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Chinese e-commerce powerhouse, PDD Holdings, recently experienced a significant drop in first-quarter profits along with revenues falling short of projections. This is largely attributed to a sluggish economy dampening demand for their domestic operations.…
In a notable development, gasoline prices in Vietnam saw a significant drop ranging from 6.47% to 18.8% late on Thursday. The widely used RON95 fuel recorded the highest decrease of 18.8%, reducing its price from Wednesday to VND24,330 (equivalent to US$0.92)…
As the beauty industry becomes more competitive, leading South Korean beauty brands are transforming their stores into immersive spaces. These spaces offer customers an opportunity to trial products and gain a deeper understanding of the brand’s ethos. Space…
In its annual Google I/O livestream, Google has just announced a bunch of improvements it is bringing to the search platform (and others), aimed towards improving the experience of both merchants and customers when it comes to shopping online. Google…
Double-day events—dates like 6/6, 9/9, and 11/11—have historically served as prime opportunities for online retailers, marked by aggressive promotions and a flurry of sales. However, growing indications of diminishing returns, especially among Gen Z, are…
Huawei India plans to open 1000 experience stores across the country by 2020. The first 100 such stores are already in planning or construction in partnership with the brand’s retail partners, offering consumers the chance to try out its flagship handsets.…
Taobao.com, founded by Alibaba in 2003, has become the single most popular e-retailer in China with 423 million active registered shoppers by the end of March 2016. The figure has also far surpassed American e-commerce giants Amazon and eBay. Taobao has not…
