Nio, an electric vehicle upstart from China, is planning to list its shares in Singapore, which will make the city-state the third base where it trades as geopolitical tensions between […]
pinduoduo
Trending topics and news from the pinduoduo category
Back to news homeNew data underscores a slowing e-commerce market
Back in 2020, Ashwin Ramasamy, a founder at PipeCandy, asked on TechCrunch if the “e-commerce shift” the world was seeing as COVID-19 shook up the global economy would last. The […]
Lightspeed China raises $920M for new funds, adds five partners
Lightspeed China Partners, the China-focused vehicle of Lightspeed Venture Partners, said Tuesday it has closed the largest fundraising rounds in its history. The new injection came under three years after […]
Black Friday data adds to evidence e-commerce growth is slowing
Since the onset of the COVID-19 pandemic, e-commerce has been on a tear. Lockdowns, a move to remote work and other impacts of COVID pushed a great number of global […]
ByteDance founder Zhang Yiming to step down as CEO by end of 2021
Zhang Yiming, the storied co-founder of ByteDance, is stepping down from his role as the CEO and passing the torch to Liang Rubo, another co-founder of the TikTok parent and […]
China gets serious about antitrust, fines Alibaba $2.75B
Chinese regulators have hit Alibaba with a record fine of 18 billion yuan (about $2.75 billion) for violating anti-monopoly rules as the country seeks to rein in the power of […]