One of Shenzhen’s tech giants, Tencent, made a foray into e-commerce last summer. Photo: AFP One of Shenzhen’s tech giants, Tencent, made a foray into e-commerce last summer. Photo: AFP
One of Shenzhen’s tech giants, Tencent, made a foray into e-commerce last summer. Photo: AFP
E-commerce

China’s Silicon Valley issues new policies to cultivate its own e-commerce giant, boost local online retail industry

  • While Shenzhen is home to tech giants Tencent and Huawei, the city lacks its own e-commerce champion to compete with Alibaba, JD.com and Pinduoduo
  • There are currently more than 553,000 e-commerce-related companies registered in Shenzhen, the most of any city in the country

Topic |   E-commerce
One of Shenzhen’s tech giants, Tencent, made a foray into e-commerce last summer. Photo: AFP One of Shenzhen’s tech giants, Tencent, made a foray into e-commerce last summer. Photo: AFP
One of Shenzhen’s tech giants, Tencent, made a foray into e-commerce last summer. Photo: AFP
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