South Korea's E-mart To Withdraw From Chinese Market
E-mart will reportedly fully withdraw from the Chinese market.
South Korea
Five Star Appliance To Enter Home Decoration Market With New Brand
Chinese electronics and home appliances retailer Five Star Appliance formally announced plans to enter the home decoration and renovation sector with a new sub-brand named "Sigma Life".
Anta Acquires Korean Brand Kolon Sport
Chinese sportswear brand Anta announced that its wholly-owned subsidiary Anko and the joint investor of Kolon have signed a joint venture agreement with Kolon for the establishment of a joint venture group.
Korea's Eland Aims At Ten Shopping Centers In China In 2016
South Korean apparel brand Eland plans to develop ten shopping centers in China before the end of 2016.
Wangfujing Reports Net Profit Decline
Chinese department store retailer Wangfujing reported its financial situation for the first quarter of 2016, and the news was not great.
Chinese Drones Invade Korea's Retail Space
Chinese drone maker DJI is expanding its retail strength across Asia.
Korean's Eland To Build Tourism JV With China's Wanda
South Korea's apparel brand Eland recently signed an agreement with China's Wanda Group to establish a tourism joint venture in South Korea.
Gome Teams With Japan's BIC For Global Shopping
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.
Lotte Signs Five-year Exclusive O2O Deal In China
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…
Asian Shoppers Can Soon Use Credit Cards To Buy Chinese Travel
U.S.-based Digital River, Inc. has signed a payments agreement with Chinese online travel company Ctrip.