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China's group-buying platforms shift focus to profitability amid declining popularity: report · TechNode technode.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from technode.com Daily Mail and Mail on Sunday newspapers.
Pinduoduo pauses foray into local life field designed to challenge Meituan and Douyin: report · TechNode technode.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from technode.com Daily Mail and Mail on Sunday newspapers.
E-commerce in China is growing at a substantial rate with an increase in internet penetration in the country. Earlier this year, a World Economic Forum report cited data from Statista and eMarketer, stating that more than 50% of global Internet retail sales comprised Chinese e-commerce. According to eMarketer, e-commerce in China is expanding at a faster pace than anywhere else in the world. Using the TipRanks Stock Comparison tool, let us compare two Chinese e-commerce companies, Alibaba, and P ....