Amazon Kindles Its China Strategy With New Chief
Amazon has appointed Amazon global vice president and general manager of Kindle China Zhang Wenyi as new president for Amazon China.
Amazon has appointed Amazon global vice president and general manager of Kindle China Zhang Wenyi as new president for Amazon China.
China's Alibaba Group recently purchased 33 million Groupon Inc. shares, making it the fourth largest shareholder of the U.S. company.
Chinese online shoppers now have an alternative means to pay for goods online.
Chinese electronics and home appliances retailer Gome reached a deal with Japanese retailer BIC Camera for the sale of overseas products in Gome's physical stores as well as on its e-commerce platform.
Chinese B2C e-commerce retailer Dangdang.com announced that the company plans to open 1,000 physical bookstores within three years, covering shopping malls, supermarkets, and towns.
Chinese B2C e-commerce operator JD.com announced that they will stop services at Paipai.com on December 31, 2015, and after a three-month transition period the website will be completely shut down by April 1, 2016.
Maternal and child supplies e-commerce site Beibei.com announced that they will invest CNY500 million in the next 12 months to support 1,000 quality brands which have monthly sales of over CNY1 million.
Dutch leading supermarket chain Albert Heijn has opened its official flagship store on Tmall's international site Tmall.hk.
Suning's controlling subsidiary Laox is accelerating the realization of its international strategy and the company opened eight new stores in September 2015, reaching a total of 30 stores in Japan.
Chinese B2C e-commerce website JD.com and South Korean retail giant Lotte.com have signed a strategic cooperation agreement and an exclusive agreement under which JD.com will become the sole strategic partner of Lotte.com in the Chinese…