E-commerce: Mr Huang Zheng, the founder of Pinduoduo, Temu’s parent company, embodies a new generation of Chinese “serial entrepreneurs”“Jack Ma has found his clone, and that is not good news for Alibaba.”The meteoric rise of the young rival Pinduoduo (PDD), led by the discreet Huang Zheng, prompted the founder of the Chinese e-commerce giant to…
10
Feb
Feb
Faced with the slowdown of the Chinese economy, consumers appear to be significantly changing their habits. Purchases aimed at displaying social status are losing ground in favor of more thoughtful consumption, focused on price, usefulness, and the feeling of getting a good deal. This shift is benefiting new players that are able to offer attractive…
Press EN, Press release, Uncategorized
In China, the Pinduoduo (Temu) group’s remarkable success is threatening Alibaba’s empire
09
Feb
Feb
A breathtaking rise for a group founded as recently as 2015 in Shanghai by the son of a factory worker who previously worked at Google. He embodies a new generation of Chinese ‘serial entrepreneurs’ for whom the world’s largest online market is no longer enough, and who are unashamedly setting out to conquer the world….
Press release
In China, the insolent success of the Pinduoduo group (Temu) threatens Alibaba’s empire
09
Feb
Feb
Huang Zheng, the founder of PDD, embodies a new generation of Chinese “serial entrepreneurs” for whom the world’s leading online marketplace is no longer enough, and who are unashamedly setting out to conquer the world. https://www.lefigaro.fr/conjoncture/en-chine-l-insolente-reussite-du-groupe-pinduoduo-temu-vient-bousculer-l-empire-d-alibaba-20240209
27
Dec
Dec
In “Dragon tactics”, Sandrine Zerbib and Aldo Spaanjaars describe what distinguishes “Chinese-style” management from Western methods. Here we learn that brainstorming is good, but not spending the whole year on it is better. The keys to Chinese management? Agility and responsiveness, valuable leadership qualities in emergency situations. Read the full interview here : https://www.lexpress.fr/economie/emploi/management/management-en-chine-on-valorise-les-capacites-dobservation-NZIXZQOTFFGDDMUQFTQPDUDNDE/
27
Dec
Dec
A gigantic and multi-faceted new location near Shanghai epitomizes the American giant’s ambition to quench China’s growing but still-nascent thirst for coffee. Translation of the report of Les Echos on Nov 7, 2023 https://www.lesechos.fr/weekend/business-story/comment-starbucks-profite-de-la-fievre-du-cafe-en-chine-2027222 https://www.lesechos.fr/weekend/business-story/comment-starbucks-profite-de-la-fievre-du-cafe-en-chine-2027222
Press release
Competing head-on with PDD and ByteDance in e-commerce, Alibaba is suffering a series of setbacks, and founder Jack Ma has just called on his ex-group to get its act together
03
Dec
Dec
While Chinese consumption is at half-mast, despité the lifting of “zero Covid” measures a year ago, Alibaba is struggling to respond to new consumers adept at lightning purchases blurring the line between shopping and entertainment. A generational shift driven by Douyin and fast-fashion champion Shein. “Douyin, like TikTok in the West, has taken the pulse…
24
Nov
Nov
If unpredictability has become the only horizon for business, the true leader is the one who doesn’t let uncertainty overwhelm him or her, and who knows how to lead, whatever the circumstances. Is this a pipe dream? Not if we’re willing to learn from our Chinese counterparts! Thanks to Dragon Tactics, you’ll understand why Chinese…
12
Nov
Nov
Under pressure from Beijing, the giant must reduce its heavy dependence on local subcontractors. While it waits for its ecosystems in India and Vietnam to perform well, it is giving pledges in its third market. Apple needs to double down on its dependence on China,” advises Sandrine Zerbib, author of Dragon Tactics (Dunod), who set…