Retailing, Franchising, and Consumerism Business Intelligence in China


YTO Express Transferred 12% Share To Alibaba

According to an announcement published by YTO Express, Jiaolong Group, Yu Weijiao and Zhang Xiaojuan plan to transfer 379 million shares to Alibaba at the price of CNY17.406 per share and the transferred shares account…

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.