TikTok Shop GMV in 2024 surpassed US$30 billion
TikTok Shop’s global GMV reached about US$32.6 billion, according to numbers tabulated by video commerce data analytics firm Tabcut.com. The US became the biggest...
E106 – The Impulso Podcast – Behind Chinese youth’s love for...
What makes capybaras so irresistibly popular amongst Chinese youth? From their zen-like calm to their unbothered personalities, these gentle rodents have become internet sensations.
Tune...
E105 – The Impulso Podcast – Collapse of a Chinese EV...
Baidu backed Ji Yue Auto, an EV manufacturer, found itself in deep trouble after failing to pay its employees’ social security. One of Jiyue’s...
E104 – The Impulso Podcast – 11.11 Singles’ Day: the backstory
Originally dubbed Singles Day by 4 university students, 11.11 has transformed into one of the world’s largest shopping festivals.
In 2009, Alibaba launched the first...
Our thoughts on Vietnam suspending Temu’s operations
This article was originally published in Chinese on Momentum Works’s Wechat platform, translated into English by Phyllis Pe from the MW team.
Last Thursday, the...
Meituan to launch quick commerce in Saudi Arabia after Keeta food...
Meituan, China’s largest food delivery and quick commerce platform, entered Saudi Arabia through its overseas brand Keeta in September this year.
Back then, we were...
A Chinese EV manufacturer’s deep trouble, livestreamed
Ji Yue Auto, a joint venture by tech giant Baidu and auto manufacturer Geely, seems to be in deep trouble.
Over the last 24 hours,...
What 11.11 Singles’ Day sales no longer say about China’s economy
This commentary first appeared on ChannelNewsAsia (CNA). Republished here with permission. You can access the other commentaries from Jianggan Li on CNA as well.
On Nov 12, 2020,...
E103 – The Impulso Podcast – Behind the Labubu craze: PopMart...
What is Labubu? Why are Pop Mart's blind boxes so addictive? From the thrill of unboxing to the cultural phenomenon of "ugly cute" characters,...
Luckin Coffee enters Malaysia with an unconventional partner
This article was originally published in Chinese on Momentum Works’s Wechat platform, translated into English by Phyllis Pe from the MW team.
In July, rumors...
