Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
UK plc is an exceptional example of what London Business School expert terms an “attractive market segment”, one which has been curated and matured over a long period of time. Chinese consumers in particular are attracted to British brands, with a high…
China’s tech giants Alibaba Group Holding Ltd and Tencent Holdings Ltd, worth a combined $1 trillion, are on a retail investment binge, forcing merchants to choose sides amid a battle for shoppers’ digital wallets. Since the start of last year, the two…
The Chinese government has reportedly taken the telecoms sector off a list of “sensitive sectors” that require special approvals for outbound investment. The list compiled by the National Development and Reform Commission (NDRC) names the industries that…
During the last ten years organic sales have doubled in Denmark and have accounted for 9,7 percent of all groceries sold, the Danish newspaper Berlingske say. That places Denmark to be the top number one country in the world with the largest organic share of…
Huawei, China’s leading smartphone maker, might be planning to rebrand Honor 8 Pro and relaunch it this year. Honor is Huawei’s online-only brand and the company might be putting its own branding on Honor 8 Pro at the time of its launch. The details of…
Chinese online retail giant Alibaba and U.S. media and entertainment giant Walt Disney have inked a licensing deal which will see animation series from the latter become available on the Youku online video streaming service owned by the former. The multi-year…
Xiaomi relied a lot on online sales in its first years, selling competitively-equipped smartphones at cost. With that strategy, Xiaomi managed to rise to the top of the smartphone charts in China and India within four years of its establishment, becoming the…
Chinese tourists are helping drive the growth of cashless payments using Tencent’s WeChat in the Philippines, according to its Filipino partner, Asia United Bank. Chinese tourist arrivals are projected to hit 1 million. Staying in the country for 8 days on…
People who live in Mainland China are, on average, Asia’s biggest Valentine’s Day spenders, according to the results of a MasterCard poll which tracked spending around the romantic occasion in the Asia Pacific region. They are prepared to spend US$274 on…
A rising tide of travelers from China is spreading out across the region, out-shopping, outspending and out-eating every other nation. They are filling hotels, tour buses and cruise ships. They are overwhelming airports and train stations, and they are…
Chinese business news website Jiemian has released its annual China Rich List, detailing the country’s wealthiest individuals. All 1,000 billionaires on the list have a minimum net worth of approximately RMB30 billion (US$4.7 billion), while Pony Ma, the…
Singapore furniture designer/manufacturer/retailer Koda’s in-house brand Commune plans to open more than 100 outlets in China by 2020. Commune’s sales from the market hit nearly S$7 million (US$5.3 million) last year, accounting for 64 per cent of its total…
Australian skincare brand G&M Cosmetics has expanded into Vietnam, with a presence in Aeon supermarkets and at Ho Chi Minh City’s airport. This follows the company exporting to Asian markets such as China, Hong Kong, Taiwan, Thailand and Singapore in the past…
For Chinese tourists traveling South Korea, paying for a grande latte at Starbucks is now as easy as showing your smartphone. Ant Financial, which now Alibaba a 33% stake, said Sunday its Alipay e-wallet service is now available at over 1,150 Starbucks…
French cosmetics giant L’Oreal reports “spectacular” growth for last year, particularly in Asia. It had growth acceleration of 5.5 per cent in the fourth quarter with sales exceeding €10 billion (US$12.2 billion) in the ‘new markets’, which include Asia…
Asia’s pre-owned luxury fashion market is continuing to grow, with shoes and t-shirts gaining ground, according to multichannel retailer Reebonz. Although bags continued to dominate, with an average of 77 per cent of total transactions in 2016 and 2017, both…
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