Alibaba Gets Exclusive With International Apparel Brands
China's Alibaba Group announced that they have signed exclusive cooperation agreements with over 20 apparel brands, including Zara and Timberland. Alibaba said that Tmall.com will become the only...
View ArticleChinese Electronics Retailer Continues Net Profit Surge
Chinese electronics company Gome has made investors happy with continued growth in its retail outlets in China's second-tier cities. The company's net profit increased by 15.9% during the reporting...
View ArticleDutch Supermarket Giant Opens Flagship Chinese E-commerce Store
Dutch leading supermarket chain Albert Heijn has opened its official flagship store on Tmall's international site Tmall.hk. With a history of nearly 130 years, Albert Heijn operates nearly 1,000...
View ArticleChina's Social Consumer Retail Sales Up 11% In October 2015
The National Bureau of Statistics of China revealed that in October 2015, China's total social consumer retail sales reached CNY2.828 trillion, a year-on-year increase of 11%. Compared with September,...
View ArticlePhilippines Welcomes Chinese Smartphone Expansion
Chinese telecommunications equipment maker is extending its reach to Southeast Asia's retails sector. Huawei has launched its first experience store at the SM Mall in Manila. This new experience store...
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Wangfujing Reports Net Profit Decline
Chinese department store retailer Wangfujing reported its financial situation for the first quarter of 2016, and the news was not great. The company stated that by the end of March 2016, its operating...
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Wal-Mart China Sales Up 5.1% In Q1 2016
Due to the strong performance of its Chinese stores during the Chinese New Year, Wal-Mart China's total sales increased by 5.1% in the company's latest reporting period. Wal-Mart released its financial...
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E-commerce Arrives For Chinese Ikea Customers
Ikea China announced that the company will launch its e-commerce business at the end of August 2016 and this business will first begin trial operation in Shanghai. With the new e-commerce service,...
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Google's Mobile Payment Service Lands In Hong Kong
Google may be blocked in mainland China, but it's Android Pay mobile payment service has just launched in the freer environs of Hong Kong. The mobile payment service from the American Internet company...
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NetEase's Kaola.com To Invest CNY400 Million To Create Overseas Shopping...
NetEase's online overseas shopping platform Kaola.com will spend CNY400 million to launch a November 11 super foreign goods festival. November 11 is a consumer shopping holiday started by Alibaba a few...
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