Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
Global lifestyle brand Miniso has unveiled its inaugural Miniso Space at Deji Plaza in Nanjing, a significant step in its retail evolution that promises an immersive, IP-driven shopping experience. Nestled within one of China’s most prestigious luxury malls,…
Chinese e-commerce giant Alibaba is diving headfirst into the metaverse, with plans to unveil a new digital marketplace that promises to change the shopping experience for its users. The ambitious project, called “Metaverse Mall,” aims to create an immersive…
MWC Shanghai 2025 served as the stage for Huawei’s ambitious vision of transforming the telecommunications landscape. During an exclusive behind-the-scenes tour, the tech giant unveiled its latest strategies, emphasizing a dramatic departure from traditional…
The retail landscape in Asia is witnessing a bustling surge as major players like Alibaba and JD.com continue to innovate the e-commerce experience. Recently, the two giants sparked excitement among consumers and investors alike with their ambitious plans to…
Yum China Holdings, Inc. has unveiled Q-Smart, a hands-free, AI-powered assistant aimed at streamlining daily operations for restaurant managers. This innovative tool employs voice interaction via wearable devices, such as smartwatches and wireless earphones,…
Chongqing Rural Commercial Bank (CQRCB) is poised to maintain a stable financial profile over the next 12 to 18 months, with solid asset quality, robust capitalisation, healthy profitability, and ample liquidity. According to Moody’s Ratings published in June…
China CITIC Bank International is showcasing a robust ability to weather the ongoing challenges in Hong Kong’s sluggish property market, as reported by Moody’s. The bank is expected to uphold its solid asset quality, strong capital base, and excellent…
Micro-multinational businesses in the Asia Pacific are experiencing a business boom, according to new FedEx research. Its study shows that 63 per cent of these businesses are achieving annual revenue growth, a success rate achieved by only half of small- to…
Yiwugou.com, the official website of Yiwu Commodity Market, the largest commodity wholesale market in the world, has announced that ten sellers on Yiwugou.com have gained the first batch of official online business licenses which will add significant…
According to the Ministry of Agriculture and Rural Development, Vietnam exported 2.8 million tonnes of rice valued USD1.2bn in the first six months of 2017. Both the volume and value increased by 6.3% and 4.9% respectively compared to last year. However,…
Growth in overnight Mainland visitors to Hong Kong has slumped to a fraction of last year’s figures. Total visitor numbers from China’s Mainland in May rose by five per cent year on year – but it’s the day trippers making the numbers, not the cashed up…
Red Cloud is a name few major retailers have yet heard of – but watch this space… Dubbed one of China’s first premium selvedge denim brands by influential fashion media monitor WGSN, it’s one of a new wave of independent denim makers carving out a new raw…
Korean conglomerate Lotte is launching its fast-food chain Lotteria in Mongolia. The brand’s restaurant franchise unit, Lotte GRS, will open its first location in the capital city of Ulaanbaatar and increase outlets to 10 over the next four years. The move…
In addition, having a smart platform will allow tv audiences across the world to have access to a panorama live broadcast and immersive Virtual Reality (VR) experiences. As for athletes, they will get help from Artificial Intelligence for record-checking or…
Menswear retailer China Outfitters, which holds the Jeep license on the mainland, has boosted sales and profits in the first half year. While same-store sales in its own store network – which now numbers 564 – slipped by 3 per cent, online sales through Tmall…
Sa Sa International Holdings (0178), the cosmetics and skincare retailer, said yesterday retail and wholesale turnover for the first quarter ended June 30 increased by 24.8 percent over the same period the year to HK$2.11 billion. The retail and wholesale…
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