Peter Pernot-Day, head of strategy at the Asian giant, argues the company is committed to ‘transparency,’ despite the fact that it does not make its business figures public and is under scrutiny for its supply chain
The ongoing legal conflict between the Chinese e-commerce companies continues to intensify, with a new lawsuit accusing the PDD Holdings firm of trade secret theft
The researcher analyzes the impact of regulation on the Chinese tech industry, which operates with a different system due to the relationships between the government, companies and public opinion
The bill will introduce stringent measures, including banning advertising for the most inexpensive textiles and imposing an environmental levy on these low-cost products
Factories act as merchants and ship their products to Temu warehouses in China, which are then delivered directly to consumers in the U.S. and other countries
These new online retail apps have been fast-tracking their way with all kinds of promotions and big discounts, basing their strategy on significant incentives to buy
The new Chinese giant is already positioned as the most downloaded app in several countries, with the firm already expecting global sales worth $13 billion annually. Users are torn between doubts and the low prices