Metro To Open First Store In Jinan
European supermarket chain Metro plans to open its first store in Jinan, Shandong province in August 2017.
April 2017
Gome Operating Revenue Up 18.73%, Profit Down 73%
Chinese electronics and home appliances retailer Gome achieved operating revenue of CNY76.695 billion, a year-on-year increase of 18.73%, during 2016.
Sweden's Wheelys Starts Trial Operation Of Unmanned Convenience Store In Shanghai
Swedish start-up company Wheelys recently opened an unmanned convenience store which is controlled by app in Shanghai.
Airbnb To Double Investment In China
American short-term lodging platform Airbnb recently announced that the company plans to expand its business in China and it wants to triple its employees and double its investment in this marketplace in 2017.
Five Star Appliance To Enter Home Decoration Market With New Brand
Chinese electronics and home appliances retailer Five Star Appliance formally announced plans to enter the home decoration and renovation sector with a new sub-brand named "Sigma Life".
Huazhu Hotels Group Net Profit In China Up 84.3% In 2016
China's Huazhu Hotels Group Ltd recently published its unaudited financial report for the fourth quarter and the entire year of 2016.
Shirble Department Store To Acquire Two Properties For CNY611 Million
Shenzhen-based department store operator Shirble will invest CNY611 million to purchase two properties in Shenzhen and Changsha.
Swinging Gold Prices Push Lao Feng Xiang's Net Profit Down
Chinese gold and jewelry retailer Lao Feng Xiang published its performance briefing for 2016 and stated that its operating revenue was expected to reach about CNY34.964 billion, a year-on-year decrease of 2.1%; and its net…
Cloud Expo Asia and Data Centre World Return to Hong Kong with Smart IoT and Cloud Security Streams
Hong Kong, China, April 21, 2017 /ChinaNewswire.com/ – An international line-up of industry-leading suppliers and expert speakers will be welcoming thousands of visitors to Hong Kong Convention and Exhibition Centre (HKCEC) on 24 -25 May, for the highly-anticipated return of Cloud Expo Asia and Data Centre World and premiere of Smart IoT and Cloud Security… Read More
Ikea Plans Fourth Store In Hong Kong
Dairy Farm International, parent company of Ikea's business in Hong Kong, recently revealed that Ikea plans to open its fourth outlet in Hong Kong during the second half of 2017.