TOP OF THE CHARTS: Despite a shrinking retail market overall, China will supersede the US retail market in 2020 as the world's largest, with ecommerce up 16%, says eMarketer.
E-commerce platforms gear up for the June promotion period in hopes of rebooting the economy.
Chinese e-tailer Pinduoduo has found success with its “collective buying” shopping model, but now it needs to innovate or suffer the consequences.
Online shopping competition heats up in China with Pinduoduo and Vipshop joining JD.com and Suning as notable contenders.
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