Chinese electronics and home appliances retailer Gome announced that it has acquired an 80% stake in the business-to-consumer home appliances website Coo8.com, but no financial details have been disclosed.
Chinese telecom operator China Unicom and Five Star Appliance, Best Buy's electronics retail subsidiary in China, have signed a strategic cooperation agreement covering various services of China Unicom.
U.S. electronics retailer Best Buy Group has signed an agreement with China Chain Store & Franchise Association in Nanjing to set up an education fund in China.
U.S.-based clothing retailer Gap Inc. announced the debut of its first four wholly-owned Gap stores in China.
U.S.-based Starbucks Coffee Company signed memorandum of understanding deals in China to assist local farmers to develop better sustainability practices.
More than four years after it shuttered its Chinese retail banking operations, Bank of America's charity arm is now funding a conservation program in China.
More than 1,000 suppliers, publishers, and Internet retailers, including Dangdang.com, Microsoft, Aigo, Wyeth, Lock & Lock, the Commercial Press, and the People's Literature Publishing House, have jointly published an "Internet Retailing Honesty Declaration" in China.
The Beijing E-commerce Industry Collaboration Committee has been established to encourage resource sharing and industry self-regulation, and to resist unhealthy competition.
Chinese home appliances retailer Suning has published its semi-annual financial report, stating that due to the incentive policy in China's home appliances industry, its net profit increased by 56.08% year-on-year to CNY1.974 billion in the…
British retail chain operator Tesco Plc recently announced that it established a partnership with Lenovo Group to develop a green IT project in China.