News
Pinduoduo exceeds JD.com on market cap, lagging behind Alibaba, Tencent and Meituan
It still takes time for Pinduoduo to prove its value to investors as it is still unprofitable.
1 min read
E-commerce
Analysts are positive on the e-commerce player’s IPO and dual listing plans.
Indian commerce ministry is investigating online marketplaces Flipkart and Amazon India for alleged predatory pricing.
More than 200,000 brands will be taking part in the shopping extravaganza and over 1 million new products will be on sale.
Delishop.Asia will utilize the funds to improve its web portal, develop its mobile apps and broaden its delivery fleet.
The company has turned profitable in the first half of this year.
A few months ago, TikTok rolled out in-app shopping advertisements in the US.
The platform now wants to reframe itself as a marketplace for branded merchandise.
India’s FDI policy bars online marketplaces from offering deep discounts and forging exclusive deals with brands.