Caixin

CX Briefing: E-Commerce Giants’ Refund U-Turn

Published: Apr. 23, 2025  6:56 p.m.  GMT+8,  Updated: Apr. 23, 2025  4:21 p.m.
00:00
00:00/00:00
Listen to this article 1x

A rundown of the news making headlines in and around China:

E-commerce refund U-turn: China’s major e-commerce platforms have announced they’ll be revising their policies that allow customers to get refunds without returning their purchases, after widespread abuse. On Tuesday, Taobao, JD.com, Pinduoduo, Douyin and Kuaishou all announced they wanted public feedback on changes to their after-sales policies. The platforms all said they support merchants and buyers resolving issues through negotiations and that they wouldn’t unnecessarily intervene. Merchants using the platforms have previously complained that the platforms would essentially force them to give such refunds if a customer asked for one. The platforms’ “refund-only” policies were introduced amid fierce competition in the industry — after budget-goods specialist Pinduoduo rolled out the policy, other platforms followed suit.

loadingImg
You've accessed an article available only to subscribers
VIEW OPTIONS

Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.

Subscribe to both Caixin Global and The Wall Street Journal — for the price of one.

Share this article
Open WeChat and scan the QR code
NEWSLETTERS
Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription
PODCAST
Caixin Deep Dive: Former Securities Regulator Yi Huiman’s Corruption Probe
00:00
00:00/00:00