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Insights
26-Feb-19 Pinduoduo, an e-commerce platform allowing users to participate in group buying deals, is expanding into China’s booming cross-border e-commerce business. The expansion comes as Chinese e-commerce giants are raising their globalization initiatives, to bring in more imported products. [image: Jill Shen / TechNode]
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Insights
21-Feb-19 Hong Kong authorities are preparing to issue digital banking licences to six companies including internet and gaming group Tencent, Ant Financial, the payments business of e-commerce giant Alibaba, smartphone maker Xiaomi and insurer ZhongAn. [image: Bloomberg]
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Insights
18-Feb-19 Hong Kong is transforming itself into a portal for data, finance, talent and services. And as Guangdong seeks to move up the value chain and to boost the technology sector, it has promulgated a Guangzhou-Shenzhen Technology & Innovation Corridor. [image: HKTDC]
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Insights
22-Jan-19 China’s tech boomtown of Shenzhen has eased Hong Kong out of Asia’s top five cities by economic output. The burgeoning southern metropolis booked a 2018 GDP of CNY2.4 tn (USD356 bn), representing a year-on-year surge of 7.5%. [image: Twitter]
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Insights
22-Jan-19 Cross-border e-commerce platform NetEase Kaola will open 15 brick-and-mortar stores during 2019 in a bid to keep up with the Chinese new retail boom. The latest store sells over 3,000 SKUs including cosmetics, maternal and child, luxury, electronics and sportswear. [image: NetEase Kaola]
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