JD Invested USD100 Million In Li & Fung
According to reports in Chinese local media, JD Group and Li & Fung Group announced to reach a strategic investment agreement.
July 2020
Wahaha Opened First Owned Milk Tea Store In Guangzhou
Chinese food and beverage company Wahaha recently opened its first owned milk tea store in Guangzhou's Wushan commercial area.
Japanese Grocery Giant LOFT To Open Store In Shanghai
Japanese grocery brand LOFT recently announced the formal establishment of its Chinese headquarters in Jing'an District, Shanghai and the company will open its first overseas owned store in Xujiahui Metro City.
Huawei Plans To Open Three Flagship Experience Stores In UK
Huawei previously opened its largest flagship store in Shanghai and the company announced plans to open three new flagship experience stores in UK.
Secoo Reported Operating Revenue Of CNY1.005 Billion In Q1 2020
Luxury e-commerce website Secoo.com recently published its financial report for the first quarter of 2020, stating that the company's total operating revenue reached CNY1.005 billion, which was about USD142 million; and it made net losses…
Luckin Coffee Appointed New CEO
Chinese coffee brand luckin coffee recently announced personnel changes and appointed new chairman for the company.
Yum China To Build New Supply Chain Management Company With CNY50 Million
According to reports in Chinese local media, Yum China plans to invest CNY50 million to establish a new company Chuansheng Supply Chain Management (Chengdu), which will be engaged in supply chain management service, food management,…
Nike Opened First Nike Rise Concept Store In Guangzhou
Nike announced that its first Nike Rise retail concept store in the world – Nike Guangzhou brand experience store was officially opened.
Airbnb Appointed New China COO
Airbnb recently announced to appoint Siew Kum Hong as new chief operating officer of Airbnb China, effective immediately.
Nayuki Opened First Store In Japan
Shenzhen-headquartered tea drink brand Nayuki formally opened a new store in Laox shopping center in Osaka, which is the brand's first store in Japan.