China's grocery e-commerce was one of the business segments that saw strong demand during the Covid-19 outbreak. I will be exploring why grocery e-commerce is so exceedingly popular in China, how the landscape has evolved and what are the challenges in this industry.
Alibaba Group announced their financial results for 2Q21 on 5 November 2020. After looking through their financial reports, here are some of the key points.
Ant Group was orignally scheduled to go public on 5th November 2020 but it has announced its suspension. Here are the implications.