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Miniso Group Holding will acquire 29.4 percent of Yonghui Superstores from various shareholders for RMB6.3 billion (US$893.3 million). Miniso, through its PRC subsidiary Guangdong Juncai International Trading, entered into share purchase agreements with DFI…
On Singles Day this year, China’s largest online retailer JD.com launched a 50,000 sqm JD superstore in Chongqing, Mainland China. Nicknamed the E-Space store, the massive, 5G-equipped high-tech complex is designed to flex JD’s strengths in retail technology,…
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