An advertisement for the Singles’ Day shopping event. Photo: Bloomberg
An advertisement for the Singles’ Day shopping event. Photo: Bloomberg
E-commerce

China’s e-commerce market is changing as big players such as Alibaba adjust to thrifty consumers amid leaner times

  • Discount retailer Pinduoduo posts biggest industry growth in third quarter, driven by focus on daily essentials
  • Chinese e-commerce players are focusing on price amid leaner economic times and delivery disruption due to lockdowns

An advertisement for the Singles’ Day shopping event. Photo: Bloomberg
An advertisement for the Singles’ Day shopping event. Photo: Bloomberg
READ FULL ARTICLE