Consumer Economy

The search engine allocates USD 30 million for a minority stake in one of Youzan’s subsidiaries.

The portal also accepts payments for other public services.

Pinduoduo’s answer to Chinese Valentine’s day is the so-called “Xixi Festival”.

Outlet in Beijing marks company’s ambition in building an ecosytem for luxury sector.

Local tech firm VNG reduces its ownership in Tiki from roughly 29% to 24%, while JD holds about 26%.

Currently, only in Malaysia, the company plans to enter the Indonesian market in the future

The capital will be used to fuel its expansion across the region.

Its app was hosting information about illegal substances and unlicensed beauty treatments.