Wal-Mart China announced at its annual developer conference that over the next five to seven years, they plan to open 500 new stores and cloud warehouses, covering Wal-Mart Shopping Mall, Sam's Club, and community store.
China Construction Bank and Dmall recently held a strategic cooperation conference in Beijing, stating that the two parties will formally launch full strategic cooperation.
Chinese dairy company Mengniu announced that its acquisition of Bellamy's gained new progress and it was formally approved by the Australian government.
American high-end professional ski brand Spyder formally announced to enter the Chinese market.
According to reports in Chinese local media, Aldi will formally open its first two Chinese stores in Shanghai on June 7, 2019.
According to reports in Chinese local media, Suning Xiaodian, the convenience store chain owned by Suning, and Fung Retailing reached an equity transfer agreement, under which Suning Xiaodian will buy more than 60 Circle K…
Due to decrease of customer traffic, Italian luxury brand Prada will close its largest flagship store in Hong Kong.
NetEase and Alibaba jointly announced strategic cooperation and Alibaba Group will invest USD2 billion to fully acquire NetEase's cross-border e-commerce platform Kaola.com.
Chinese tea drink brand Heytea will open a new store in Singapore's Westgate Mall on September 7, 2019, which is the brand's third store in Singapore.
Chinese alcohol maker Guxiaojiu and the government of Jiang'an, Yibin jointly announced that Guxiaojiu will build an alcohol factory in Yibin, which will have an annual output of up to 50,000 tons.