How e-commerce and livestreaming became frenemies

By Emma Lee

Baidu’s billionaire founder Robin Li. “Home appliance queen” Dong Mingzhu, of electronics maker Gree. Luo Yonghao, the indebted online celebrity founder of smartphone maker Smartisan. China’s livestreaming industry has welcomed a flurry of high-profile…

How e-commerce and livestreaming became frenemies

By Emma Lee

Baidu’s billionaire founder Robin Li. “Home appliance queen” Dong Mingzhu, of electronics maker Gree. Luo Yonghao, the indebted online celebrity founder of smartphone maker Smartisan. China’s livestreaming industry has welcomed a flurry of high-profile…

Pinduoduo posts strong revenue but bigger loss in Q1

By Emma Lee

Chinese e-commerce company Pinduoduo posted mixed results for the first quarter of this year on Friday.

Why it matters: The fallout from the Covid-19 outbreak weighs on the Q1 performances of Chinese e-commerce platforms. Similarly, JD release…

Pinduoduo growth story needs a new chapter

By Michael Norris

Aswath Damodaran, the “dean of valuation,” says company valuation is the interplay between stories and numbers. Every number that makes up a valuation has a story behind it. Every story about a company has a number attached to it.

Tech growth stoc…