Alibaba’s AliExpress pushes ‘10 billion yuan of subsidies’ campaign to entice more Chinese brands and merchants to sell in overseas markets

The campaign called “10 billion yuan of subsidies” – a typical mainland marketing phrase used to tout large online allotments – will be given to an initial batch of 1,000 Chinese brands and merchants, including those who have already opened a store on Alibaba’s domestic retail platform Tmall, according to an AliExpress statement on Monday. … Read more

Is Temu Safe To Buy From or Is Temu a Scam? What You Need To Know

The Chinese e-commerce platform, owned and operated by PDD Holdings, continues its meteoric rise in the US and beyond, with 41.34 million app downloads in March 2024. The platform dominated the ad space in this year’s Super Bowl and is consistently leading app store charts. What is Temu Like? You can buy almost anything you … Read more

Alibaba, navigating sea change, reorients business towards bread-and-butter e-commerce and AI, pares down overhaul

By March 2023, Alibaba had lost three quarters of its value from the peak in October 2020, as the e-commerce giant, once seen as China’s answer to Amazon.com, faces questions on whether it can recapture its former glory while dealing with China’s economic slowdown, regulatory scrutiny and fierce competition from old and new rivals. The … Read more

China’s Suzhou city plans supercharged cross-border e-commerce business after Shein and Temu success

The hi-tech manufacturing hub of Suzhou has unveiled a plan to double the city’s cross-border e-commerce annually for the next three years, as it looks to tap into the growing influence of Chinese platforms such as Shein and PPD Holdings’ Temu. The municipal government of the city in eastern Jiangsu province has issued a policy … Read more

PDD’s Colin Huang surpasses Tencent, ByteDance founders as China’s richest tech billionaire after Pinduoduo outgrows e-commerce rivals

Colin Huang, the founder of PDD Holdings, has become China’s richest technology entrepreneur after a surge in the value of its US-listed shares, allowing him to surpass the nation’s more illustrious tycoons Pony Ma Huateng of Tencent Holdings and Zhang Yiming of Bytedance. The 44-year-old grew his wealth by 71 per cent to 385 billion … Read more

Amazon Is Panicking After Losing 2M Customers To Chinese Rivals Temu And Shein Since January

Global e-commerce giant, Amazon, is currently enduring somewhat of a challenging period as the company has seen its customer figures drop by over two million recently. This marginal decline comes as its Chinese-based competitors, Temu and Shein, have gathered a stronger hold internationally since expanding. The two online retailers ship out products directly from China … Read more

Alibaba brings 5-day delivery on AliExpress to US via Cainiao in battle against Shein, Temu

Alibaba Group Holding has expanded its “five-day delivery” service to the US, as the Chinese e-commerce giant faces intensified competition against Temu and Shein in the world’s largest economy. Customers who place an order in the US on AliExpress, Alibaba’s international e-commerce platform, can now expect to receive their parcel in five days, delivered by … Read more

US lawmakers want a TikTok sale or ban, but China’s ByteDance won’t give up without a fight

The bill is headed to the US Senate, where both Democratic and Republican leaders have rejected the idea of fast-tracking its passage. 03:10 Protests at US Congress after House passes bill that could potentially ban TikTok nationwide Protests at US Congress after House passes bill that could potentially ban TikTok nationwide While US President Joe … Read more

Say Goodbye To CarTok

TikTok, the massive social network full of short-form videos and big oil propaganda, is on its way to meeting a terrible fate. A bill demanding that parent company ByteDance either sell the platform or see its removal from U.S. app stores passed the House of Representatives with an overwhelming majority today, leaving … Read more… … Read more

Is Temu legit? Everything you need to know about the app

Have you been looking for an Amazon shopping alternative? Outside of getting in your car and heading to your local brick-and-mortar establishment (scary, we know), one smartphone and tablet-friendly shopping tool you could take for a spin is Temu.  Launched in September 2022, Temu prides itself on its cost-friendly approach to buying stuff online. But … Read more