A recent agreement has paved the way for Vietnamese pomelos and lemons to be exported to China. This phytosanitary requirements protocol was formalized between Vietnam’s Ministry of Agriculture and Environment and the General Administration of Customs of…
The antitrust regulator of South Korea has provisionally approved a joint venture between Shinsegae Group’s Gmarket and Alibaba’s AliExpress Korea. This approval paves the way for a new contender to challenge the market, which has been historically dominated…
Beijing-based e-commerce retailer LightInTheBox achieved US$59.9 million sales in its third quarter to September, up 35 percent year on year. LightInTheBox said third-quarter net income was US$10 million, in contrast to a loss of US$17.8 million in the same…
German lighting company Osram is on the lookout for acquisitions worth up to 500 million euros ($530 million), although there are no specific plans for a deal as yet, its finance chief told Retail News. Osram wants to strengthen the areas of electronics and…