Consumer Economy

Ant Group’s net profit falls 17.3% in March quarter under regulatory pressure.

Thanks to companies like DHgate and its social commerce SaaS tool MyyShop, content creators can easily monetize their social media presence.

Head of e-commerce company says consumers may seek goods in smaller volumes.

Trudy Dai, president of core domestic e-commerce, looks to quality content development and improved user experience to deepen consumer engagement.

Trudy Dai, Alibaba’s newly appointed president of core domestic e-commerce, is shifting the unit’s focus to consumer spending.

Going forward, the company must improve its operating efficiency, reduce costs, ensure a strong inflow of cash, and control its cash balance.

The merged company issued its first earnings report after going public last month.

Despite the negative press and social media sentiment, there are a few bright spots for the e-commerce giant.