Chinese e-commerce group Alibaba and the Internet fresh food platform Yiguo signed an equity transfer contract, under which Alibaba will purchase 18% shares of Lianhua Supermarket from Yiguo.
China's JD is reportedly currently negotiating with PT Tokopedia, an e-commerce company in Indonesia, for a potential investment deal.
Germany's leading retailer Aldi has entered Alibaba's Tmall.hk, the international site of Tmall.
Iconic American fast food taco, burrito, and nacho chain Taco Bell has arrived again in China.
With behemoths like Alibaba.com, JD.com, Suning.com, Amazon has lots of competition in China. But the company is still focused on recruiting more Chinese small businesses to boost its export goods services.
Yum Brands announced plans to double the number of its restaurants in China.
Hong Kong online fashion retailer Grana announced that the company has raised USD10 million in their latest round financing, which was led by Alibaba Entrepreneurs Fund.
Japanese maternal and baby supplies brand Pigeon has opened its first overseas flagship store on Tmall.hk.
Cainiao Network Technology, logistics subsidiary of Alibaba Group, announced that the company will establish the Cainiao Alliance by cooperating with logistics partners to improve e-commerce logistics in China.
China's Alibaba Group recently purchased 33 million Groupon Inc. shares, making it the fourth largest shareholder of the U.S. company.