
China Instant Retail Reaches 1.2 Trillion Yuan as Platforms Trade Subsidies for Warehouses
Alibaba and Meituan now hold 45.7 per cent and 45.3 per cent of the fast-delivery market after cutting costly meal discounts.
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Alibaba and Meituan now hold 45.7 per cent and 45.3 per cent of the fast-delivery market after cutting costly meal discounts.

European Commission investigators face an information blackout from Beijing as scrutiny intensifies over Chinese state subsidies in cross-border retail deals.

The consortium beat Henderson Land under a technical-weighted tender to secure 11 hectares near the mainland border for residential towers and an automated supply chain base.

Revenue rose 8 per cent to 112.36 billion yuan for the quarter ended June 30, missing consensus estimates as margins tightened across China and Western markets.

Prominent US investors Stanley Druckenmiller and David Tepper are increasing their stakes in Chinese search giant Baidu, driven by its AI advancements. This comes as they reduce or exit positions in other major Chinese e-commerce firms like Alibaba and JD.com.

China’s retail sector is experiencing a transformative moment, marked by the strategic rise of two formidable players: Alibaba and JD.com. This dynamic shift mirrors broader trends reshaping the region’s e-commerce landscape, where Chinese consumers are…

British supermarket titan Sainsbury’s is currently exploring a potential sale of Argos, the general merchandise retailer it acquired for £1.1 billion (about $1.5 billion) back in 2016. The discussions involve Chinese e-commerce behemoth JD.com, hinting at a…

JD Flowers, the floral arm of JD.com, is poised to make a remarkable splash in China’s flower market with ambitious plans to sell over 100 million flowers by 2025. This growth strategy directly taps into the surging demand for high-quality imported flowers,…

IKEA has marked a significant milestone by launching its flagship store on JD.com, opening the floodgates to its extensive collection of home furnishings for millions of online shoppers across China. This vibrant new outlet boasts an impressive 6,500 products…

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…

Chinese imaging app Meitu has offered its AR online makeup trial system to global beauty enterprises and retailers for free to help them overcome difficulties caused by the coronavirus pandemic. The firm’s Beauty Industry Support Plan was extended from…

A Gome flagship store has launched on JD, giving the Chinese home appliance retailer access to JD’s more than 360 million active annual customers. “JD.com is pleased to launch Gome’s third-party flagship store on our platform, making home appliances from…

Farfetch China has opened a flagship store on JD, one of its strategic investors. The move follows Farfetch China’s purchase of Toplife announced in February and gives the global luxury-fashion technology platform access to more than 300 million customers in…

Chinese online retailer JD is to buy nearly half the shares in electrical goods retailer Jiangsu Five Star Appliance, for US$189 million. Jiayuan Chuangsheng currently holds 93 per cent of the Five Star business and after divesting a 46 per cent stake to JD…

Chinese e-commerce giant JD has announced it plans to recruit up to 15,000 staff this year – just a week after saying it would let go 10 per cent of its senior executives. The majority of positions expected to be filled this year will be in logistics, with up…

JD.com announced the completion of Indonesia’s first government approved drone flight – a breakthrough for drone delivery in Southeast Asia. The successful pilot opens the door for future commercial drone use in Indonesia and the Southeast Asia region,…
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