Alipay introduced the mini-program feature a year ago and has committed a substantial amount of resources to building out an ecosystem. Recently, Ant Financial company announced that it will fully integrate Alipay’s mini-program feature with Chinese social media platform Sina Weibo. Merchants on the Alipay mini-program platform will benefit from...
Archive:
September 2019
In a previous article, we explained that China’s New Retail is a way to increase revenue and decrease cost in offline retail locations. This is to stave off the type of malaise physical retail has experienced in other markets. Due to popular demand, we’ve prepared a list of New Retail...
$200 may sound like a lot to pay for a whitening serum by Korean beauty brand Sulwhasoo. But for Beijing based Yiyang Li, it’s worth the price. The average Chinese Female Middle Class Consumer uses 14 beauty products for their skin, hands and face, according to L'Oréal experts we have...
Alibaba Group has acquired Kaola from Netease for $2 billion. Tmall Global and Kaola are China’s largest and second-largest cross-border e-commerce platforms, respectively, holding 31.7% and 24.5% of the market. These two businesses together will dwarf rivals like JD Worldwide, VIP International and Amazon China. The move has the potential...
On Monday Chinese microblogging platform Weibo launched a new lifestyle platform, Oasis. It combines social media and forum functionalities. The launch of the new app may help microblogging platform Weibo fend off competition from Xiaohongshu, also known as RED. The app is a hybrid of Instagram and Xiaohongshu in layout...
A new app called Zao went viral in China this weekend for its realistic face-swapping videos. But after controversy about its user policy, WeChat restricted access to the app on its messaging platform. Where have we heard this story before? It is the umpteenth time WeChat has blocked a popular...