Search Results: Pinduoduo
The new lying flat? China’s Gen Z embraces ‘exquisite poverty’
Amid China's economic slowdown, Gen Z embraces "exquisite poverty," balancing luxury and thrift. OEM shopping and group buying underscore this shift. Read More
Chinese e-commerce giants Temu and Shein compete head-to-head in global expansion
Chinese fast fashion and e-commerce giants Shein and Temu continue their expansion abroad, with Shein eyeing South America for new growth opportunities. Read More
Outlet malls get new lease of life thanks to Chinese bargain-hunters
Shopping hauls? In this economy? China’s outlet malls are booming as middle-class consumers find ways to be fashionable on tighter budgets. Read More
China’s slowing economy clouds JD.com, Alibaba earnings comeback
What Happened: It’s been a big month for tech earnings in China. On August 16, JD.com reported that net revenues for the quarter ended June 30 jumped 7.6 percent to… Read More
McKinsey: Chinese consumers, brands ‘cautiously optimistic’ on tourism and spending
Chinese consumers are bargain-hunting as consumption growth slows, according to McKinsey’s latest brief. Read More
Chinese consumers spend $111 billion on 618 in 2023: All you need to know about China’s major shopping festival
Luxury and beauty brands reported stellar results during the 618 shopping festival. But the silence around platforms’ GMV figures hints at underlying consumer concerns. Read More
Bain & Co.: Premiumization, video and O2O shape China’s post-Covid shopping habits
From Douyin’s rise to greater health consciousness, here’s what brands should know about shifting Chinese consumer behavior in Q1 2023. Read More
Shein Wages Court Battle Against Rival Shopping App Temu
Shein is accusing rival ecommerce app Temu of making “false and deceptive statements” against it. Here’s a look at the battle unfolding between the e-tailers. Read More
The Brands Hopping Into The Chinaverse For Lunar New Year
China’s annual Lunar New Year season is back in full swing — and with it, brands are tapping the power of the Chinaverse to celebrate. Read More
Alibaba And JD.com Keep Double 11 Revenues Secret. The Chinese Consumer Is Clearly Changing.
Keeping quiet on the final results of Double 11, China’s biggest e-commerce giants face stiff competition and changing consumer sentiment. Read More
