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Alibaba, Xiaohongshu tout sales growth in China's midyear e-commerce festival
South China Morning Post via Yahoo Finance· 4 hours agoAlibaba Group Holding said it is seeing "encouraging" user engagement and merchant growth during the 618 midyear online shopping festival, as rival Xiaohongshu, China's answer ...
PDD Holdings' Colin Huang and ByteDance's Zhang Yiming top China's tech rich list
South China Morning Post via Yahoo Finance· 2 days agoHuang, whose wealth is largely derived from the popularity of budget e-commerce platforms Pinduoduo...
Why are China’s consumers spending less?
Just Auto via Yahoo Finance· 23 hours agoElectricals also suffered in 2023, dropping 3.9% compared to 2022. Meanwhile, health and...The slowing of economic growth has enabled discount retailers...
China's discount wars risk cementing frugal consumer mindset By Reuters
Investing.com· 4 days agoFrom coffee to cars to clothes, China's discount retailers have cut prices on just about everything...
Billionaire David Tepper Just Made a Once-in-a-Generation Bet on This Stock. Time to Buy? | The...
The Motley Fool· 2 days agoDavid Tepper has never been averse to making big bets. Tepper's net worth of $20.6 billion landed...
996 debate reignited after videos glorifying overwork surface
BGR via Yahoo News· 2 days agoBy Amanda Kavanagh A top public relations executive for Baidu, China’s dominant search engine, has...
PARUS FINANCE UK Ltd Purchases Shares of 8,414 PDD Holdings Inc. (NASDAQ:PDD)
ETF DAILY NEWS· 8 hours agoPARUS FINANCE UK Ltd purchased a new stake in shares of PDD Holdings Inc. (NASDAQ:PDD – Free Report) during the fourth quarter, HoldingsChannel reports. The fund purchased 8,414 shares of the ...
Alibaba’s New E-Commerce Strategy Faces Tough Competition
The Wall Street Journal· 4 days agoAlibaba’s strategic shift to prioritize long-term growth over substantial near-term profits is...
OLD Mission Capital LLC Makes New Investment in PDD Holdings Inc. (NASDAQ:PDD)
ETF DAILY NEWS· 6 hours ago(NASDAQ:PDD – Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 58,969 shares of ...
Kantar: AI pivot helps fuel brand value growth following down year
Marketing Dive via Yahoo Finance· 3 days agoNewcomers and re-entrants to the BrandZ top 100 included Lululemon, Corona and China-based Pinduoduo...