Yonghui Superstores Announces Chinese Retail Store Data
January 11, 2012With the opening of additional six stores, Chinese supermarket operator Yonghui Superstores' retail outlets had reached 204 by the end of 2011.
News
Tencent's B2B2C Platform Will Soon Welcome Chinese Online Retail Partners
September 22, 2011According to an insider from Tencent, the company's new B2B2C platform will be officially launched after the Chinese National Day and the first batch of six B2C partners will be introduced to users via this website.
Guangdong's Retail Sales Reached CNY1.3 Trillion In First Eight Months Of 2011
September 20, 2011According to Statistics Bureau of Guangdong Province, the province realized consumer retail sales of nearly CNY1.3 trillion, a year-on-year increase of 16.1%, from January to August 2011.
Sales Slide For Internet Group Buying In China
June 22, 2011Chinese group buying navigation website Tuan800.com has published a report covering statistics for May 2011, stating that Meituan.com ranked first in China with sales of CNY75.2 million.
New Chinese Payment Licenses Open Internet Retail To More Companies
May 31, 2011The People's Bank of China has published a report saying that it has issued licenses for non-financial institutions to operate payment businesses to 27 companies, including Alipay.com.
Walmart Forms Strategic Partnership With Yihaodian.com In China
May 31, 2011Yihaodian.com, a Chinese business-to-consumer shopping website, has announced that it has reached a strategic cooperation agreement with Walmart Stores Inc. to jointly develop services for the Chinese retail market.
