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Did you hear that Pinduoduo has sold for USD969 Million of food products in 12 Days in China? Crazy news, the increase in the shares of Pinduoduo Inc. (Nasdaq: PDD) rose nearly 2 percent to $ 20.41 after the start of the Guangxi Harvest Festival on Friday, June 7 (2019) Pinduoduo declared that from June…
The unicorn Pinduoduo (PDD) is the biggest e-commerce company in China after Alibaba and also the fastest-growing e-commerce group at present. Pinduoduo arrived in China only in 2015, becoming popular in a few years. How is it possible? In this article we’ll explain: how PDD has become the current fastest-growing e-commerce platform; why it is…
JD has a record high turnover during the global shopping festival The famous Double 11 shopping festival just ended in China. Compared with last year, this year’s data continues to increase, and Chinese consumers’ enthusiasm for consumption remains unabated. The two leaders of e-commerce during this Double 11 is Tmall and JDcom. Pinduoduo did not…
Chinese cross-border market overview As the scale of e-commerce continues to expand, China’s e-commerce has entered a period of relatively stable development from a period of ultra-high-speed growth in 2016. However, China’s cross-border e-commerce continues to maintain growth. According to statistics from the General Administration of Customs, the total value of China’s cross-border e-commerce in…
Good question: what solution when you are a niche brand and still want to enter the Chinese market with a low-cost solution? What is Taobao? An online client in China care group does not merely address client questions — it likewise fills in as an individual customer and smaller scale influencer, impersonating the present well-known…
Four ones, or more precisely, double eleven in date (11.11.) falls to this Monday this year, which began more than twenty years ago as an innocent tradition of single students, is now one of the most important days of the year for Chinese business. There is no need to circuitously introduce China´s Alibaba company. Its…
If a company chooses a wait-and-see approach instead of leading the charge in new technologies, then they have already lost. Many brands still don’t understand this… Nowadays, many companies and brands believe that some luxury products cannot be bought online. As a result, they choose not to be present on the Internet. However, the fact…
I) Evolution of the Alibaba platform Launched in 1999, Alibaba.com, a B2B (business to business) platform, is Jack ma first e-commerce product. Originally it was a platform connecting foreign companies with Chinese manufacturers, at a time when China was primarily a manufacturing country. Today, Alibaba is mostly considered a consumer e-commerce giant, with a market…
Introduction: Having decided to focus on its profitable activities and digital services, the American giant announced the closure of its online sales site in the world’s most populous country. I) Reasons The U.S. group’s decision underscores its difficulties in the Chinese market against well-established local competitors. According to the specialist research firm iResearch Global, Tmall,…
Wanna learn how to Sell on the LittleRedBook (Xiaohongshu)? You are at the right place! Little Red Book (Xiaohongshu in Chinese) is a shopping app for overseas products. It’s not only a social media platform but a cross-border e-commerce site, where users can “safely” share their shopping experience. Weibo is very public, and sometimes sharing things…
We are a Cost-effective Chinese E-Commerce Agency and we can help you to sell on Secoo your Luxury, Fashion & Lifestyle Brand. Secoo E-Commerce Agency Secoo is China’s biggest luxury e-commerce platform focused on the Asian market. Founded in 2008, its total revenue reached RMB 802.5 million (USD$ 127.9 million) in Q1 2018. Enter into…
After 5 years of blurry information and negotiation, the China E-commerce government started the first effect on this law today. What is this effect of this New Chinese e-Commerce Law? the main points of the law and how does it change the market? 1.Need a Legal entity based in mainland of China Every E-commerce player must…
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