China


Pinduoduo and The Rise of Social E-Commerce

Across the globe, as the novel coronavirus moves us from communal spaces into the confinement of our homes, our social experiences are forced to adapt. Beyond the social networks we already know and use, we are finding new ways to integrate social into our online lives. At Y Combinator, we are considering what this might mean for the future of e-commerce. For several years, we have had our eye on Pinduoduo as an interesting case study. But now, as China is recovering from the impact of COVID-19, Pinduoduo and their social-shopping approach is even better poised to fully capture the offline-to-online transition in commerce. The success of Pinduoduo in China suggests there is a huge opportunity for social commerce platforms to emerge in other regions.

An update on YC China

In the summer of 2018, Qi Lu joined Y Combinator to help create YC China, a localized version of our U.S. program. As we worked to establish YC…

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Cindy Mi and Qi Lu Share Advice for Entrepreneurs Building Global Companies

Cindy Mi is the founder and CEO of VIPKID. VIPKID is a 1-on-1 teaching platform where children in China learn english from North American teachers. Qi Lu is the CEO of YC China and Head of YC Research.

YC China + Qi Lu

I am delighted to announce that Qi Lu is joining YC to launch and run YC China. We are excited for Qi to come onboard as the Founding CEO of YC China and to build a long-term local organization that will combine the best of Silicon Valley and China and create a lot of innovation.

Announcing Startup School Beijing

Y Combinator is heading to China for the first time with a live Startup School conference on May 19, 2018 at Tsinghua University in Beijing. Applications are open today.

The Hidden Forces Behind Toutiao: China’s Content King

Toutiao, one of the flagship products of Bytedance, may be the largest app you’ve never heard of–it’s like every news feed you read, YouTube, and TechMeme in one. Without any explicit user inputs, social graph, or product purchase history to rely on, Toutiao offers a personalized, high quality-content feed for each user that is powered by machine and deep learning algorithms.

On Growing: 7 Lessons from the Story of WeChat

We partnered up with China Tech Insights, a research group within Tencent (WeChat’s parent company) to understand how WeChat drives its 889 Million monthly active users to use the app an average of 50+ minutes, and 9 to 11 separate times, per day. This post dives into the growth strategy that led to key WeChat milestones, lessons learned and gives insight into the method behind the madness as WeChat scaled from 0 to 800M+ MAUs in less than 6 years.

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