Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
Travellers from the Philippines now have more options when flying to Taiwan after Philippines AirAsia started its daily Manila-Taipei service last Monday. Philippines AirAsia chief executive Captain Dexter Comendador himself piloted the Airbus A320 to mark…
As part of its aim to have digital strategy as the core of its business, Japanese department store company Isetan Mitsukoshi Holdings is preparing to launch an online store. It has started tests leading up to its launch this month of its first online store on…
China Telecom Shanghai and Huawei have successfully jointly implemented access network slicing at a trial site. The trial solution involves slicing the access network into home, enterprise and campus connections, which will potentially allow the operator to…
Alibaba Cloud has announced plans to open four new data centers by the end of 2016 in the Middle East, Europe, Australia and Japan. The new centers are expected to boost its data center network to 14 locations, covering key economic centers around the world.…
A growing number of retail stores in China are using specially designed apps to track shoppers’ behavior in a bid to boost sales. Yo-ren, an information technology startup, has developed an app to collect information about members enrolled in reward programs…
‘Boycott China’ messages may have become routine on WhatsApp in India. But in the startup world, India and China are drawing closer. Chinese firms and funds have become big investors in Indian startups , and they are becoming particularly useful now as US…
Chinese eCommerce giant Alibaba Group Holding plans to invest 2.1 billion yuan (US$305 million) in supermarket chain Sanjiang Shopping Club. Sanjiang’s share were suspended by the Shanghai stock exchange on November 8, with trading resuming today. Under the…
The discounter has been rumoured to be mulling a launch in mainline China since 2014, when it was reported by the Guardian, however a report in German trade publication Lebensmittel Zeitung announcing the online-only move last week has been confirmed to the…
The 130-piece Treasure Collection includes silver pendants and earrings with cubic zirconia, diamonds and pearls, with each piece presented in a transparent sealed box. Prices range from US$49 to US$499. F.I.N.E Managing Director Ari Johansson said:…
Hong Kong’s economic growth slowed in the third quarter from the second as weak exports, sluggish retail sales and falling tourist arrivals took its toll on the former British colony. Though the government kept its full-year estimate for 2016 in the middle of…
Frasers Centrepoint Trust has entered into two sale and purchase agreements for the acquisition of the retail podium of Yishu 10 Cinema Complex. The deal is worth $37.8m. One of which was with Goldvein Trading Pte. Ltd., for the acquisition of units #01-01,…
One of the year’s quirkier IPOs had its wings clipped after investors’ appetites failed to take off for one of China’s leading makers of popular snack foods made from duck parts. After making a splash with its original listing announcement, Zhou Hei Ya…
China’s Ministry of Finance has approved applications to open 16 duty free arrival shops in 10 international airports and at six land border crossing points, introducing limited competition to the nation’s growing duty free market for the first time. Four…
Third-quarter revenues grew by 13 per cent to RMB40.388 billion (US$5.951 billion) for China’s Tencent Holdings, an investment holding company whose subsidiaries provide media, entertainment, internet and mobile-phone value-added services, and online…
Targeting global retailers who are looking to Asia to chart growth, CapitaLand Mall Asia has its biggest presence ever at international retail event Mapic in Cannes, France. It is the fifth consecutive year CapitaLand has exhibited at Mapic, one of the…
Julie Li is laden with Harrods carrier bags full of cosmetics, but they are not hers; the 30-year-old finance graduate from Beijing is a fulltime freelance retail consultant, something known in China as a daigou. “I worked as a daigou alongside my day job for…
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