The stock of PDD Holdings, parent company of the fast-growing Temu shopping app, sank more than 30% on Monday, losing more than $50 billion in market...
“We’re excited to collaborate with Amazon to offer a seamless and fun shopping experience,” TikTok wrote in a post on Thursday, which did not provide details...
Temu’s efforts to please consumers were borrowed from its Chinese sister platform Pinduoduo, known for cut-to-the-bone deals and easy-to-refund options. That policy has helped Temu grow...
Hidden in the town of Nancun in Guangzhou’s Panyu district, a labyrinth of residential buildings and small factory compounds, is Shein’s sourcing centre. At the nearby...
People shop at online fast-fashion retailer Shein’s pop-up store in Ottawa, Ontario, Canada, on May 18, 2024. Photo: Reuters The pressure comes from these investors’ hopes...
AliExpress, the international online retail platform of Alibaba, has been in talks to invest US$72.4 million to acquire a 5 per cent stake in Ably Corp,...