Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
China’s Meituan Dianping, the world’s largest food-delivery service, nearly doubled its revenue last year, but the tech startup is still bleeding cash. In the second set of results since its high-profile IPO, Meituan Dianping reported total revenues of RMB65…
NBA basketball is undoubtedly one of the most popular sporting leagues in the world, with fans everywhere. The league’s second-biggest market after the U.S. surprisingly isn’t Canada or even anywhere in Europe. It is, in fact, China. The NBA’s social media…
Bubble milk tea brand Tiger Sugar Korea will open first branch in Hongdae, a bustling university town of Seoul. Located at a popular hang-out area for young people, the Hongdae store will offer the same taste as that in Taiwan and use premium ingredients to…
Alibaba Group sales soared 41 per cent in the December quarter as its customer based neared 700 million. The Chinese company’s turnover for the three months reached US$17.057 billion and its net income attributable to shareholders $4.807 billion. “Our…
The city of Xi’an was once known as Chang’an the seat of several important dynasties in ancient China; today, it is home to the Xi’an Hi-tech Industries Development Zone, a leading center of technological development. This project involved the design of the…
China Telecom announced that Yang Jie (pictured) has resigned from his role as chairman of parent company China Telecom Corporation, and has been re-designated as chairman of China Mobile Communications Group. Yang has also resigned from his positions as…
Huawei lost its trade mark reticence when it announced yesterday that it is suing the US government for banning federal agencies from buying its products. The complaint filed in a U.S. federal court challenges the constitutionality of Section 889 of the 2019…
KFC China has held a promotion honouring Communist Lei Feng. The “Lei Feng Spirit” promotion was first launched in the legendary young soldier’s home province of Hunan on the national holiday dedicated to his memory. The figure of Lei Feng has been considered…
A new joint report by GSMA and Telecommunication Terminal Industry Forum Association (TAF) titled “eSIM in China: the road ahead” suggests that smartwatches, not smartphones, will dominate the eSIM market in China. The report acknowledged that eSIM…
British luxury brand Mulberry is excited to announce the launch of its brand f lagship on Tmall’s Luxury Pavilion – Alibaba Group’s dedicated platform for premium brands. This launch is an important step in Mulberry’s strategy to develop the brand presence in…
China’s baby-care market achieved total sales of RMB9.617 billion (US$1.4 billion) last year, reflecting rapid growth, according to new research from Mintel. Between 2013 and last year, the market recorded a CAGR of 19 per cent thanks to the relaxation of the…
The first dining establishment has opened in the brand new Xiqu Centre in West Kowloon, showcasing high-calibre Chinese regional cuisine. Seating 260 guests, the 8000sqft Moon Lok Chinese Restaurant evokes the atmosphere of a Chinese garden as a place where…
Karma Automotive is prepping three vehicles — a concept car developed with Italian design house Pininfarina, the next-generation Revero electric car and the Karma Vision concept – that it hopes will propel the brand in a new direction. They will debut next…
Members of the China Mobile-led 5G Device Forerunner Initiative have used Mobile World Congress to announce the launch of their first batch of devices, including China Mobile’s own in-house developed Forerunner One. Forerunner One is a 5G mobile smart hub…
Malaysia’s Maxis has signed an agreement with Huawei during Mobile World Congress in Barcelona to accelerate 5G development in Malaysia. Under the agreement, the companies plan to collaborate on full-fledged 5G trials involving end-to-end systems and…
Tokyo-based duty-free operator Laox is allowing Chinese tourists to Japan to do their tax-free shopping online in advance of their visit. The duty-free goods will be listed on an Alibaba-hosted website, allowing consumers to purchase their goods online and…
Weekly Briefing
Tuesday, Thursday and a Saturday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.
Read by retail operators, investors and brand teams across Asia.