Walmart is refining its strategy in the world’s second-largest economy, where its long-standing e-commerce partner is struggling along with major rivals Alibaba Group Holding and PDD Holdings, owner of Pinduoduo …
Douyin, the Chinese version of TikTok, led all other platforms with a 26.2 per cent surge in GMV, followed by Pinduoduo’s 17.7 per cent and Kuaishou’s 16.1 per cent. Alibaba …
Alibaba Group Holding is pushing CEOs to live-stream on its domestic e-commerce platform Taobao, as the tech giant ramps up efforts to win back consumers from rising rival Pinduoduo and …
Improved retail sales last year appear to have helped retail landlords, as the average retail rent rose 4 per cent in 2023, according to government data. This put shop rents …
Alibaba’s Taobao cuts fees for merchants and subsidises content as it seeks to protect its market lead, reports say Taobao, the main e-commerce platform of Alibaba Group Holding, has decided …
Wharf Reic, the owner of Harbour City and Times Square malls, said it would undertake promotional activities to get residents and tourists to loosen their purse strings after recording a …
Buying any appliance is a big purchase, but a refrigerator is especially so. Even the best refrigerators are bulky, usually cost quite a bit to have delivered and installed, and …
Harvey Nichols, the London-headquartered multibrand luxury retailer, is leaving Landmark, the upscale mall in Hong Kong’s Central after 18 years. The retailer is set to officially close its doors by …