Source: Tech – South China Morning PostNanchang, the capital of eastern China’s Jiangxi province with a population of 6 million, represents the kind of market China’s Big Tech companies are targeting with their newest growth engine: community group buying.With mostly price-sensitive consumers, the densely populated city ranked 16th among 27 provincial capitals in terms of gross domestic product, as its annual disposable income per capita reached about 47,000 yuan (US$7,399) in 2020.MMC, a new business unit that Alibaba Group Holding…Read More