Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
China’s vehicle sales are estimated to rise 11.7% on year in May, its top auto industry body said on Tuesday, cementing hopes of a recovery in the world’s biggest auto market with the first back to back monthly sales increase in about two years. The China…
Chinese e-commerce giant JD is looking to raise up to US$4.05 billion in a secondary share listing in Hong Kong. The new 133 million shares, priced at $30.45 each, most likely will make the listing among the largest in the territory this year. US regulations…
Chinese e-commerce giant JD is moving to stimulate small and medium enterprises nationally by providing supply chain and service support for the employment of more than 5 million people. The firm is accumulating around 50 billion goods as a part of its…
Alibaba and JD launched their annual 6.18 mid-year shopping festivals, which mark China’s largest online retail promotion since the outbreak of Covid-19. Within hours, JD heralded a 400-per-cent year-on-year increase in sales of luxury fashion goods, with…
Grocery shopping online is poised for explosive growth in China, with more than half consumers saying they are buying more online even after stores reopen. According to research by GlobalData, consumers in the region got used to purchasing online during the…
Yum China has entered into a partnership with plant-based meat manufacturer Beyond Meat to trial a burger at selected KFC, Pizza Hut, and Taco Bell locations within the country. The agreement marks the introduction of Beyond Meat’s Beyond Burger in Mainland…
PPE shipment was transported as part of DHL’s dedicated weekly air freight solution from China to Africa; UbuntuConnect – the specific air freight solution for the China-Africa lane – will be extended due to high demand. DHL Global Forwarding, the leading…
JD Central launches its giant online sale ‘618 Super Joy Shopping Fest’ in Thailand today. The shopping festival starts with a pre-sale campaign, offering discounted products from more than 6500 brands. The Super Flash Sale offers exclusive products for…
Chinese e-commerce giant JD has made a strategic investment in Gome Retail, buying US$100 million of convertible bonds. Gome Retail is one of China’s largest electronic retailers. The company is in the midst of a major transition and restructure from a…
Chinese retail behemoth Alibaba Group shrugged off the impact of the Covid-19 crisis to report a 35-per-cent increase in sales in the year to March, and achieving its five-year-old goal of surpassing US$1 trillion in GMV. Revenue for the year reached $71.4…
Chinese e-commerce giant JD and device manufacturer Xiaomi sold 10,000 units of a jointly-produced mobile phone within 11 minutes. The Redmi K30 5G Racing phone was developed by Xiaomi based on customer insights generated from big data provided by JD. Sales…
Sephora China has launched a flagship store on Alibaba’s B2C platform Tmall Global. The Sephora Tmall Global flagship features a selection of beauty brands including Fenty, perfume house Bon Parfumeur, and skincare brands like Farmacy and Dermalogica. The…
Chinese e-commerce giant JD has registered sales of 27,000 tonnes of fresh products during its Foodie’s Carnival online shopping event, including 4531 tonnes of imported fresh food. The week-long online festival brought together more than 6000 global brands…
The future of the Victoria’s Secret China business is under review as the lingerie retailer moves to permanently close 250 more US stores in a bid to right size and restore profits. Parent L Brands revealed a 37-per-cent slump in first-quarter sales to…
Wealthy Chinese consumers are spending up large on domestic brands sold online, according to new data from local e-commerce giant JD. The data shows that 490 out of 572 high-performing brands which surpassed RMB100 million (US$14 million) in transaction…
Danish toy brand Lego has launched Lego Monkie Kid, its first Chinese-inspired theme to boost its engagement with Asian customers. Inspired by the famous Monkey King from the 500-year-old Chinese novel ‘Journey to the West’, Lego’s Monkie Kid is the brand’s…
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