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Truegenics CEO Alvin Huang attributes the firm’s success to a combination of astute marketing and, believe it or not, 50-minute infomercials.
Truegenics CEO Alvin Huang attributes the firm’s success to a combination of astute marketing and, believe it or not, 50-minute infomercials.
The firm reported total losses of US$2.7 billion, up 18% year on year.
The country’s Ministry of Trade has proposed regulations to separate TikTok’s social media and ecommerce operations.
The country’s Ministry of Trade has proposed regulations to separate TikTok’s social media and ecommerce operations.
Failure to comply could lead to TikTok Shop’s closure in Indonesia, its largest Southeast Asian market.
If discussions push through, the round would value the Indian fruit marketplace at close to US$250 million.
Xiaohongshu, a Chinese social commerce app, is often likened to a mix of Instagram and Pinterest.
Xiaohongshu, a Chinese social commerce app, is often likened to a mix of Instagram and Pinterest.
According to the filing, Cainiao generated US$10.7 billion in revenue in FY 2023, up 16.4% compared to the same year-ago period.
