Pinduoduo launches fashion mini program on Wechat

By Emma Lee

Pinduoduo has rolled out a Wechat-based mini program that focuses on creating an online fashion shopping community for China’s younger consumers.

Why it matters: The new mini program is Pinduoduo’s latest move to increase user en…

Bytedance applies for financial licenses in Hong Kong

By Eliza Gkritsi

Amid escalations in the tech war, Bytedance has applied for five financial licenses in Hong Kong through its local subsidiary.

Why it matters: If approved, the licenses would allow Bytedance to sell securities and futures, trade foreign currency, a…

Colin Huang exits Pinduoduo board

By Emma Lee

Pinduoduo founder Colin Huang left the company’s board of directors on August 3, one month after he abdicated the position of CEO to focus on the e-commerce giant’s long-term strategies.

Why it matters: Coming on the heels of last month’s leadership…