China Business

Pinduoduo can be considered one of the biggest in the incredible Chinese digital world. During the last years, all relevant big tech Giants introduced their own payment method. This year was the turn of the innovative Pinduoduo. After Alibaba, Tencent, JD.com, Didi, Toutiao, Meituan, Baidu, Xiaomi (and not only), in early December 2020, Pinduoduo finally…

The realm of eCommerce has reached a point of change. It seems that this online space won’t be a monarchy anymore… the tech giant Alibaba is under attack.  The king of the realm, Alibaba’s e-commerce platform Tmall, which occupies 50% of the market, has in fact been targeted by the government. On December 24, China…

Starting up a franchise business is one of the best ways to make money in China. While it may seem like an intimidating task, there are many effective steps that can be taken to ensure success. Read on this guide on how to develop your own franchise in China! In this article, we are going…

According to a TechNode report, Baidu is nearing a deal to acquire Joyy’s Chinese operations for a deal worth US$3 billion to US$4 billion. Its overseas business will maintain independence. Baidu and YY did not respond to this news, at the time of writing. After this report, YY’s stock price surged to as much as…

From 5thto 10th November 2020 it was held in Shanghai the third edition of CIIE, The China International Import Export. What is CIIE and why is it so important? It is the first exhibition in China that is dedicated only to importations of products and services that boosts the presence of foreigner exhibitors. The initiative,…

Bytedance company overview Bytedance (字节跳动) is a Chinese internet technology company headquartered in Beijing. It was founded by Zhang Yiming in 2012. ByteDance claims to be “one of the first companies to launch machine learning-based mobile products, to combine the potential of artificial intelligence with the growth of the internet for mobile devices and revolutionize…

China is a growing society, and changes are coming at a rapid pace every time. A district, for example, may become very different from one year to another. Under this high rhythm in daily life, more and more Chinese people are nowadays feeling the pressure. In addition, the development of the country indeed improves the…

The Chinese tech giant Alibaba Group paid about $2bn for NetEase’s cross-border online shopping platform. Launched in 2015, NetEase Kaola opened its first brick-and-mortar flagship store in Hangzhou in January. The Chinese eCommerce platform carries more than 9,000 brands from 80 countries including apparel, maternity and infant care, household appliances, personal care, and other products….

You might already know what is the Face concept in China. In case your relations with your Chinese business partners were limited to business trips, this article offers complementary details about the manifestations and impacts of the Face in China, in case you have to might daily with Chinese in your professional life. This understanding…

According to the national bureau of statistics in China in 2016 sales online reached 701 billion in 2016. China is the biggest e-commerce market in the world. Indeed, the online eco-system appears as the top one in the world. This phenomenon stems from the fact that Chinese people are very connected.  We can count 900…

The household consumption in China is still in progress: it has increased by 9.7% in the first two months of 2018. Since the American consumption expenditure growth just by 2.4% in February, the consumption on the Chinese market approaches one more time 10%. According to the results of the National Bureau of Statistics of China,…