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China

China Archives

Pinduoduo sales beat expectations, narrowing loss

Chinese e-commerce platform Pinduoduo reported better-than-expected quarterly revenue, helped by strong demand post pan...

US the top seller into China on Singles Day, say Alibaba, JD

Alibaba and JD said the US was the top seller of goods to China during the Singles' Day shopping extravaganza that gener...
Singles Day 2020

Singles Day sets record for Alibaba, rival JD

Alibaba predictably set a new record for Singles Day gross merchandise volume (GMV) yesterday, as did its rival JD.

Alibaba shoppers shatter Singles Day record already, spending $56 billion

Chinese e-commerce giant Alibaba Group said orders made during its Singles' Day mega-shopping festival had exceeded $56 ...

China releases draft rules for e-commerce platforms

China's market regulator on Tuesday published draft rules aimed at preventing monopolistic behavior by internet platform...

Singles Day kicks off, with new records inevitable

Alibaba’s giant digital shopping fest officially takes place today with this year’s event featuring a 10-day lead in.

Shiseido cuts outlook as prolonged pandemic hits cosmetics sales

Shiseido Co Ltd on Tuesday lowered its full-year outlook and said consumer sentiment had remained more cautious than the...

How Covid-19 has redefined Asia’s beauty market

The Covid-19 pandemic has transformed Asia's beauty industry, with e-commerce now a key factor for brands to rebound, ac...
Jack Ma

How billionaire Jack Ma fell to earth – and took Ant’s mega IPO with him

Jack Ma was just days away from his Ant Group's IPO in a record deal, when he fell foul of financial watchdogs and banks...

L’Oreal turns to Google as coronavirus spurs virtual make-up shift

Shoppers searching Google for cosmetics will be able to try them on virtually thanks to a deal with L'Oreal.