Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
Apple CEO Tim Cook has hailed Chinese app developers and their contribution to world’s second biggest economy, as he began his visit here days after the tech-giant invested $1 billion in local ride hailing app Didi Chuxing. “The momentum is absolutely…
We often think of liquidation events exclusively in terms of price, but in the real economy there is volume to consider. When financing dries up as financial agents run for cover lest they receive only further margin or collateral calls, it enacts a short run…
Customers at a new digital KFC concept store in Shanghai give their orders to a voice-activated robot. Dumi the robot is sophisticated enough to handle changes and substitutions in orders. Dumi is the result of 10 years of research and development into…
Jollibee sales grew 14.8 per cent year-on-year to P34.4 billion (US$737.7 million) in the first quarter of 2016, with help from election-related spending and low inflation. The systemwide sales come from company-owned and franchised stores of Jollibee Foods…
Alibaba is tightening the rules for traders selling luxury goods on its popular online platform Taobao. It’s one of several measures in the ramping up of the Alibaba fake fight, which is being conducted in conjunction with Washington, DC-based International…
On Wednesday, LEGO has opened its largest retail store in the world inside Shanghai Disneyland as the trial period of the amusement park is ongoing before its official opening on June 16. The store features a myriad of LEGO bricks from its walls and even in…
If there’s one clear example of “accessible luxury” making strides in China’s retail industry, it’s Furla. The Italian fashion house has been in the midst of a rapid evolution, going from being known globally as a playful, youthful handbag brand to capturing…
Nepal Telecom has revealed it has completed a project to lay fiber at the Nepal-China border, paving the way for an interconnection with China Telecom. The company has deployed fiber from Kathmandu to the Rasuwagadhi border point via two other Nepalese…
China Unicom has announced a significant investment project involving expanding and upgrading its telecoms infrastructure, building new a IoT platform and data centers in Shanghai. The move comes shortly after the operator signed an “Internet+” cooperation…
In posting its strongest revenue growth for the past four quarters, Alibaba has rounded off its fiscal year on a positive note. Although growth at the international division picked up strongly, it is China that has underpinned the group’s success. Alibaba…
A small firm that sells handbags and other leather goods has won a trademark fight with US tech giant Apple China. A Beijing court has ruled that Xintong Tiandi Technology can keep using the name Iphone for its leather products, the official Legal Daily…
Hong Kong jewellery retailer Chow Tai Fook Enterprises is diversifying into gaming, and is lead partner in a three-way joint venture developing Vietnam’s second integrated resort casino. After a prolonged delay, work has started on the $4 billion project’s…
Gucci America has become the second brand to quit the International Anti-Counterfeiting Coalition(IACC) since the US-based group allowed Chinese eCommerce giant Alibaba to become a member last month. Describing Alibaba as “our most dangerous and damaging…
Beauty giant Estee Lauder says its Asian sales rose in every country except Hong Kong in the last quarter. Estee Lauder Asia achieved double-digit growth in Korea, Japan, Australia and Taiwan and achieved “solid” constant currency sales gains in China and…
At CES Asia 2016, which opens today, Isobar will be showcasing BVRAIN and UMood, two marketing innovations from Isobar, which demonstrate the agency’s capabilities in leveraging new technologies to provide brands with innovative marketing solutions. BVRAIN…
Online marketplaces, those giant shopping sites like eBay and Amazon Marketplace, can be a mixed blessing for brands and merchants. Marketplaces offer retailers broad exposure to millions of consumers, as well as delivery, payment and other solutions. Still,…
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