China Newsbase
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The China News Database was last updated at 08:27AM on December 31, 2023.
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62 articles matching the search query.
Can Yonghui’s hot tech CEO turn the supermarket chain around?
Born as a farmers’ market in 2001, Yonghui grew rapidly as the first retail chain to bring fresh agricultural produce into Chinese supermarkets. But ecommerce and COVID changed everything. Can its new CEO, a tech platform veteran, turn it around?
June 7, 2023 Source: The China Project
Profits are way up for discount ecommerce giant PDD as Temu app expands globally
PDD’s earnings show a recovery in consumer sentiment in China, and will help the company expand its cross-border operations taken on by global platform Temu.
May 30, 2023 Source: The China Project
Two billion eyes and a billion wallets: Short video ecommerce is thriving in China
TikTok’s potential death throes in DC were live streamed across the world last week, but China’s domestic short video platform ecosystem is in rude health, buffed up by live streaming ecommerce.
March 31, 2023 Source: The China Project
Temu vs Shein: Which platform will rule the ecommerce world?
China is the world leader in online retail, and its ecommerce firms are venturing out into the world. As two major firms battle it out on the global stage, what are the stakes, and how will ecommerce competition within China affect their performance?
March 17, 2023 Source: The China Project
Walmart is a China survivor thanks to its wholesale chain Sam’s Club
Big box retailer Carrefour is failing in China, and Walmart has not exactly been a resounding success either. But Walmart is still profitable thanks to its wholesale chain, which is enjoying a post-COVID spring.
March 2, 2023 Source: The China Project
Big box stores are dying and Carrefour China is on its last legs
Shelves are empty, staff are leaving, and Carrefour’s China operations — sold in 2019 by the French retail giant to Chinese white goods conglomerate Suning.com — is ready to breathe its last in China after 28 years. Blame ecommerce and COVID.
February 9, 2023 Source: The China Project
Editor’s note for January 30, 2023
A note for Access newsletter readers from Jeremy Goldkorn.
January 30, 2023 Source: The China Project
Can Chinese discount ecommerce firm Temu charm America?
Pinduoduo is China’s king of low cost ecommerce. Four months ago it launched Temu, a similar service for the American market. How sustainable is the new startup?
January 30, 2023 Source: The China Project
Big livestreaming ecommerce IPO but an uncertain future
Huafang Group launched a successful IPO in Hong Kong, but competition in the industry is brutal, regulators are strict, and the future is uncertain.
December 13, 2022 Source: The China Project
Pinduoduo launches ecommerce price war in the U.S. with new app Temu
Chinese ecommerce giant Pinduoduo is selling products at Chinese prices to U.S. consumers on its new global platform, Temu. But can Temu ever catch up with fast-fashion brand SHEIN?
November 29, 2022 Source: The China Project
The Singles Day shopping festival: Not so crazy anymore after all these years
Where’s this year’s sales data? Alibaba and JD.com aren’t saying, and it seems Chinese shoppers are falling out of love with over-hyped online shopping festivals.
November 14, 2022 Source: The China Project
‘Low grain prices hurt farmers’ — Phrase of the Week
Two online influencers disagree on the price of sweet corn. Each accuses the other of squeezing farmers’ margins.
October 7, 2022 Source: The China Project
‘Making a comeback’ — Phrase of the Week
The return of a popular livestreamer was greeted with an expression that evokes the romance of Chinese literary bandits.
September 30, 2022 Source: The China Project
‘Lipstick King’ Li Jiaqi returns to ecommerce livestreaming after ‘tank dessert’ incident
After a three-month hiatus caused by politically insensitive imagery, Li Jiaqi made a low-key comeback earlier this week. Analysts see his return as proof that it’s still possible to convince Chinese consumers to spend.
September 22, 2022 Source: The China Project
Editor’s Note for Wednesday, September 21, 2022
A note for Access newsletter readers from Jeremy Goldkorn.
September 21, 2022 Source: The China Project
SHEIN’s fast-fashion sales machine earns billions as new competitors launch
SHEIN has revolutionized fast fashion as a trendy, social-media-fueled global brand, and now Pinduouo and others are imitating its model of cheap prices, fast delivery, and small-batch manufacturing. But are these lightning-fast supply chains ethical or sustainable?
September 6, 2022 Source: The China Project
Pinduoduo had a great quarter, and is sending strong signals that it will expand overseas
Growth in China’s ecommerce market is flattening, but agricultural and low-end goods ecommerce giant Pinduoduo has just reported great results for the second quarter. How long can the company keep expanding without venturing abroad?
August 31, 2022 Source: The China Project
With ‘instant retail,’ brick-and-mortar stores are making a comeback
Offline stores are back in the game. Local convenience stores are now delivering groceries, medicines, and clothes faster than Alibaba and JD.com can.
August 25, 2022 Source: The China Project
Offline electronic appliances retailer Gome can’t compete with the ecommerce companies and is facing ruin
Gome and its charismatic founder, Huang Guangyu — who started out as a trash collector — made a fortune by selling discounted electrical appliances at big-box stores. Huang later spent a decade in jail for insider trading, but after he was released in 2020, he promised a return to the glory days.
August 4, 2022 Source: The China Project
China’s largest underwear maker wants to lead a revolution, but it’s playing catch-up online
Cosmo Lady wants to change the way Chinese women see underwear, but the company and its thousands of offline stores are being upstaged by a wave of new online competitors.
July 5, 2022 Source: The China Project