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Xiaohongshu will launch live-streaming features early next year, Singapore’s Shopee has become the most visited across Southeast Asia

  • Alibaba, JD.com, Pinduoduo help revive sales of farm goods from Hubei after coronavirus lockdown
    by Jane Zhang on April 3, 2020 at 10:45 am

    China’s biggest e-commerce services providers, Alibaba Group Holding, JD.com and Pinduoduo, are pushing separate initiatives to help revive sales of farm goods from Hubei, as the province hardest hit by the coronavirus crisis emerges from its months-long lockdown.“Hubei has made great sacrifices and contributions to the fight against the epidemic nationwide,” said Hou Yi, a vice-president at Alibaba and chief executive of its supermarket chain Freshippo, in a statement on Wednesday. “We will…

  • Alibaba’s Lazada briefly stops new grocery orders in Singapore
    by Bloomberg on April 2, 2020 at 1:25 pm

    Singapore’s government urged residents to consider ordering their groceries online rather than going to the shops. That just became tougher.Alibaba Group Holding’s Lazada Group, Southeast Asia’s leading e-commerce services provider, is temporarily suspending new grocery orders in Singapore after strict physical distancing measures and rising coronavirus cases triggered a surge in orders. Alibaba is the parent company of the South China Morning Post.RedMart, Lazada’s online grocer unit, will not…

  • China’s mobile payments to see rebound as offline vendors reopen after coronavirus lockdowns
    by Celia Chen on April 1, 2020 at 10:00 pm

    Home quarantine policies to curb the spread of Covid-19 in China have been a boon for most digital services, including remote work apps, e-learning and mobile gaming, but one online technology has not fared so well: mobile payments.The problem started during Chinese Lunar New Year holiday in January, when most Chinese stayed at home after coronavirus lockdowns were imposed across the country. That hit mobile payments hard because shopping malls, stores and restaurants – which account for the…

  • Pinduoduo raises US$1.1 billion in private placement to fund new services such as live-streaming
    by Che Pan on March 31, 2020 at 9:58 am

    Chinese e-commerce platform Pinduoduo has raised US$1.1 billion in a private share placement that could fund its expansion despite current market volatility, the company announced on Tuesday.The transaction for the newly issued Class A ordinary shares, which represent about 2.8 per cent of the company’s total outstanding shares, is expected to be closed with “certain long-term investors” in early April, it added in a press release, without naming the investors.The announcement comes at a time…

  • Local governments in China issue free digital coupons to stimulate consumption amid coronavirus pandemic
    by Jane Zhang on March 30, 2020 at 9:00 am

    Local governments in China are distributing free digital coupons on mobile payment platforms like Alipay and WeChat Pay to help stimulate domestic consumption as the coronavirus pandemic hammers the world’s second-largest economy.On Sunday, Jiaxing city in Zhengjiang province, announced that it would issue 200 million yuan (US$28.2 million) worth of digital consumer coupons to the public, of which 150 million yuan could be redeemed through WeChat Pay, operated by internet giant Tencent Holdings…

  • Pinduoduo to help New York’s Met Museum and others turn to live streaming and online gift sales
    by Yujie Xue on March 30, 2020 at 4:11 am

    As the coronavirus pandemic continues to ricochet around the world, closing cities and slamming entire sectors of the economy, museums are turning to live streaming in an effort reach the public and avoid losses.China’s third-largest e-commerce player Pinduoduo said it is working with New York’s Metropolitan Museum of Art and six other Chinese museums on live streaming exhibits, developing virtual tours and promoting gift shop merchandise to consumers in China.“Users can see the history and…

  • China’s mental health counsellors reach out online to help those affected by coronavirus pandemic
    by Coco Feng on March 29, 2020 at 10:30 pm

    Three days after Chinese authorities ordered the Wuhan lockdown in late January, Shanghai-based psychological adviser KnowYourself made its online consultation service free for Covid-19 patients, medical workers and people suffering mental problems amid the unfolding health crisis.The company brought together a team of over 100 professionals and trained volunteers to scan messages sent in by people in need, offering them text-based psychological counselling as well as the option of support via…

  • Alibaba’s Taobao launches platform to help factories digitalise their operations in China
    by Jane Zhang on March 26, 2020 at 9:30 am

    Taobao, the e-commerce marketplace owned by Alibaba Group Holding, has launched a new initiative to help drive the digital transformation of traditional factories in China using its consumer-to-manufacturer (C2M) system.The platform will enable companies to better manage raw materials and product inventories based on precise consumer distribution, preferences and behavioural data, Taobao said in a statement on Thursday.“Stepping up our made-to-order strategy is an ongoing Taobao initiative to…

  • Life and work will never be the same in China as the country attempts a post-virus tech restart
    by Iris Deng,Tracy Qu,Che Pan on March 25, 2020 at 12:00 pm

    With the coronavirus outbreak crippling normal life in China, technology has rushed to the fore on many fronts as literally a lifesaver: robots in hospitals, health code apps, online education and remote working all played crucial roles in keeping the country operational with most of the population trapped in self-isolation.But as the devastating outbreak starts to ease within China and life gradually returns to normal, many are asking whether the pandemic will leave a permanent mark on the way…

  • Online game players were top target for scammers during China’s coronavirus lockdown
    by Celia Chen on March 25, 2020 at 5:09 am

    China’s gamers were the largest group of victims amid a spike in internet scams during the country’s coronavirus outbreak as millions of quarantined people turned to online games to alleviate boredom.Liewang Platform, a website where Chinese internet users can report online fraud cases, found that scammers were out in force during the outbreak, which has so far sickened more than 81,000 in China and resulted in almost 3,300 local deaths.Fraud cases tracked by the platform soared 47 per cent…

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