Retailing, Franchising, and Consumerism Business Intelligence in China


Yonghui Supermarket Net Profit Up 35.36% In H1 2020

Yonghui Supermarket recently published its semi-annual report for the first half of 2020, stating that it realized operating revenue of CNY50.52 billion, a year-on-year increase of 22.68%; and its net profit was CNY1.854 billion, a…

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.