Sichuan-based convenience store chain Wowo signed a strategic cooperation agreement with Baishi Group under which Wowo will seek accelerated development with Baishi's full support in capital, management, and technology.
Chinese B2C e-commerce service provider JD Group announced the establishment of a strategy unit and international business expansion unit.
Gome Electrical Appliances Holding Limited published its performance report for 2015 and showed that Gits listed company realized sales of CNY64.6 billion, a year-on-year increase of 7%; and its net profit was CNY1.2 billion, which…
Alibaba Group and Metro announced an exclusive strategic deal under which Metro's official flagship store will enter Tmall.com, Alibaba's B2C e-commerce platform.
Chinese B2C e-commerce provider JD Group and supermarket retailer Yonghui Supermarket announced an O2O strategic agreement under which JD Group will acquire a 10% stake in Yonghui Supermarket for CNY4.3 billion.
Shenzhen-headquartered Rainbow Department Store published its annual performance report for 2014, stating that the company realized total operating revenue of CNY16.998 billion in 2014, a year-on-year increase of 6.02%; its total profit was CNY773 million,…
Wal-Mart China will open about 30 high-quality stores and more distribution centers as an important step for its three-year development plan announced in October 2013, according to a recent company statement.
China's Huishan Dairy Holdings Company Limited and Netherlands' Royal FrieslandCampina N.V. have reportedly entered into exclusive talks for creating a joint venture to produce and sell infant milk formula in China.
According to Jeroen de Groot, China president of the German retail giant Metro AG, the group will launch a new food service distribution platform which will provide food customized procurement and processing services to hotels…
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.