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CIIE 2020: US$72+ Billions worth of deals signed

CIIE 2020: US$72+ Billions worth of deals signed

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,…

Pinduoduo is helping the agricultural industry thrive
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Pinduoduo is helping the agricultural industry thrive

What is Pinduoduo? Pinduoduo (拼多多) is the largest interactive e-commerce platform in China and in the world. It is the third-largest online marketplace behind Alibaba and JD.com in China. It has pioneered several new trends that have revolutionized online shopping in China including: social e-commerce team purchase consumer-to-manufacturer (C2M) Founded in 2015, Pinduoduo has become…

Can Bytedance Surpass BAT (Baidu, Alibaba, Tencent)?

Can Bytedance Surpass BAT (Baidu, Alibaba, Tencent)?

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…

Alibaba paid $2 Billion in cash to acquire NetEase Inc

Alibaba paid $2 Billion in cash to acquire NetEase Inc

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….

Understand the Face in Chinese professional life

Understand the Face in Chinese professional life

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…

Consumption keeps growing in China, pushed by online retail sales

Consumption keeps growing in China, pushed by online retail sales

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,…

How to make Chinese customers trust your business?

How to make Chinese customers trust your business?

More and more foreign companies and international businesses start to look on the Chinese marketing potential since the population here is growing as incredibly fast as it’s income. Additionally to still lack of the high quality products and services it makes local market extremely opened for the new comers. However, even such well-known Western brands…