Online Payments Firm Enhances China Presence
Worldpay has opened its first China sales office in Shanghai to service the increasing global ambitions of Chinese businesses who have global e-commerce payment needs. The Shanghai office will offer...
View ArticleChina Internet Retail Sales Up 48.3% In H1 2014
China's Internet retail sales increased by 48.3% year-on-year to CNY1.138 trillion in the first half of 2014. During a press conference held by the State Council Information Office of China, Sheng...
View ArticleGome, Microsoft Team To Open 800 Tablet Experience Centers
Chinese electronics and home appliances retailer Gome and Microsoft China jointly announced their tablet strategy for 2014. Gome signed a procurement order of nearly one million tablets with mainstream...
View ArticleAmerican Retailer Costco Opens Flagship Store On Tmall.com
American leading retailer Costco has reached a strategic deal with Tmall.com, Alibaba Group's B2C website, to open a flagship store on this Chinese website. The new Costco flagship store will...
View ArticleChina UnionPay Gives Chinese iPhone Users New Access To Apple Pay
A new Deal between U.S.-based Apple and China's largest payment card is making mobile transactions easier for Chinese netizens. Apple announced that its App Store has added China UnionPay as a payment...
View ArticleChow Sang Sang Increases Delivery Options For E-commerce Sales
Hong Kong jewelry brand Chow Sang Sang recently held an activity in its Beijing Sanlitun flagship store to celebrate its 80th anniversary and the company announced that they have upgraded their Hong...
View ArticleMeituan.com Chinese Group Buying Platform Reached CNY46 Billion For 2014
Chinese group buying website Meituan.com published its annual performance report for 2014, stating that the company realized trading value of CNY46 billion in 2014, a year-on-year increase of over...
View ArticleChina's Anta Net Profit Up 29% In 2014
Chinese sportswear retailer Anta announced its performance for 2014 and said it had net profit of CNY1.7 billion, representing a year-on-year increase of 29%. Anta realized turnover of CNY8.923 billion...
View ArticleJD.com Expands To Taiyuan With Comprehensive Service Center
Chinese B2C e-commerce website JD.com officially opened its first comprehensive service center in Taiyuan, Shanxi province to provide super-fast services to consumers. As an important regional service...
View ArticleChina's First Crowdfunded Cafe Completes First Round Financing
China's first crowdfunded cafe 3W has reportedly completed its first round financing, which was led by JD.com and participated by Dongfang Hongdao and Tsinghua Holdings. 3W coffee was initiated by Xu...
View ArticleUniqlo Launches Official Chinese Internet Store On JD.com
Chinese B2C e-commerce platform JD.com announced that Japanese fast fashion brand Uniqlo launched an official flagship store on its website yesterday, April 17, 2015. JD will provide service support...
View ArticleAjisen Ramen's Store Sales Down 6% In China
Ajisen (China) Holdings Limited announced that during the first three months of 2015, the company's individual store sales in Hong Kong increased by 2% year-on-year; while its individual store sales in...
View ArticleYTO Express Gains Alibaba Investment In China
Alibaba Group Holding Limited is focusing on expanding its supply chain management capabilities with a strategic investment in a Chinese logistics firm. Alibaba made an undisclosed investment in...
View ArticleSephora Chooses JD.com In China
Chinese B2C e-commerce group JD.com announced that the company has reached a deal with cosmetics retailer Sephora to open the largest cosmetics flagship store on JD.com. Sephora's flagship store on...
View ArticleMetro China Upgrades E-commerce Platform
Metro China announced an upgrade to its e-commerce platform to cover multiple platforms such as online, offline and mobile devices throughout China. With the completion of the upgrade, Metro's online...
View ArticleSuning Will Build Second Headquarters In Shanghai
Chinese electronics retailer Suning Commerce Group will soon build its second headquarters in Shanghai. With the construction of the new headquarters, Suning will move some functions, including...
View ArticleBaidu To Invest CNY20 Billion In Group Buying Site
Baidu Nuomi, the group buying business under Chinese search engine Baidu, recently announced its new O2O ecological strategy and Robin Li, chairman and CEO of Baidu, said that they will make additional...
View ArticleChina's Internet Retail Sales Up 39.1% In H1 2015
The National Bureau of Statistics of China says that during the first half of 2015, China's Internet retail sales reached CNY1.646 trillion, representing a year-on-year increase of 39.1%. Of the total...
View ArticleJD Group Invests CNY4.3 Billion To Acquire 10% Stake In Yonghui Supermarket
Chinese B2C e-commerce provider JD Group and supermarket retailer Yonghui Supermarket announced an O2O strategic agreement under which JD Group will acquire a 10% stake in Yonghui Supermarket for...
View ArticleAlibaba 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 Article