Spring Festival, or Chinese New Year, is right around the corner. As the biggest holiday season in China, it has always been one of the biggest consumption periods for many industries. But this year’s Spring Festival, which will begin Feb. 11, is going to be a little different, as millions of...

Chinese consumers have developed a burgeoning appetite for high-quality foreign products. Given the size of the country’s consumer base, it’s no surprise that China is seen as an essential market for many foreign brands. Foreign brands have faced massive pressure from the global Covid-19...

Autonomous retail took off during the Covid-19 pandemic. Now that the virus is largely contained, it’s only getting bigger. We use the term “autonomous retail” for the labor-light, technology-heavy retail segment that encompasses unstaffed stores, vending machines and unstaffed shelves....

What does a global pandemic mean for the future of work? In the short term, people have had to bring their jobs home, adopt new digital tools, and balance work and child care in new ways. But will these changes last? Will they make any long-term difference to office work in China tech—notorious...

Like most students in China, I had a very long winter vacation. My university shut down completely at the end of January, when Covid-19 lockdowns began, and students were forbidden to return to campus for months.China has been extra careful about school re-opening. With a massive number of...

In China’s competitive e-commerce industry, group buying is becoming increasingly popular—and more diversified.E-commerce giant Pinduoduo was built on group purchases. The company offered low prices to “teams” of online buyers, encouraging consumers to recruit friends and family to...

If you’ve read TechNode for any length of time, you’d know that Tencent, one of the world’s ten largest companies, has a massive video game empire. It owns stakes in the following game publishers and developers:100% of Riot Games100% of Sharkmob84% of Supercell80% of Grinding Gear...

We have all dreamt about e-commerce saving the traditional retail business, turning an asset-heavy industry reliant on expensive square meters and armies of ground sales staff into light online front stores managed by a few tech-savvy marketers. Well, it happened, and e-commerce has become...

In 2020, livestreaming has shown unprecedented vitality. Various livestreaming platforms are maturing, becoming more mainstream and the epidemic has led to the growth of online work, entertainment, and consumption.Livestreaming e-commerce is growing every day. There’s a current trend for...

As China’s economy is experiencing a big hit from the coronavirus pandemic, internet giants like Tencent are looking into lower-tier markets for new growth opportunities. In 2025, physical goods in lower-tier markets will account for 45% of total online retail sales in China, or some RMB 8.1...