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last updated:
9 September, 2024
Nongfu Spring
Billionaire founder of China’s Nongfu Spring pledges to end price war
Low prices are destroying the quality of Chinese products and undermining the economy, tycoon says.
24 Jan 2025 - 11:00AM
Apps
China’s super app WeChat bolsters e-commerce credentials via gift-giving feature
23 Jan 2025 - 8:00AM
Alibaba
JD.com introduces gifting feature after Alibaba and Tencent
17 Jan 2025 - 6:30PM
Hong Kong
Struggling with Taobao? It’s now available in English for Hongkongers
The Chinese e-commerce platform has soft-launched an English interface in Hong Kong.
17 Jan 2025 - 5:13PM
TikTok
China’s TikTok sellers eye Amazon and Shein as US ban looms
Cross-border merchants in China are bracing for an impending ban on TikTok in the US.
14 Jan 2025 - 9:00PM
Alibaba
Chinese firms face harsh reality amid geopolitical tensions: Alibaba co-founder
Current geopolitical environment is the most unfriendly ever, Alibaba co-founder and chairman says.
14 Jan 2025 - 8:33PM
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US-China tech war
Chinese tech firms face curbs on overseas expansion under Trump 2.0: UBS analyst
Chinese companies will continue international push amid slowing growth at home, but face greater risks, UBS analyst Kenneth Fong says.
14 Jan 2025 - 8:00AM
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China economy
My Take
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China’s tech upgrade keeps export machine roaring despite US tariffs
The proliferation of e-commerce and other technologies has helped China maintain its resilience amid trade barriers.
14 Jan 2025 - 7:00AM
China economy
Opinion
|
China will rein in vicious competition at the root of its overcapacity
New reforms for a unified national market, including addressing unfair competition, will rein in unchecked competition and the damage it is causing.
9 Jan 2025 - 8:30PM
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Tencent
US trade office removes Tencent’s WeChat from counterfeit sellers list
WeChat was among six online Chinese platforms and nine bricks-and-mortar sellers added to the counterfeit goods list in 2022.
9 Jan 2025 - 3:54PM
TikTok
TikTok Shop rival raises funds at US$5 billion valuation
Last year, more than US$3 billion worth of goods were sold on Whatnot, including sneakers, collectibles, vinyl records and handbags.
9 Jan 2025 - 11:15AM
China's economic recovery
China’s logistics sector stands and delivers with busiest year ever in 2024
State Post Bureau reports highest delivery volume ever, estimates a banner 2025 as consumption becomes economic imperative.
8 Jan 2025 - 7:30PM
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Alibaba
Alibaba revamps gift-giving feature on Taobao to fend off Tencent competition
After placing an order, the buyer sends a virtual gift card with passcode to the recipient, who has to claim the goods within 24 hours.
8 Jan 2025 - 3:00PM
Britain
Shein lawyer evades questions on China cotton at UK hearing, angering lawmakers
The fast-fashion giant is accused of forced labour in its supply chains as it reportedly prepares for a US$62 billion listing in London.
8 Jan 2025 - 8:33AM
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China technology
PDD’s billionaire investor Duan Yongping showers praise on Temu
In a speech at his alma mater Zhejiang University, Duan professes his admiration for PDD founder and fellow alumnus Colin Huang Zheng.
6 Jan 2025 - 9:00PM
TikTok
TikTok expands e-commerce operation into Mexico amid potential US ban
TikTok Shop’s geographic expansion south of the United States shows it is undeterred by Washington’s ‘sell-or-ban’ law.
6 Jan 2025 - 6:00PM
Electric & new energy vehicles
China’s 30,000 car dealers face bleak 2025 as price war, e-commerce crimp margins
Despite a 4.7 per cent rise in nationwide car sales, some 4,000 dealerships have closed due to a financial squeeze.
5 Jan 2025 - 10:08AM
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Artificial intelligence
China’s tech giants vow to fix algorithm issues amid crackdown
ByteDance’s Douyin, PDD’s Pinduoduo, and Xiaohongshu have promised to address issues related to the misuse of algorithms.
4 Jan 2025 - 3:00PM
Alibaba
E-commerce giants jump on China’s new trade-in programme for home appliances
Alibaba and JD.com are among the earliest to join the country’s renewed subsidy programme for home-appliance shoppers.
4 Jan 2025 - 9:20AM
Alibaba
Alibaba set on growth path after divesting offline retailing assets: analysts
After disposing of Sun Art and Intime, an ‘asset-light’ Alibaba is expected to be in a better position to compete against e-commerce rivals.
3 Jan 2025 - 7:00AM
Technology
Opinion
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Asia’s embrace of refurbished smartphones is a trend to dial into in 2025
It’s great for the environment, for brands looking to seduce customers into switching and for consumers hunting for a bargain.
3 Jan 2025 - 6:03AM
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Human rights
UK lawmakers summon Shein and Temu for questioning over labour practices
Both online retailers have faced allegations of poor working practices at product factories in China and of forced labour in supply chains.
3 Jan 2025 - 10:06AM
Apple
Apple offers fresh price cuts on iPhones in China as Huawei competition heats up
A promotion running from January 4 to 7 will provide Chinese consumers a US$68 discount on Apple’s top-of-the-line iPhone 16 Pro models.
2 Jan 2025 - 7:00PM
Alibaba
Alibaba sells retailer Sun Art for US$1.7 billion to refocus on e-commerce
Alibaba agreed to divest its entire stake in Sun Art Retail Group to Chinese private-equity firm DCP Capital.
1 Jan 2025 - 8:49PM
Mexico
Mexico unveils new tariffs that may put Shein, Temu in the crosshairs
Goods that enter Mexico from countries that do not have an international treaty with Mexico will be subject to a duty of 19 per cent.
1 Jan 2025 - 11:33AM
Alibaba
Alibaba’s Freshippo records 9 straight months of profit, CEO says
The grocery chain has hit a profitability milestone this year, according to CEO Yan Xiaolei, who assumed the role in March.
31 Dec 2024 - 6:00PM
Hong Kong economy
Opinion
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Hong Kong should focus on finding compelling uses for generative AI
Foundational tech is important but what people need and want will dictate the success or failure of generative AI and the return on investment.
30 Dec 2024 - 5:30AM
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Meituan
Meituan ditches delivery penalty amid China’s algorithm crackdown
The shift is part of the changes to the company’s overarching algorithms that determine a series of operational procedures for its couriers.
13 Jan 2025 - 9:32PM
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