Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
Last week, Samsung introduced its latest Galaxy Tab S tablets line up which is already up for pre-orders in some regions across the globe. If you’re based in Hong Kong waiting for the new tablet, you be glad to find out it will hit retail in the region next…
When it comes to online retail markets, China is in a class by itself. The country is already home to the world’s largest e-commerce market, and there’s room for more growth.Chinese consumers are attaining middle class spending power at a historically…
International information technology players have been piling in. Japanese telecoms group Softbank has made a string of acquisitions across Asia. It invested $250m in the region’s ride-hailing app GrabTaxi at the end of last year. In Indonesia, it invested…
Retail sales on tablets, smartphones and other mobile devices will reach $333.99 billion this year in China, according to eMarketer’s latest estimates of retail sales around the world, up 85.1% from 2014. That figure represents 49.7% of all retail ecommerce…
Rents for retail space on the island of O‘ahu rose to a record earlier this year. Colliers International says commercial rents here have been rising for the past several years, a trend that’s expected to continue. Commercial rents have also risen in Hong…
Tmall.com, China’s largest business-to-consume platform and a unit of Alibaba Group, said on Friday that it has launched a CNY1 billion (USD161 million) online grocery promotional campaign targeted at Beijing users, and teamed up with Cainiao, the logistics…
Chinese policymakers are gung-ho to transition their economy away from investment and toward consumption, but that may not happen for another decade, new data shows. “Without a substantial intervention, we believe consumption’s share of China’s economy is…
Chinese brands are closing the gap with international brands as consumers become more concerned about product quality rather than the origin of the brands, according to a latest study. As high as 67 percent of consumers said they favor domestic brands,…
Hong Kong listed Chinese mall owner Hang Lung Group has reported a three per cent rise in turnover in the first half of 2015. The group said revenue reached HK$4.893 billion, with rental turnover up eight per cent to HK$4.148 billion. Property sales income…
Star-gazers – those who focus on the celebrities, that is – now have an app they can use to find fashion matching what their idols are wearing. A Hong Kong startup has launched an app called Goxip which uses social media, photo recognition technology and news…
CapitaLand is making the most of China’s retail sales growth, its mall portfolio posting growth of 6.1 per cent in net property income. In results released this morning, CapitaLand Retail China Trust Management Limited (CRCTML), the manager of CapitaLand…
Koreans travel abroad most frequently, Chinese spent the most money and Japanese visit the most faraway places most often. Those are findings from a study by Visa card, 2015 Survey on Travel Plans, in which 13,603 people from 25 different countries shared…
A group of former executives of high profile British retail brands are planning to launch a department store online in China, via JD.com. The creators of the virtual department store to be called The Jack Russell Emporium are ex Marks & Spencer, Burberry and…
Luxury international retail group Kering says it expects to be paying less rent in Hong Kong by the end of the year. Kering is the owner of a raft of luxury fashion brands, including Yves Saint Laurent, Bottega Veneta and Gucci, the latter of which comprises…
Many expats in China at one point or another have dreamed about opening up their own restaurant, café, or other sort of food and beverage operation. The largest food market in the world, China offers many exciting opportunities for foodies and savvy business…
A Chinese manufacturer of fake iPhones has been shut down after authorities learned it had produced a stunning 41,000 handsets. Nine people have been arrested including the husband and wife couple behind the venture, reportedly aged in their early 40s. The…
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