Temu’s efforts to please consumers were borrowed from its Chinese sister platform Pinduoduo, known for cut-to-the-bone deals and easy-to-refund options. That policy has helped...
Alibaba Group Holding and JD.com touted impressive growth trends but declined to reveal total gross merchandise value (GMV) figures for their midyear 618 shopping...
Alibaba Group Holding said it is seeing “encouraging” user engagement and merchant growth during the 618 midyear online shopping festival, as rival Xiaohongshu, China’s...
Alibaba Group Holding and other e-commerce operators have released encouraging early sales data from their midyear 618 promotions – China’s biggest shopping season after...