Retailing, Franchising, and Consumerism Business Intelligence in China

June 2020

Alibaba LST GM To Take Over RT-Mart

According to reports in Chinese local media, Lin Xiaohai, Alibaba's vice president and general manager for LST, will be new CEO of RT-Mart and directly report to Alibaba CEO Zhang Yong.

Gome To Introduce American Top Brand PLANAR

Chinese home appliances and electronics retailer Gome and American top brand PLANAR recently held a strategic cooperation press conference, announcing that Gome would become PLANAR's exclusive cooperation partner in China.

Yunda Made Strategic Investment In Deppon

Chinese express delivery company Yunda published an announcement, stating that the company would subscribe non-public offering of Deppon as a strategic investor via its fully-owned subsidiary Ningbo Fushan.

Burger King Changed China Head

Burger King China recently announced to appoint Zhu Fuqiang, former COO and senior vice president of Burger King China, as new CEO of the company to fully lead Burger King's operation in China.