Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
Huawei will become the top personal computer maker in the world in three to five years, leapfrogging the likes of Apple, Lenovo and HP, a top executive at the firm told on Wednesday, just days after launching new notebook devices. In May, the Chinese firm…
Don Quijote, a chain of neon-lit emporiums filled ceiling to floor with discounted goods, is opening its first store in Southeast Asia, where it expects to further expand. The chain — now with over 300 stores across Japan — is a must-visit among tourists to…
ocial media is a fundamental part of Chinese consumers’ personal lives, but it is not used professionally as much as it is in Western countries, according to the Consumer Technology Association’s (CTA) new study, Digital Lifestyles in China. The study,…
OPPO, the No. 1 smartphone vendor in China in 2016, plans to sell 100 million phones globally as it taps its models’ strong photography features and the company’s offline retail channels. Oppo partners Sony and Qualcomm to develop customized processors and…
It plans to use Thailand as a hub for servicing other regional countries such as Vietnam and Malaysia. JD.com Inc, China’s second-largest e-commerce company, plans to enter the Thai market later this year in a move to expand its overseas business beyond…
The largest Chinese power company “China Huadian Corporation” has the opportunity to invest in power plants in Indonesia. “The Chinese firm wants to invest in our power plants. I have suggested that it should find a good local partner,” Energy and Mineral…
Indonesian biodiesel producers are eyeing China as a new promising market amid negative sentiment in the European Union and the United states. Indonesian Biofuel Producers Association (Aprobi) chairman MP Tumanggor stressed Thursday that their members could…
China’s Ministry of Industry and Information Technology (MIIT) is launching a consultation regarding the planning and use of millimeter wave (mmWave) spectrum for the development of 5G networks. The MIIT is seeking industry advise on the planning and use of…
Exports rose 8.7 percent on-year to $191 billion while imports jumped 14.8 percent to $150.2 billion. China on Thursday posted a forecast-busting surge in exports and imports in May, signaling improvement in the world’s number two economy, but there were…
Luxury brands experimenting with WeChat’s commerce model rose from 3 percent to 10 percent from the year-ago, suggesting that the sector is beginning to have better understanding of the Chinese commercial ecosystem. L2’s Digital IQ Index China: Luxury 2017…
Baccarat announced on Friday the centuries-old crystal maker has been acquired by a Chinese investment firm, as it looks to ramp up international expansion. The French luxury home and tableware brand said China‘s Fortune Fountain Capital (FFC) would acquire…
Chow Tai Fook‘s indirect wholly-owned subsidiary Solomon has signed a joint venture agreement with Golden, Edge, and Group Program Limited, aiming to develop and operate the group’s membership program in mainland China and Hong Kong. Solomon and Golden will…
Hong Kong-listed Tongfang Kontafarma will acquire a significant stake in Singapore’s True Group, which comprises True Yoga and True Fitness, according to a press release by the latter on Tuesday (May 30). The deal will see Tongfang Kontafarma, which is mainly…
Brookstone will formally enter the Hangzhou market with its first store opened at the Hangzhou GDA Plaza, which is Brookstone’s flagship store in the city. Ma Qihua, president of Hangzhou GDA Plaza, said that the cooperation with Brookstone is based on the…
With Chinese travelers being one of the most valuable customer bases for luxury goods, negotiations are underway to make mobile payment solutions WeChat Pay and Alipay acceptable in North America. The move comes at the behest of Citcon, a cross-border…
Carnival Corporation, the world’s largest cruise group, has introduced cashless Alipay payment services on its ships in Asia, including those in China. The move will enable Chinese guests in the region to pay for products onboard using the mobile payment…
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