Chinese B2C e-commerce service provider JD Group announced the establishment of a strategy unit and international business expansion unit.
Chinese home appliances group Midea has signed a memorandum of understanding with Toshiba to acquire the white goods business of the Japanese company.
Maternal and child supplies e-commerce site Beibei.com announced that they will invest CNY500 million in the next 12 months to support 1,000 quality brands which have monthly sales of over CNY1 million.
Luxury retailer Burberry recently upgraded its Chinese e-commerce inventory system to accomodate online and offline inventory sharing.
U.S.-based digital money transfer provider Xoom Corporation launched their Chinese-language services to complement with the Chinese money transfer service they launched in February 2015.
Lianhua Supermarket Holdings Company Ltd. says that by September 30, 2014, the group achieved unaudited operating revenue of about CNY24.168 billion; its operating costs were about CNY19.217 billion; and its net profit attributable to shareholders…
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.
Chinese meat processing company Shuanghui recently established a new sales company in the China (Shanghai) Pilot Free Trade Zone, and the company will import products from Smithfield Foods to further establish a global supply network.
7-Eleven will reportedly open two new stores in the city, marking the brand's formal entry into Chongqing.
Chinese supermarket operator Yonghui revealed that the company is preparing for two new outlets in Shanghai, and they are expected to open at the end of December 2013.