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November 22, 2019
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Pinduoduo Inc

CNBC Business

For China’s online shopping giants, delivery is a new battleground

CNBC
Getting products to customers in less densely populated parts of China can increase costs for companies like Alibaba, JD.com and Pinduoduo. Source link: Click here for more
CNBC Business

Alibaba breaks Singles Day record of more than $30 billion in sales and climbing

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Chinese e-commerce giant Alibaba set a new sales record on Singles Day, the world’s largest 24-hour shopping event. Source link: Click here for more
CNBC Business

Alibaba founder Jack Ma tops Forbes China Rich List for second year running

CNBC
Despite the U.S.-China trade war and slowing growth in the world’s second largest economy, the total wealth of those listed on the 2019 Forbes China Rich List rose. Source link: Click here for more
CNBC Business

China’s giant middle class is still growing and companies want in

CNBC
Walmart has three Sam’s Clubs in Beijing, including this one in Daxing District. The company plans to open five more in the capital city. Evelyn Cheng | CNBC BEIJING — Some are trying to create characters as memorable as Mickey Mouse. Others are launching lessons on how to cook steak....

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