Higher sales and marketing expenses for Pinduoduo in the third quarter marked increased competition with larger e-commerce players Alibaba and JD.com in China.

Innovative twists to the shopping experience, augmented by cutting-edge technology and big data analysis, are transforming the traditional retail space into what some consultants call “experiential” shopping.

Singles’ Day is an ecommerce extravaganza that’s far bigger than Black Friday, but it generates millions of tons of packaging waste

Data disclosed by both companies have shown that Pinduoduo is now China’s second-largest e-commerce platform by annual active users.

Shanghai-based e-commerce firm plans a range of services that will ensure faster and more efficient product deliveries.

Shanghai-based company posts 169 per cent increase in revenue, while narrowing losses in the second quarter.

The 618 shopping festival in June and the bigger annual Singles’ Day retail extravaganza in November serve as a barometer of consumer spending and retail health in the world’s second largest economy.

Forced exclusivity where merchants and customers have to pick sides will hurt industry in the long run, says Pinduoduo founder.

Alibaba, JD.com, Pinduoduo and Vipshop pursue expansion outside China’s leading metropolises.

The Shanghai-based e-commerce company posted a 2.4 billion yuan net loss in the December quarter, compared with a small profit a year earlier.

Duan Yongping is the founder and chairman of BBK Electronics Corp, the company behind smartphone brands Oppo, Vivo, OnePlus and Realme.