibaba, deal, carrefour, shifts, stake, power, suning, jdcom, chinas, battle, retail, sale, tencent. -
China proposes antitrust law ahead of Singles’ Day shopping spree
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Debates over anti-competitive practices amongst China’s internet firms resurface every year in the lead up to Singles’ Day, a time when online retailers exhaust their resources and deploy sometimes sneaky tactics to attract vendors and shoppers. This year, just a day before the world’s largest shopping festival was scheduled to fall on November 11, China’s […]
Topics: ahead, china, antitrust, tencent, proposes, platform, techcrunch, internet, draft, day, spree, singles, jdcom, chinas, alibaba, industry, shopping, worlds, law. -
China’s Alipay adds sought-after beauty filters to face-scan payments
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In China, striving for accuracy in a piece of facial recognition software isn’t enough. As Alibaba’s e-wallet affiliate Alipay has recently demonstrated, the way software presents a user’s look is also crucial to its success. On Tuesday, Alipay announced on social media platform Weibo (in Chinese) that it’s added beauty filters to its pay-with-face system […]
Topics: look, filters, chinas, recently, soughtafter, facescan, adds, meitu, techcrunch, wechat, software, payments, recognition, beauty, alipay, users. -
China’s Luckin Coffee worth $1 billion after just nine months
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Nine-month-old Luckin Coffee has raised US$200 million to fund expansion, valuing it at $1 billion.
Topics: luckin, raised, coffee, customers, china, months, worth, business, chinas, model, starbucks, billion, stores. -
China’s Pinduoduo raises $1.1 billion in private share placement
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Chinese e-commerce firm Pinduoduo said on Tuesday it had raised $1.1 billion in a private share placement that will enable its further expansion and allow it to capture “additional opportunities” during the times of uncertainty. The Nasdaq-listed firm said some of its long-term investors financed the deal. The investors were granted newly issued Class A […]
Topics: chinas, losses, firm, recent, private, share, billion, firms, pinduoduo, revenue, investors, growth, techcrunch, million, opportunities, raises, placement. -
China’s coffee upstart Luckin pushes into India and Middle East
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Luckin continues to expand at jaw-dropping speed as it announced plans to open shop overseas for the first time. On Monday, the Starbucks challenger from China said it has signed a memorandum of understanding to set up a joint venture with Americana Group, a major international food group. The deal will see Luckin launch a […]
Topics: coffee, techcrunch, chinas, middle, growth, business, pushes, luckin, upstart, retail, india, americana, chinese, east. -
China’s cosmetics startup Yatsen to buy 35-year-old skincare brand Eve Lom
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In China’s cosmetics world, where foreign brands were historically revered, indigenous startups are increasingly winning over Gen Z consumers with cheaper, more localized options. One of the rising stars is the direct-to-consumer brand Perfect Diary, which is owned by five-year-old startup Yatsen. Yatsen impressed the capital market with a $617 million initial public offering on […]
Topics: diary, skincare, brand, buy, million, yatsen, brands, sales, lom, startup, chinas, cosmetics, yuan, techcrunch, company, eve. -
China’s e-commerce giant JD.com starts paying some staff in digital yuan
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China’s plan to introduce its digital currency is getting a lot of help from its tech conglomerates. JD.com, a major Chinese online retailer that competes with Alibaba, said Monday that it has started paying some staff in digital yuan (since January), the virtual version of the country’s physical currency. China has been busy experimenting with […]
Topics: money, major, help, online, tech, electronic, jdcom, chinas, banks, digital, techcrunch, yuan, starts, paying, staff, giant, ecommerce. -
China’s e-commerce titan Alibaba hit with antitrust probe
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China’s top market watchdog has begun a probe into Alibaba over alleged anti-competition practices at the e-commerce firm, the latest of Beijing’s efforts to curb the country’s ever-expanding internet titans. The State Administration for Market Regulation said Thursday in a brief statement that it is investigating Alibaba over its “choosing one from two” policy, in […]
Topics: regulators, chinas, regulatory, hit, titan, alibaba, internet, work, market, antitrust, ant, state, techcrunch, group, probe, ecommerce. -
China’s growing digital influence in Africa
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There’s been a heap of China in Africa coverage over the last decade, but very little of it is focused on tech. In part, because the country’s engagement with African startups is light compared to its deal-making on infrastructure and commodities. Now, that all looks to be shifting. TechCrunch has tracked moves by a number […]
Topics: china, strategic, shiftingtechcrunch, africa, chinas, theres, influence, digital, startups, signal, tracked, sector, techcrunch, growing, tech. -
China’s mid-year shopping festival sets new records
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Chinese e-commerce giants Alibaba and JD have set new sales records during this year’s mid-year shopping festival digital sale thus far.
