JD.com: the future of China’s B2C market?

Leung Muk Wun (Kristie) China Digital News

When talking about B2C platforms in China, Alibaba is usually the first name that comes to people’s mind, seldom do people think of JD.com, the largest retailer in China aiming to compete with Amazon on a global scale. While the middle class is expanding fast in China, Chinese consumers are paying more attention to the quality and authenticity of goods, …

China’s coffee wars: How Luckin Coffee & Coffee Box plan to take on Starbucks

Claire Chu China Digital News, WeChat news

As foreign companies in China go, Starbucks is an unique case. Traditionally a land of tea, China was exposed to the specialty coffee culture in 1999 when Starbucks opened their first shops in China’s larger cities. The coffee chain essentially faced no serious competition in China in the early years, and effectively established itself as a daily routine for white-collar …

What is Secoo? Discover China’s premium lifestyle hub

Claire Chu China Digital News

Secoo is China’s biggest luxury e-commerce platform. It also offers offline experience centers for shoppers. Here are some highlights of Secoo: Secoo is listed on Nasdaq with $704.808 M market cap as of August 2018 Secoo listed 300,000 SKUs, covering over 3,000 global and domestic brands Gross Merchandise Value reached RMB1,119.5 million (USD$178.5million) for Q1 2018 306,100 orders in Q1 …

Xiaomi: the future of China’s hottest hardware company & company overview

Leung Muk Wun (Kristie) New WeChat features

Recently, Hong Kong’s securities regulator and market operator together enabled a reform of Hong Kong’s listing rules in order to ‘lure’ technology companies that wish to sell equity with multiple classes of stock, allowing founders to keep outsized voting rights. Xiaomi was one of the first large technology company to have filed for IPO in Hong Kong Stock Exchange market …

A close look at China’s revenue-sharing platforms: Yunji, Beidian and Global Scanner

Claire Chu New WeChat features

If one day, a WeChat friend starts to promote “discounted” groceries, “best-price” cosmetics and other products of all sorts, he or she might have joined one of the biggest WeChat based multi-level revenue sharing platforms. Some of the biggest platforms include Yunji (云集), Beidian (贝店) and Global Scanner (环球捕手, AKA 51Bushou). Everyone is a store operator These social based e-commerce …