Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
Chinese eCommerce giant JD.com has formed a strategic partnership with Wal-Mart China. The agreement covers a range of business initiatives, both online and offline. For Wal-Mart, the alliance expands its eCommerce activities and gives its stores and Sam’s…
A Chinese tribunal has ordered Apple China to stop selling its iPhone 6 in Beijing, claiming the design is too similar to a Chinese-made smartphone. Apple has appealed, and is continuing to sell its iPhone 6 while awaiting the decision. The Beijing regulator…
Chinese eCommerce pioneer Jack Ma has unveiled an Alibaba expansion plan aiming to quadruple its customer numbers to 2 billion by 2036. Alibaba is also aiming for a record 6 trillion yuan (US$912 billion) in gross merchandise volume (GMV) in 2020 from 3.09…
A year after acquiring Ben Sherman, Marquee Brands has signed an agreement to have the British menswear brand distributed in China, Hong Kong, Macau and Taiwan. Its partnership with MRH SpaRotica Groupe encompasses both offline and online distribution,…
Apple Inc. may be closer to opening stores in India after the government eased onerous local sourcing requirements on retailers. The world’s second-most populous country on Monday announced the easing as part of a raft of measures intended to boost foreign…
The Ministry of Industry and Information Technology (MIIT) has recently issued regulations regarding retail of tobacco products in China. The new regulations stipulate that foreign invested commercial enterprises or individual business households are not…
Ant Financial’s Alipay and ride-hailing company Grab have partnered to allow Chinese travelers to take advantage of cross-border payment when using Grab’s services in Singapore and Thailand. Starting today, Alipay users in Singapore and Thailand can pay for…
China Jo-jo Drugstores Inc institutional sentiment decreased to 0.75 in 2016 Q1. Its down -0.25, from 1 in 2015Q4. The ratio turned negative, as 3 hedge funds increased or opened new stock positions, while 4 reduced and sold holdings in China Jo-jo Drugstores…
Four Chinese pharmaceutical firms have expressed their intent to invest in Indonesia as conveyed to the Chairman of Indonesia Investment Coordinating Board (BKPM) during his visit to three Chinese cities: Qingdao, Hangzhou and Shanghai. Franky said that…
Citilink plans to open a new international flight route between China and the Morotai island in North Maluku to support development of the island into one of ten main tourist destinations in the country. Head of the North Maluku Telecommunications and…
Chinese smartphone vendor Xiaomi Corp has teamed up with the country’s second-largesttelecom carrier, China United Network Communications Group Co, to expand its offlineretailing channels. The move came as the country’s online smartphone sales has hit a…
A new H&M athleisure wear range is to be launched in July, developed with input from the Swedish Olympic team and fronted by personalities including Caitlyn Jenner. The launch of For Every Victory makes H&M one of the first major multinational fashion brands…
As part of its plans, Lenovo aims to increase its market share from less than 10% during the January-March quarter by expanding its reach of smartphones in retail outlets. (Reuters) As sales slide in its home country China, Lenovo Group is planning to ramp up…
US food brand has opened the first The Cheesecake Factory China under a licensing agreement with its affiliate CCD China Operating Corporation. Being run by Hong Kong-based Maxim’s Caterers, the restaurant is in Disneytown, the shopping, dining and…
Chinese retail sales of consumer goods are rising, reaching a total worth of 2661.1 billion yuan (US$403.9 billion) last month, up by 10 per cent year-on-year nominal growth rate (9.7 per cent real growth rate). In the first five months of this year, retail…
Co-organized by the China Daily Asia Leadership Roundtable and the Omni-Channel Retailing Conference, the co-branded session, themed “Defining Next Generation Retail in Asia”, was held today at the Hong Kong Convention and Exhibition Centre. It was the fourth…
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