PDD Rockets to New Heights with Stellar 2023 Performance
PDD Holdings reports staggering 2023 results, with revenue doubling to $35 billion.…
GoTo Group Achieves Adjusted Profitability in Q4, Announces $200M Share Buyback
GoTo Group reports Q4 adjusted EBITDA profit of US$4.9M. The company attributes…
Asian Tech Giants Face Increased Regulatory Scrutiny
Asian tech giants face increased regulatory scrutiny due to shifting political and…
US-Based Amazon Sellers Eager to Embrace Temu’s Expansion
Temu, a Chinese e-commerce platform, is expanding to US and European sellers.…
Zalora’s New Identity: From Fashion Marketplace to E-commerce Enabler
Zalora expands services to become an e-commerce enabler. Zalora leverages its operational…
Pomelo Fashion Achieves 34% Revenue Growth in 2022 Amid Challenges
Pomelo Fashion's revenue grew 34% to $38 million in 2022. The company…
JD.com Posts Revenue Growth, Announces Share Buyback Plan
JD.com reports revenue growth but sees Q4 profitability dip due to unallocated…
Alibaba Doubles Down on AI with $600 Million Investment in MiniMax
Alibaba leads a $600 million funding round for social AI startup MiniMax.…
Razor Group and Perch Merge, Secure $100M Funding Amidst E-commerce Aggregator Consolidation
Razor Group and Perch merge, securing over $100 million in funding. The…
The Rise of Shopping Influencers on TikTok
TikTok nurtures influencers for sales through TikTok Shop. Mirroring Douyin's success, it…
