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China set to be first country where e-commerce sales outstrip bricks-and-mortar retail in 2021 Some 52.1 per cent of China’s overall retail sales are expected to come from e-commerce transactions this year, according to research firm eMarketer The pandemic boosted online sales that were already growing at a steady clip thanks to the rapid digitalisation of traditional trade-in China, experts say

Advertisement U.S. Trade Representative Names 5 Chinese Online Markets in 2020 Review of Notorious Markets for Counterfeiting and Piracy Wednesday, January 20, 2021 The United States Trade Representative (USTR) released their annual Review of Notorious Markets for Counterfeiting and Piracy for 2020 on January 14, 2021 and included five mainland Chinese online markets in the online market section of the list.  Markets on the list are reported to engage in or facilitate substantial trademark counterfeiting and copyright piracy.  There is no penalty for being listed but the list ha...

Pinduoduo confirmed the deaths of two young workers recently, sparking debate over a culture of overworking in China’s tech companies. A ‘996’ work schedule of 12 hours a day, six days a week has become an unwritten standard for many of the country’s tech firms. — The dark side of working for China’s booming technology industry is under the spotlight again amid public criticism of social commerce giant Pinduoduo in the wake of two employee deaths, with many fearing the infamous 996 culture has become worse and not better due to pressure from the pandemic. Pinduoduo, a rapidly exp...

TikTok sister app Douyin launches payment service, picks up deal for Spring Festival Gala ByteDance-owned Douyin is said to have replaced Pinduoduo as the exclusive ‘virtual red packet’ partner of CCTV for this year’s Spring Festival Gala broadcast The new Douyin Pay mobile payment service thrusts ByteDance as a major competitor to Ant Group’s Alipay and Tencent’s WeChat Pay

HONG KONG (AP) — E-commerce workers who kept China fed during the coronavirus pandemic,...