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Articles by 吴彤
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Alibaba to Focus, Hema Has No More Room for 'Trial and Error'
On March 18, Alibaba Group announced in an internal letter that Hema founder and CEO Hou Yi officially retired at age 60 and will serve as Hema's chief honorary advisor. This marks Hou's exit from Hema's decision-making center at the threshold of its tenth year since its founding in 2015.
吴彤Taobao Grocery Re-energizes, Meituan and Pinduoduo Fight for Every Inch: Community Group Buying Escalates
The community group buying sector is heating up again as Alibaba and JD.com re-enter the fray, challenging the dominance of Pinduoduo's Duoduo Maicai and Meituan Youxuan. Taobao Grocery is expanding in East China, including Shanghai, while JD has rebranded Jingxi Pinpin as JD Pinpin, signaling a new round of competition focused on supply chain optimization and profitability.
吴彤