Sophie Yu
Stories by Sophie Yu
China bubble tea maker Mixue shares surge nearly 30% in Hong Kong trading debut
Mixue sold 17 million shares in the deal at a fixed price of HK$202.5 each.
How does PDD stack up against other big China e-ecommerce firms?
PDD's lean structure of relying heavily on third-party vendors has allowed it to enjoy better margins.
China’s PDD suffers $40b market cap wipeout after flagging an uncertain market
PDD operates discount platforms Pinduoduo in China and Temu for the international market.
Walmart’s exit raises questions about the future of JD.com
Walmart's sale of its stake worth $3.74b triggered a 10% slump in JD.com's share price.
China e-commerce group JD.com beats profit forecasts in second quarter
Major Chinese vendors like JD.com and Alibaba have increased their focus on discounts and lower-priced goods.
More worries for China as sales at mid-year e-commerce festival drop for first time
Major players such as JD.com and Alibaba cancelled a traditional pre-sale period this year.
JD.com’s interest in UK retailer Currys underscores weakness in home market China
Currys owns 21 warehouses across the UK and Ireland, and 800 leasehold stores in 8 countries.
JD.com wins antimonopoly lawsuit against rival Alibaba
Alibaba was fined 1 billion yuan ($140.68 million) for monopolistic practices.
Alibaba banks on aggressive Singles Day pricing to boost sales
The strategy points to how Alibaba is fighting back against rivals such as Douyin and PDD Holdings' Pinduoduo.
JD.com sales during China shopping festival beat expectations
It saw sales rise 6-8% over the 618 festival period that ran from late May through to Sunday evening.
