Consumer Economy

Products such as fresh food that were previously sold overwhelmingly offline have seen huge rise in online orders during the health crisis.

The country now has six unicorn companies, where three of them are in the e-commerce sector.

Companies must put in place measures to prevent group infections.

Shopee and Tokopedia have advertising solutions which are becoming popular among their sellers and other platforms are expected to follow this year.

As customer fears about the coronavirus cast a shadow over China’s food delivery industry, several companies have announced robot-delivery related services.

The move is one of many by companies to help people minimize personal contact during the coronavirus.

With the new funds, the company wants to generate profits next year.

The company booked slightly more than RMB 100 million in profits.