Topics: sales, spending, festival, shopping, chinas, sale, consumer, sets, billion, midyear, jd, records, packages. -
China’s retail landlords forced to face e-commerce disruption
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China’s retail landlords are being forced to change their strategies to meet the challenge of e-commerce.
Topics: transactions, vocabulary, hawkey, ecommerce, timehe, disruption, landlords, face, chinas, retail, online, china, forced, chinese, world. -
China’s slowing economy suppresses Singles Day
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China’s slowing economy was the primary reason for the slowing growth of sales on Alibaba’s Singles Day on Sunday.
Topics: economy, chinese, continue, chinas, slowing, suppresses, growth, event, consumers, day, events, billion, singles. -
China’s tech firms rush to deliver solutions for grocery shopping
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Nearly all of China’s largest internet firms have established a presence in online grocery. Just this week, news arrived that Alibaba co-led the $196 million C3 funding round of Nice Tuan, the two-year-old grocery group-buying firm’s fourth round year to date. People in China shop online for almost everything, including groceries. At first, grocery e-commerce […]
Topics: chinas, techcrunch, solutions, shopping, deliver, groupbuying, ecommerce, online, normally, delivery, shoppers, rush, orders, grocery, model, tech, group, firms. -
China’s top short video apps and e-commerce giants pally up
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JD.com, the online retailer that is Alibaba’s long-time nemesis, announced Wednesday a strategic partnership with Kuaishou, the main rival of TikTok’s sibling in China, Douyin. The collaboration is part of a rising trend in the Chinese internet where short video apps and e-commerce platforms increasingly turn to each other for monetization synergies. The thinking goes […]
Topics: chinas, consumers, short, pally, ecommerce, products, social, kuaishou, live, alibaba, video, platforms, giants, apps, techcrunch. -
Covid-19 wipes US$420 billion from China’s retail market
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The Covid-19 pandemic has erased US$420 billion from China’s retail market this year - but analysts predict a rebound in the second half.
Topics: supply, cent, market, chinas, us420, stores, sales, retail, consumer, second, restaurants, supplychain, covid19, billion, wipes. -
Data-driven iteration helped China’s Genki Forest become a $6B beverage giant in 5 years
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The bottled beverage industry wasn’t what Genki Forest’s founder, Binsen Tang, initially set out to tackle. The company aims to reach $1.2 billion this year.
Topics: datadriven, genki, tang, tech, beverage, iteration, forest, giant, ecommerce, helped, techcrunch, market, d2c, products, chinese, chinas, china, 6b, manufacturing, brands. -
Despite PR storm, Pinduoduo stock and downloads stay robust
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Pinduoduo, a rapidly growing Chinese e-commerce company, is weathering its PR storm after the death of an employee sparked criticism against the firm’s grueling working hours. The employee, 21 years old, collapsed on her way home from work on a late night before New Year. The cause of her death has not been disclosed but […]
Topics: pinduoduo, stay, techcrunch, despite, storm, work, downloads, chinas, stock, hours, employee, employees, week, pr, working, users, robust. -
Ecommerce Insights from China’s Pinduoduo
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At the end of 2020, the five-year-old Chinese shopping app Pinduoduo had 788.4 million users and more than $9 billion in annual revenue. Pinduoduo's incredible growth may provide some insights into the future of ecommerce.
Topics: insights, ecommerce, pinduoduos, team, users, pinduoduo, chinas, products, platform, social, shopping, shoppers, product. -
Ele.me ready to dominate China’s food-delivery market
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Ele.me aims to grab a majority share of China’s food-delivery market in the near future, CEO Wang Lai said this week.
