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The Tencent headquarters in Shenzhen, China’s southern Guangdong province. Photo: AFP

Tencent beats estimates with 47% profit jump, driven by video gaming

Video gaming sales, traditionally Tencent’s strongest revenue driver, grew 14% in the domestic market.

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Alibaba, JD.com claim big win in Singles’ Day sales as consumption picks up pace

Alibaba arms merchants with AI assistant to streamline cross-border sourcing

Chinese firms get unlikely boost from Trump election as merchandise orders soar

Donald Trump’s election has, contrary to expectation, stimulated one area of the Chinese economy – firms sending Trump merchandise abroad.

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After last week’s US election results, factories in China began producing and selling Trump merchandise at remarkable rates. Photo: EPA-EFE

Alibaba sees Singles’ Day campaign pay off with strong sales in major categories

The top-performing product categories for Alibaba’s Singles’ Day campaign were home appliances, consumer electronics, beauty and apparel.

Vietnam threatens to block Chinese retailers Shein and Temu over licences

Fast-fashion retailer Shein has been selling to Vietnam for at least two years. Temu began allowing users in the country to shop last month.

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Alibaba gives sellers a sweeter deal as Singles’ Day switch-up bears fruit

China’s largest e-commerce firm was slipping in the war for consumers’ wallets. Then it reshaped its relationship with merchants.

Amid a brutal price war in China’s e-commerce industry, Alibaba took a different tack this Singles’ Day with new merchant-friendly policies. Illustration: Lau Ka-kuen

Urgency of AI development at Meituan underscored as co-founder returns

After selling his AI start-up Light Year to Meituan last year, Wang has reportedly returned to lead the company’s AI efforts.

Southeast Asia’s e-commerce gold rush draws Chinese giants

The region’s e-commerce market is set to double by 2030, a new report finds.

UK lawmakers could question Shein over workers’ rights early next year

Ahead of a possible London listing, UK trade committee will also look at how to ensure protection against poor labour standards overseas.

People walk past an ad for online retailer Shein in London, UK. Photo: Reuters

Alibaba’s Black Friday alternative hits US with AliExpress Singles’ Day sales

Alibaba’s international e-commerce platform is kicking off Singles’ Day sales in the US on Friday and runs through November 18.

AliExpress is pushing Singles’ Day sales in the US with major promotional events for the first time this year. Photo: Shutterstock

Shein touted as model unicorn in China’s ‘new quality productive force’ push

Shein, which sells budget clothing to a global customer base, was praised by state media for its contribution to industry upgrading.

China’s Zhejiang province rolls out platform to grow cross-border e-commerce

Zhejiang’s new e-commerce service platform expects to serve 15,000 enterprises within the next three years.

EU to investigate China’s Temu over suspected illegal products and ‘addictive’ platform

If found guilty, the Chinese online marketplace could face fines amounting to 6 per cent of annual global revenue.

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The European Commission is assessing the addictiveness of Temu’s platform, including its “game-like reward programmes”. Photo: Shutterstock

Temu’s debut in Vietnam faces scrutiny after Indonesian ban

The Chinese bargain shopping site is accused of operating in Vietnam without government approval, according to local reports.

Temu is an e-commerce platform owned by PDD Holdings. Photo: Reuters

Chinese e-commerce platform JD.com to accept Alipay as ‘walled gardens’ fall

The Alipay move comes on the heels of Alibaba’s logistics arm Cainiao announcing it would provide services on JD.com.

Chinese cities dominate Amazon seller network, outnumbering US hubs

More than half of Amazon’s top 20 seller bases are in China, including top-ranked Shenzhen.

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Alibaba’s Singles’ Day sales see strong demand for designer toys, pet products

Popular merchandise this year include niche products like Jellycat, a British soft toy brand that is gaining popularity among young Chinese.

An ad for a Tmall Singles’ Day shopping carnival is broadcast at a subway station in Shanghai, October 15, 2024. Photo: CFOTO/Future Publishing via Getty Images

Why are young Chinese crazy about ‘blind box’ emotional consumption?

Young consumers’ willingness to spend on blind box toys contrasts with wider retail gloom.

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Chinese rocket firm is selling tickets to space on Taobao for US$280,000 each

The suborbital trip, scheduled for 2027, will last around 12 minutes with a maximum height of 150 kilometres.

China counts on sales season to coax cautious consumers into spending spree

Singles’ Day – China’s largest retail event – began early this year, prompting record courier activity as consumers pounce on deals.

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China’s biggest shopping season, Singles’ Day, began early this year to drive spending in a weak period for consumer confidence. Photo: VCG via Getty Images

Shein’s profits said to plunge 70%, adding uncertainty to IPO

Slowing earnings growth is weighing on the company’s plan for a public market debut in London.

Shein reportedly saw sales and profits growth slow significantly in the first six months of 2024. Photo: Reuters

TikTok owner ByteDance faces flagging growth as e-commerce rivals circle

ByteDance has faced ‘significantly’ slower revenue growth this year, according to media reports, as it struggles to get TikTok Shop to take off.

Alibaba starts Singles’ Day direct sales, with strong demand for Apple products

The encouraging start to Singles’ Day sales for the country’s largest online retail platforms augurs well for consumer spending on the mainland.

Apple’s iPhone 16 sees further price cuts as part of Singles’ Day promotions

Alibaba’s Tmall, JD.com and Pinduoduo introduced further iPhone 16 discounts as part of their respective Singles’ Day campaigns.

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The iPhone 16 series on display at an Apple Store in Shanghai. Photo: Shutterstock

Alibaba’s new digital marketing tool boosts Singles’ Day sales for merchants

Quanzhantui, a digital marketing tool for merchants, is seen as a key measure of success in monetising Alibaba’s Taobao and Tmall marketplaces.

A woman walks past a Singles’ Day shopping festival ad displayed on an LCD screen in Shanghai, October 15, 2024. Photo: VCG

JD.com issues apology to customers after Singles’ Day campaign sparks backlash

The adverse reaction to stand-up comedian Yang Li shows that JD.com underestimated how she is constantly targeted by male internet users.

Alibaba sees double-digit sales growth for Singles’ Day in Hong Kong

The rosy prediction comes on the back of a US$142-million promotion that waives delivery fees on certain orders for Taobao users in the city.

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E-commerce
Latest news, analysis and opinion on ecommerce, covering new technology, consumer habits and the growth of digital payment options.
last updated:
9 September, 2024
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