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Singles' Day

Pinduoduo heats up price war during China’s 618 shopping festival with tool for merchants to quickly adjust cost of goods

by Anas Siddiqui
Pinduoduo heats up price war during China’s 618 shopping festival with tool for merchants to quickly adjust cost of goods

The novel system, which Pinduoduo rolled out on Wednesday, provides merchants on the platform a fast and intelligent way to “keep pace with [the pricing strategy of] competitors”, according to …

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Alibaba, navigating sea change, reorients business towards bread-and-butter e-commerce and AI, pares down overhaul

by Anas Siddiqui
Alibaba, navigating sea change, reorients business towards bread-and-butter e-commerce and AI, pares down overhaul

By March 2023, Alibaba had lost three quarters of its value from the peak in October 2020, as the e-commerce giant, once seen as China’s answer to Amazon.com, faces questions …

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Why a Chinese court’s landmark decision recognising the copyright for an AI-generated image benefits creators in this nascent field

by Anas Siddiqui
Why a Chinese court’s landmark decision recognising the copyright for an AI-generated image benefits creators in this nascent field

A Chinese court’s decision recognising the copyright of an image generated via artificial intelligence (AI) aims to encourage such creations and provide a boost to this nascent industry, according to …

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Chinese e-commerce firms JD.com and Alibaba’s Taobao roll out ‘refund only’ policy to shoppers, heating up rivalry with budget retailer Pinduoduo

by Anas Siddiqui
Chinese e-commerce firms JD.com and Alibaba’s Taobao roll out ‘refund only’ policy to shoppers, heating up rivalry with budget retailer Pinduoduo

Cutthroat competition in China’s vast e-commerce sector is poised to escalate, as leading shopping platforms JD.com and Alibaba Group Holding’s Taobao offer a “refund only” policy so consumers can keep …

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Huawei has a big problem with the popular Mate 60 5G smartphones: there’s not enough supply to meet growing demand

by Anas Siddiqui
Huawei has a big problem with the popular Mate 60 5G smartphones: there’s not enough supply to meet growing demand

“Production capacity can’t meet demand, which is the reason Huawei is doing pre-orders,” said Counterpoint Research senior analyst Wang Yang, adding that presales help buy some time for Huawei to …

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Alibaba, JD.com withhold Singles’ Day sales tally for second year, but strike positive tone amid economic headwinds in China

by Anas Siddiqui
Alibaba, JD.com withhold Singles’ Day sales tally for second year, but strike positive tone amid economic headwinds in China

Alibaba Group Holding and JD.com said they achieved sales growth during this year’s Singles’ Day shopping festival, but stopped short of disclosing exact revenue numbers for the second straight year, …

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Chinese consumers on the hunt for low prices, local brands on Singles’ Day shopping festival as economy shows signs of turning a corner

by Anas Siddiqui
Chinese consumers on the hunt for low prices, local brands on Singles’ Day shopping festival as economy shows signs of turning a corner

More than three-quarters of 3,000 shoppers recently surveyed by Bain & Co plan to spend less or maintain their expenditure at 2022 levels during this year’s Singles’ Day, according to …

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Singles’ Day sales get ‘aggressive’ as shops tease Southeast Asia’s newly frugal consumers

by Walter Watson
Singles’ Day sales get ‘aggressive’ as shops tease Southeast Asia’s newly frugal consumers

From cheap flights to handbags, bulk buys of goji berries and two-for-one Botox injections, Southeast Asian businesses are desperate to claw back custom this Singles’ Day from shoppers made reluctant …

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Pinduoduo says Chinese consumers show more ‘rational’ buying behaviour during its Singles’ Day sales promotion as sales jump

by Anas Siddiqui
Pinduoduo says Chinese consumers show more ‘rational’ buying behaviour during its Singles’ Day sales promotion as sales jump

Pinduoduo, the bargain e-commerce app operated by PDD Holdings, is enticing China’s cost-conscious consumers with steep price subsidies during this year’s Singles’ Day shopping festival, as it reported a year-on-year …

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Alibaba steps up Singles’ Day promotion with group of live streamers persuading consumers to shop for low-priced goods on its platforms

by Anas Siddiqui
Alibaba steps up Singles’ Day promotion with group of live streamers persuading consumers to shop for low-priced goods on its platforms

Among the live streamers who helped launch the Alibaba e-commerce unit’s campaign at 8pm on Tuesday via Taobao Live, a dozen of them – including top influencer Austin Li Jiaqi …

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