Topics: chinese, alibaba, fooddelivery, alibabas, delivery, food, ready, retail, eleme, wang, dominate, chinas, market, elemes. -
How to translate your offline experience online in China’s omnichannel market
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Retailers wishing to succeed in the China’s omnichannel market must enable consistent customer experience across all channels to enhance customer engagement.
Topics: market, omnichannel, retail, online, chinas, stores, customer, translate, offline, channels, experience, store, customers. -
How to win at China’s New Retail
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New Retail uses technology to merge online, offline, logistics, big data, cloud computing, entertainment and social media into a seamless shopping experience.
Topics: chinese, consumers, data, media, products, win, social, brands, china, market, retail, chinas. -
JD takes top spot in China’s online appliances market
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E-commerce giant JD has taken the lead in China’s online appliances market, according to the China Electronic and Information Industry Development Research Institute.
Topics: market, jd, spot, takes, return, sales, chinas, household, billion, industry, lead, online, appliances. -
Missfresh racks up $495 million in funding as China’s e-grocery booms
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The COVID-19 lockdown around the world introduced online grocery to many shoppers for the first time, boosting an industry that had long drawn skepticism. In China particularly, the older generations often worry about buying perishable food items without scrutinizing them in person. Still, venture investors are bullish on the future of online grocery. One beneficiary […]
Topics: online, china, racks, investors, venture, funding, egrocery, million, grocery, delivery, lockdown, techcrunch, missfresh, chinas, capital, booms, research. -
Mobile, social-media key, says 10 Highlights of China’s Commercial Sector report
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Mobile- and social media-centric online-to-offline strategies that provide seamless shopping experiences are a “must” in China’s new consumer era, according to the latest 10 Highlights of China’s Commercial Sector report.
Topics: highlights, mobile, business, commercial, report, sector, consumption, consumer, trade, chinas, key, socialmedia, growth. -
Pinduoduo cements position as China’s second-largest ecommerce player
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Alibaba and JD.com have been in a war over the Chinese e-commerce space for a decade or so, but a third player called Pinduoduo has managed to shake up the duopoly in recent times. The startup, which was founded in 2015 by an ex-Googler and went public on the Nasdaq last July, has further flexed […]
Topics: chinas, gmv, player, techcrunch, selling, alibaba, jd, sales, pinduoduos, ecommerce, secondlargest, million, billion, cements, pinduoduo, position. -
Pinduoduo’s latest aim: Sell $145 billion of farm produce in 2025
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Still working to turn a profit and shake off its fake-goods reputation, China’s e-commerce upstart Pinduoduo set itself another ambitious goal for 2025: surpass 1 trillion yuan or $145 billion annual gross merchandise volume of agricultural products. The announcement arrived with the company’s Q2 results last Friday. For some context, online sales of agricultural goods […]
Topics: aim, latest, annual, sell, pinduoduo, yuan, techcrunch, chinas, pinduoduos, small, produce, million, agricultural, scale, farm, billion, consumer. -
Rural Taobao to expand to 1000 counties
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Rural Taobao plans to expand its coverage to 1000 counties and 150,000 villages across China during the next three years
Topics: alibaba, taobao, chinas, counties, villages, wang, products, expand, rural, rmb, service, villagers. -
Shopify and China’s JD.com team up to capture cross-border sellers
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Two of the world’s largest e-commerce players are joining joined hands. Major Chinese online retailer JD.com has formed a strategic partnership with Ottawa-based Shopify to help global brands tap China’s enormous appetite for imported goods, as well as help Chinese merchants sell overseas. The news is turning heads in China’s cross-border e-commerce community. The first […]
Topics: jd, chinese, ecommerce, shopify, chinas, china, jdcom, capture, team, brands, goods, amazon, sourcing, crossborder, sellers, techcrunch. -
Singles’ Day: China’s $25 billion shopping festival explained
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This Sunday is November 11, an auspicious date within the Chinese tech community because it marks Singles’ Day, the world’s largest online shopping day. This year is particularly poignant because it will be the tenth edition of the annual event — also known as Double Eleven — since it was created by Alibaba, the Chinese e-commerce […]
