The Chinese tea leaf B2C e-commerce platform Maimaicha.com, which is operated by Shandong Huaxia Chalian, has announced that it has completed its A-round financing and gained nearly CNY100 million investments from four organizations in China.

China Resources Vanguard, the retail subsidiary of China Resources (Holdings) Company, has announced that in 2010, the company opened over 450 new stores and realized sales of CNY71.8 billion.

Jinan-based Silver Plaza Group has announced plans to accelerate its expansion in northwestern areas of Shandong and will invest CNY500 million to open three new shopping malls in Dezhou.

According to reports from Japan's Kyodo News, Japanese department store company Isetan Mitsukoshi Holdings has announced plans to open its second outlet in Tianjin at the end of 2010 or in spring of 2011.

Sanlian Commerce, a subsidiary of the Shandong-based electronics retailer Sanlian Group, has published a report stating the Shandong Supreme People's Court has rejected Sanlian Group's lawsuit against Gome about the share auction of Sanlian Commerce.

Sanlian Commerce has announced that the Shandong-based Sanlian Group has sued several companies, including the Chinese electronics retail giant Gome, for the illegal acquisition of 27 million share in Sanlian Commerce owned by Sanlian Group and has asked the court to announce the bid as invalid, as well as seeking CNY50 million compensation from these [...]