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
20-Feb-19 Korea-based beauty company Amorepacific has entered into a global strategic partnership with health and beauty giant AS Watson, with wide offline and online distribution in Asia and Europe. AS Watson has 14,900 stores under 12 brands in 25 markets. [image: Watson]
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Insights
01-Feb-19 Indonesian ride-hailing company Go-Jek has now raised more than USD1 bn with the close of its Series F funding round. Investors included tech giants Google and Tencent as well as Chinese e-commerce player JD.com and Japan's Mitsubishi Corp. [image: afif c. kusuma / iStock Editorial / Getty Image]
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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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Insights
14-Jan-19 Despite the economic slowdown, Chinese tourists did not reduce their foreign travel in 2018, making 140 mn trips abroad, up 13% from 129 mn in 2017. At the same time, domestic tourism within China also increased steadily at 11%. [image: Tourism Review]
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