Consumer Economy

Xiaomi continued to be the number one player, with about 29% market share, followed by Samsung and Vivo.

Shangjia Xiaochengxu aims to help the retail sector to upgrade digitally and seek additional revenue growth.

Fanslink plans to expand to Indonesia, Vietnam, and the Philippines.

Startupbootcamp, which already operates Dubai’s Smart City Accelerator and Qatar’s SportTech Accelerator, establishes headquarters in Dubai.

According to a Nielsen report, 43% of offline sellers said the main reason for merchants to participate in an online sale event is a prospect to revive their businesses.

This share sale comes at a time when online healthcare consultation services have played a key role in alleviating the coronavirus crisis.

Offering a more humane and entertaining way of online shopping, livestreaming is becoming a thorn in the side of Chinese e-commerce giants.

The merger comes amid competition in community group-buying sector.