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China

PDD Holdings presents a net profit of 14.3 billion euros in 2024
The Chinese group PDD Holdings, owner of Temu, reported in a statement that its net profit was 112.435 billion yuan (around 14.343 billion euros) in 2024, an increase of 87.3%...
March 24, 2025
Apple and Alibaba Alliance: A Strategic AI Partnership to Revive iPhone Sales in China
Apple has officially announced a groundbreaking partnership with Alibaba to integrate artificial intelligence (AI) into iPhones sold in the Chinese market. This strategic move comes as Apple faces declining sales...
February 17, 2025
The Impact of Chinese E-Commerce on Global Trade - 2025 UPDATE!
China's e-commerce industry has solidified its position as the largest in the world, reshaping global online trade. As of 2023, China's retail e-commerce sales exceeded $2.68 trillion, making up nearly...
February 1, 2025
Nvidia Stock Plummets Amid DeepSeek AI Revelation: Implications for Global AI Competition
On January 27, 2025, Nvidia’s stock experienced a massive 17% decline, wiping out nearly $600 billion in market capitalization. This marks the largest single-day loss in U.S. stock market history....
January 28, 2025
Alibaba suffers a net loss of 1,741 million euros
Chinese e-commerce giant Alibaba has announced the sale of its 73.66% stake in Sun Art Retail Group, its hypermarket business in China, for a value of 11,383 million yuan (about...
January 7, 2025
The Current State of E-commerce Import/Export Balance Between China and the USA (2024)
The e-commerce trade relationship between China and the United States has been a cornerstone of the global digital economy. In recent years, shifting consumer demands, regulatory changes, and technological advancements...
November 11, 2024
China's e-commerce could reach $4.77 trillion by 2032 + Timeline of China’s E-Growth
China's e-commerce market has seen tremendous growth from 2020 to 2024, solidifying its position as the largest in the world. In 2023, the market was valued at approximately $2.22 trillion;...
October 23, 2024
How is E-Commerce in China Different from the Western World?
By GENUINE, Shanghai, China 2024.07.05 Curious about what sets the e-commerce markets of China and the West apart? It's not just about the size of their populations. Cultural preferences, payment...
July 13, 2024
Temu's parent company, PDD Holdings, increased its profits by 245% during the 2024 Q1
Chinese group PDD Holdings, owner of e-commerce platform Temu and Pinduoduo, posted an attributable net profit of 27.997 billion yuan (3.592 billion euros) in the first quarter of 2024, an...
May 24, 2024
Walmart will have three-quarters of its new sellers China-based!
It is expected that in 2024 at least three-quarters of new sellers in Walmart's marketplace will come from China, surpassing records set against the previous month, all with a clear...
May 22, 2024
Sephora recruits former Nike e-commerce leader for China operations
Sephora announced a new leadership appointment to oversee its presence in China, naming Xia Ding as managing director of Greater China. She will bring decades of experience, including time at...
April 17, 2024
When Are You Ready for Cross-Border E-commerce?
Perhaps the answer is "never". By Jacco BouwCo-founder of Agency China The question is a common one among companies eager to expand overseas, yet they hesitate, questioning if they are...
January 27, 2024
Using Ochama JD.com further expands into Europe
Ochama, a retail concept brand that is part of the Chinese e-commerce giant JD.com, has announced the expansion of its home delivery services to another 19 European countries. This brings...
October 17, 2023
China retains global e-commerce leadership with a 9.9% growth in 2023
China retains global e-commerce leadership with a 9.9% growth in their e-commerce market, according to GlobalData's forecast, which predicts the Chinese e-commerce market will grow to CNY15.2 trillion ($2.2 trillion)...
October 2, 2023
Alibaba Group launches Alibaba.com Select a B2B sourcing service
Alibaba.com, the B2B marketplace of Alibaba Group, has launched a new service 'Alibaba.com Select', designed for retailers, distributors, wholesalers, and medium and large enterprises that currently import or are interested...
October 25, 2022
Demand for online marketplaces driven by lower-tier Chinese consumers
A report by Invesco about how China’s lower-tier cities are stepping up in consumption says that demand for online marketplaces is driven by lower-tier Chinese consumers. This shift allows merchants...
June 19, 2019
Alibaba plans to up competition with Amazon
The global e-commerce company is allowing retailers from countries other than China to sell goods internationally via its platform. Mother company Alibaba will expand its international services provided by its...
May 15, 2019
Amazon to partially shut down in China during this upcoming summer
Amazon is closing its online marketplace in China for the upcoming summer. As of July 18th, Chinese companies are no longer able to sell items through Amazon.cn. Chinese consumers can...
May 1, 2019
3.3% of global online retail made up of counterfeit goods
Around the world, online sales experience an increase in the demand for counterfeit goods, as customers want to pay a lesser price for branded products. According to a report from the...
March 21, 2019
Forecast: e-commerce in China to value $1.8tn in 2022
According to Tamebay, a new report by Forrester called 'Ecommerce in China, Trends and Outlook for the Largest Ecommerce Market in the World', states the value of e-commerce in China is...
September 13, 2018
Online sales of technical consumer goods gain ground in Europe
According to a research by GfK, the online sales of technical consumer goods in Europe lags behind. While e-commerce accounted for a third of the total value of technical consumer...
September 6, 2018
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