Taobao, jd.com, and pdd holdings are rushing into the Hong Kong market, with free shipping services as a breakthrough point.|Going Global Insights

①Some analysts pointed out that the e-commerce penetration rate in the Hong Kong and Macao region is lower than that in the mainland, so there is still room for incremental growth. ②The landing issues of logistics in the Hong Kong and Macao market mainly involve multiple aspects such as goods transit, local logistics distribution labor costs, and network layout costs.

cls.cnNov 2 08:07 ET

jd.com is heading towards the instant retail battlefield.

Rekindle the flames of war.

wallstreetcnNov 1 09:10 ET

Alibaba's Strong Singles' Day Sales Kickoff Hints At China Consumer Rebound

BenzingaOct 31 10:56 ET

Alibaba Cloud rekindles its ambitions.

Ride the wave of AI.

wallstreetcnOct 31 10:56 ET

PDD Shares Are Trading Lower Following Reports Suggesting the EU Will Probe Temu.

BenzingaOct 30 14:01 ET

New move for Douyin takeout! The "heartwarming group" model seamlessly integrates dining in and delivery.

①The Douyin takeaway delivery business was established in 2023. ②Starting from November 1, 2024, the Douyin platform will upgrade the original "group buying delivery" business to "freedom group", and the upgraded group purchase coupons will support offline in-store and online takeaway redemption at the same time.

cls.cnOct 30 11:21 ET