Mogujie
Will Luxury Resale Take Off in China? It’s Complicated.
Before the pandemic there were hopes that young Chinese consumers were finally warming to the idea of luxury resale after cultural taboos about secondhand clothes abated. But with post-virus safety concerns now front of mind the market has hit another impasse.
Will Luxury Resale Take Off in China? It’s Complicated.
Before the pandemic there were hopes that young Chinese consumers were finally warming to the idea of luxury resale after cultural taboos about secondhand clothes abated. But with post-virus safety concerns now front of mind the market has hit another impasse.
Tencent-Backed Retailer Mogu Drops in Trading Debut
The Chinese company’s American depositary shares opened at $12 in trading in New York Thursday, well below the $14 IPO price.
Chinese E-Commerce Platform Mogu Takes Gamble With IPO
With tech stocks falling and a fiercely competitive e-commerce marketplace at home, Mogu is choosing to list at a precarious time.
Tencent-Backed Women’s Fashion Site Merging With Chinese Rival
China’s Meilishuo.com, a fashion retailer backed by Tencent Holdings Ltd., is merging with rival Mogujie.com, marking the latest alliance in the country’s e-commerce industry.