Ecommerce continues to climb to new heights in the U.S., where recently released figures for Q4 2023 show that sales reached nearly $325 billion. But America looks set for an ecommerce war. Having ...
The bitter battle among China's major online companies to win the "instant retail" war is expected to further depress their short- to medium-term profits and contribute to deflationary pressures in ...
The auditorium at Alibaba's headquarters was packed with attendees, leaning against the wall and squeezing onto the stairs. Hundreds of Chinese small-business owners listened raptly as a stream of ...
PDD Holdings Inc. is a well-run, low-cost operator with best-in-class execution. Click here to read an analysis of PDD stock ...
Shanghai-based JST, which provides software as a service for e-commerce firms, issued over 68 million shares in the Hong Kong offering, raising HK$2.09 billion, or about US$269 million. It estimated ...
NASHVILLE, Tenn. -- China-founded e-commerce sites Temu and Shein say they plan to raise prices for U.S. customers starting next week, a ripple effect from President Donald Trump's attempts to correct ...
Walmart (WMT) has entered into a strategic partnership with Meituan, according to a post by the retailer’s China unit on the WeChat app. Meituan is China’s largest food delivery service and offers a ...
New research from eMarketer predicts that 52.1% of retail sales in China will come from ecommerce in 2021. If the forecast bears out, this will be a major milestone for online commerce, marking the ...
Alibaba Group has decided to sell off its 11Main e-commerce site in the U.S., as part of its focus on attracting foreign brands to its China business. OpenSky, a U.S.-based online retail company, will ...