Chinese Electronics Retailer Buys Rival
Chinese electronics and home appliances retailer Gome has signed an acquisition agreement with Beijing Zhansheng, which will sell its entire stake in Dazhong to Gome for CNY3.83 billion.
Chinese electronics and home appliances retailer Gome has signed an acquisition agreement with Beijing Zhansheng, which will sell its entire stake in Dazhong to Gome for CNY3.83 billion.
Chinese electronics retailer Suning Commerce Group will soon build its second headquarters in Shanghai.
Lafayette's well-known French food supermarket Lafayette Gourmet has opened a flagship store in Beijing and marked its entry into the Chinese market.
British fast fashion brand New Look plans to open 40 new stores in China by March 2016.
WoWo Limited has signed a merger agreement with Join Me Group (HK) Investment Company Limited to form a restaurant and hotel Internet group named JM WOWO, which is headquartered in Hong Kong.
Wanda Cinema Line, a unit of China's leading property developer Dalian Wanda Group, plans to acquire the entire stake in Hoyts Group, a leading chain cinema operator in Australia, via a wholly-owned subsidiary.
Chinese electronics retailer Gome is investing an undisclosed sum into its e-commerce travel channel.
Net 1 UEPS Technologies Inc. has acquired a 43.88% interest in Transact24 Limited, a specialist Hong Kong-based payment services company.