Chief executive Daniel Zhang says new rivals and slowing consumption in China were the primary causes for the e-commerce giant's results
Social e-commerce app Xiaohongshu – 'Little Red Book' – says it has raised new funding from existing shareholders who increased their stakes in the firm
Regulator asks why accused should not face $1.35bn fine for foreign investment violations
Burgeoning e-commerce group became Brazil's most-downloaded shopping app, luring customers via in-app mini-games that offer coupons to winners
Fintech and e-commerce companies are raising billions in capital as global investors bet on tech companies seen as prospering once the pandemic eases
Pinduoduo pledged $1.5 billion of future profits to needy farmers in a gesture that follows President Xi Jinping's call for a fairer distribution of wealth in the country.
Indonesians excited by the country's first tech 'unicorn'; Investors now eyeing GoTo listing after Gojek-Tokopedia merger
(AF) E-commerce delivery company Ninja Van is considering an IPO as Southeast Asia’s 400 million internet users boost its business...
• Country’s first tech unicorn valued at about $6 billion • Microsoft and GIC are among the firm’s backers ...