Kuaishou's CEO Su Hua is stepping down, will remain chairman of the short-form video company; fellow co-founder Cheng Yixiao will be the new CEO
Kuaishou's Su Hua is only the latest Channel NewsAsia : China's Kuaishou says co-founder Su Hua to step down as chief executive South China Morning Post : Kuaishou CEO Su Hua becomes third Big Tech fo...
eMarketer: Alibaba's share of China's ecommerce market fell to ~51% from ~78% in 2015, as users move from product searches to interactive experiences on rivals
and leaving Alibaba behind. @StephanieAYang @raffaelehuang https://www.wsj.com/... Doug Stephens / @retailprophet : The insight: E-commerce has shifted from being centralized and search driven to beco...
A look at China's online grocery business, as tech titans like Didi Chuxing offer community group buying where households pool orders to buy directly from farms
often neighbors within an apartment complex—pool their food orders to buy in bulk..” Great overview by @Yunanzhang_ https://www.theinformation.com/ ... https://twitter.com/... Amir Efrati / @amir : 🍎🥑...
Money launderers are using Chinese online shopping sites to funnel billions of dollars to offshore gambling accounts using fake transactions
Financial Times : Tweets: @briefnorris and @rshorsey Tweets: Michael Norris / @briefnorris : Sketchy $PDD: “Several gamblers said they had used $PDD to transfer money. Zhao Yongdong, who became addic...