News

KPMG Pinpoints Key Retail Trends Helping China To Recover

In the latest Global Retail Trends 2020 report, KPMG's network of retail sector professionals indicates four accelerating trends that retail…

4 years ago

China's Social Consumer Retail Sales Up 10.8% In August 2015

According to statistics published by National Bureau of Statistics of China, the country's social consumer retail sales reached CNY2.489 trillion…

9 years ago

Disney Gains Online Distributor For Avengers In China

Alibaba's B2C platform Tmall.com is about to open a new channel for Chinese moviegoers to acquire exclusive Disney products. (more…)

9 years ago

JD.com Expands To Taiyuan With Comprehensive Service Center

Chinese B2C e-commerce website JD.com officially opened its first comprehensive service center in Taiyuan, Shanxi province to provide super-fast services…

9 years ago

Hong Kong Retail Sales Decreased 0.2% In 2014

Hong Kong's total retail sales in 2014 were HKD493.3 billion, a year-on-year decrease of 0.2%. (more…)

9 years ago

China's Sanpower Group Bids USD173 Million For American Retailer

Following a 13-hour auction, China Sanpower Group and Sailing Capital International finally bought the American bankrupt retail giant Brookstone Holdings…

10 years ago

Fast Growth Equals More Fast Food For McDonald's In China

Zeng Qishan, chief executive officer of McDonald's China, says that the company plans to add 300 new restaurants in China…

10 years ago

Dangdang.com, Yhd.com Form Open Platform E-commerce Partnership

Chinese B2C e-commerce websites Dangdang.com and Yhd.com announced that the two parties have reached a strategic cooperation to enter each…

10 years ago

Metro China President Confirms Expansion Strategy

Jeroen de Groot, Metro's newly appointed China president, recently revealed to the Chinese local media that Metro will accelerate its…

10 years ago

Beijing's Online Shopping Stats Hit New Highs

Netizens in China's capital city have purchased more so far this year from online shops than from traditional department stores.…

10 years ago