BRIEF: Taobao launches $7 billion subsidy in instant retail wars
E-commerce giant Alibaba (BABA.US; 9988.HK) announced on Wednesday that its Taobao Flash Sale instant retail platform has launched a 50 billion yuan ($6.97 billion) subsidy program that will run for…
INTERVIEW: Alibaba brings e-commerce closer to consumers with RedNote partnership
Embedded links in recommendation notes on the popular lifestyle platform will take buyers directly to items for sale in Alibaba’s Tmall and Taobao marketplaces By Doug Young Taobao and…
How e-commerce short dramas get you to spend – without realizing it
The storytelling revolution of short, three-minute dramas on e-commerce platforms has seamlessly merged ‘watching’ and ‘shopping’ By Lee Shih Ta “She wore shabby clothes and was dumped by her…
INDUSTRY BRIEF: China regulators intervene in growing food delivery wars
Regulators have stepped in to try to tamp down a growing price war in China’s takeout dining sector. On the evening of May 13, the State Administration for Market Regulation…
How did instant retail trigger China’s ‘second takeout war’?
China’s second takeout delivery war is underway — only this time it’s not just about your lunch, but about the entire instant retail market By Lee Shih Ta As…
Douyin in, WeChat out of latest U.S. ‘Notorious Markets’ piracy list
Chinese companies continued to dominate the annual U.S. list of online and offline marketplaces with high trading in counterfeit goods By Teri Yu Douyin Mall, the e-commerce arm of Chinese…
BRIEF: Alibaba-backed Qiniu to raise $60 million in Hong Kong IPO
Audiovisual cloud services provider Qiniu Ltd. (2567.HK) will sell nearly 160 million shares in its Hong Kong IPO, with about 16 million available to local Hong Kong-based investors, the company…