China's social consumer retail sales in October 2016 reached CNY3.112 trillion, representing a year-on-year nominal increase of 10% and actual increase of 8.8% if deducting price factors.Read More
French sports supplies retailer Decathlon will open a new flagship store in Luoyang, Henan province, which will become the company's largest flagship store in Central China.
German supermarket chain Aldi plans to enter China and other Asian markets with Australia as its springboard in the hemisphere.
China's Wanda Group has signed a comprehensive strategic cooperation agreement with Shaanxi to invest additional CNY103 billion into this province.
MUJI Hotel Beijing, which is managed by UDS Co., Ltd, will be officially open in Beijing in the second half of 2017, marking MUJI's entry into the country's hotel industry.
South Korean apparel brand Eland plans to develop ten shopping centers in China before the end of 2016.
NetEase's online overseas shopping platform Kaola.com will spend CNY400 million to launch a November 11 super foreign goods festival.
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.
Chinese online grocery and delivery firm New Dada and Wal-Mart jointly announced that Wal-Mart has made a strategic investment of USD50 million into New Dada and the two parties will have a strategic cooperation.
Gegejia.com, an online high-end food platform in China, recently announced that the company had completed its series A+ financing round of about CNY100 million, which was led by GF Xinde Investment Management and participated by…