Topics: offline, shopping, alibabas, ecommerce, sales, billion, alibaba, singles, china, day, retail, explained, festival, chinas. -
Slowdown or not, China’s luxury goods still seeing high-end growth
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Despite well-documented concerns over an economic slowdown in China, the country’s luxury goods market is still seeing opulent growth according to a new study. Behind secular and demographic tailwinds, the luxury sector is set to continue its torrid expansion in the face of volatility as it’s quickly becoming a defensive economic crown jewel. Using proprietary […]
Topics: market, slowdown, seeing, growth, chinas, goods, data, sector, luxury, expansion, economic, report, highend, company. -
The incredible rise of Pinduoduo, China’s newest force in e-commerce
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Editor’s note: This post originally appeared on TechNode, an editorial partner of TechCrunch based in China. From Alibaba to JD, China is not short of e-commerce powerhouses. Although the country’s e-commerce market is highly consolidated, it’s not impossible for startup teams to crack this market as long as they are solving the right problems for […]
Topics: ecommerce, force, million, rise, platform, incredible, users, social, company, newest, billion, rmb, pinduoduos, chinas, pinduoduo. -
US slams Alibaba and its challenger Pinduoduo for selling fakes
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China’s biggest e-commerce company, Alibaba, was again on the U.S. Trade Representative’s blacklist over suspected counterfeits sold on its popular Taobao marketplace that connects small merchants to consumers. Nestling with Alibaba on the U.S.’s annual “notorious” list that reviews trading partners’ intellectual property practice is its fast-rising competitor Pinduoduo . Just this week, Pinduoduo founder […]
Topics: shoppers, challenger, slams, fakes, selling, goods, startup, report, ustr, alibaba, users, pinduoduo, products, techcrunch, chinas. -
Ushopal looks to charm China’s beauty lovers with niche Western brands
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What will China’s answer to Estée Lauder look like in the digital age? According to Ushopal, it will provide a seamless online and offline shopping experience, where China’s savvy beauty shoppers get to discover niche, tasteful brands and learn their stories. Ushopal was founded in 2017 by J&J veteran Lu Guo as an “omni-channel” partner […]
Topics: chinas, charm, shanghai, lau, western, shoppers, million, niche, beauty, lovers, looks, brands, capital, techcrunch, ushopal, yuan. -
Viya, China’s top livestreaming influencer, vanished from cyberspace after receiving a $210m fine for tax evasion.
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On December 20, 2021, the State Tax Bureau of China announced that Viya would be fined $ 210 million(¥1.34 billion) for tax evasion. This is the highest fine levied on an individual in the country's history. Later on the same…
Continue reading Viya, China’s top livestreaming influencer, vanished from cyberspace after receiving a $210m fine for tax evasion.
Topics: products, cyberspace, vanished, livestreaming, receiving, china, market, chinas, evasion, sales, viya, ecommerce, tax, influencer, livestream, kols, fine, product, shopping, taobao. -
What grocery startup Weee! learned from China’s tech giants
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When Larry Liu moved to the U.S. in 2003, one of the first challenges he experienced was the lack of Chinese ingredients available in local groceries. A native of Hubei, a Chinese province famous for its freshwater fish and lotus-inspired dishes, Liu got by with a limited supply found at local Asian groceries in the […]
Topics: millions, role, giants, chinas, techcrunch, way, tech, liu, local, revenue, online, grocery, startup, weee, groceries, learned. -
Why the future of Chinese e-commerce is in its rural areas
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China announced a mere 6.7 percent economic growth in July 2018, the lowest growth rate since 2016. Despite a slowdown in overall economic growth, Chinese e-commerce has only increased, accounting for 40 percent of all worldwide e-commerce today.
Topics: development, chinese, rural, older, chinas, growth, companies, future, potential, ecommerce, areas. -
Will China’s coronavirus-related trends shape the future for American VCs?
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There may be dark horses waiting to break out when this pandemic is over. Paraphrasing "A Tale of Two Cities," this is the worst time, but also maybe the best time.
Topics: future, china, coronavirusrelated, deals, usbased, american, investment, chinas, slowdown, trends, techcrunch, week, vcs, shape, vc, venture.