Consumer Economy

Originally a baby and mom e-commerce platform, Orami now offers various services to help parents who are raising young children.

Multiple e-commerce companies met government officials to discuss smooth delivery of essential items.

Offline businesses are losing out as the country is in 21-day lockdown.

The State Post Bureau expects the volume of express delivery to rise in 2020 despite the pandemic outbreak fallout.

Pinduoduo is currently mired in heavy financial losses.

This follows MatchMove’s recent announcement to bid for a digital full bank license in .

This move comes after the firm’s net income in the fourth quarter of last year decreased by 42.9% year-on-year.

Forrester projects the e-retailers to grow by 5% this year in the best-case scenario, as compared to about 26% growth they enjoyed last year.