According to reports in Chinese local media, Qingdao Guoxin, Sunshine Venture Capital and Qingdao Fund of Venture Capital Funds have formed a joint investment body to invest CNY2 billion into Missfresh.
Japan's leading beer company Asahi announced that the company plans to sell its entire 19.99% stake in the Chinese beer maker Tsingtao.
European supermarket chain Metro plans to open its first store in Jinan, Shandong province in August 2017.
Chinese real estate group Wanda signed a cooperation agreement with UK's International Hospitals Group Limited in Beijing to build three hospitals in China.
British department store retailer Marks & Spencer announced that the company plans to shut five outlets in the Shanghai region before August 2015.
According to Jeroen de Groot, China president of the German retail giant Metro AG, the group will launch a new food service distribution platform which will provide food customized procurement and processing services to hotels…
Swiss food and beverage firm Nestle announced the launch of its new Yiyang brand in China, marking its entry into the Chinese protein market.
In 2012, China's nationwide home appliances rural project subsidy scheme, excluding provinces and cities like Shandong, Henan, Sichuan, and Qingdao, achieved sales of 79.913 million units, a year-on-year increase of 22.6%; and the total sales…
German retail giant Metro AG announced the opening of its 64th Chinese supermarket in Huangdao district of Qingdao, Shandong province.
Zippo, the international brand known for its windproof lighters, is expanding into the American-style men's apparel and accessories market and its first apparel store in China has opened at Wanda Plaza in Qingdao.