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Chinese “dama” (literally, big mamas) are budget-savvy shoppers most eager to snap up a good deal. They do most of the shopping for the family, and fortunately, they know just the place to score bargain-basement prices on everyday items, with discounts as deep as 90% off (look for overripe fruits that don’t last another day). On one condition: whip up …
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, …
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 …
WalktheChat is recruiting a new Account Manager in Beijing!
WalktheChat is recruiting a new Account Manager in Beijing!
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 …
A short history of Douyin Dou Yin is an impressive product: it was developed in 200 days, and within a year got 100 million users, with more than 1 billion videos viewed every day. How did a team of 8 achieved such as result in just 500 days? Let’s look into it. What is Douyin? Douyin is a short-video App …
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 …
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 …
Alibaba has been growing in the entertainment business with an aggressive acquisition strategy since 2014. The article will cover the following topics: Alibaba’s entertainment business’s structure Alibaba Picture Taopiaopiao Damai Youku Tudou UCweb How Alibaba links entertainment with e-commerce Competitors (Tencent & Baidu) What comprises Alibaba’s entertainment empire? Alibaba Pictures The film company was formerly called ChinaVision Media, of which …