Swedish start-up company Wheelys recently opened an unmanned convenience store which is controlled by app in Shanghai.
Dairy Farm International, parent company of Ikea's business in Hong Kong, recently revealed that Ikea plans to open its fourth outlet in Hong Kong during the second half of 2017.
H&M announced that its global net profit for the first quarter of 2016 decreased by 30% year-on-year to SEK2.55 billion. Yet, the company will still open more retail stores in China in 2016.
The time-honored traditional Chinese medicine brand Tong Ren Tang says it accelerated its overseas expansion and opened nine new stores in the overseas market in 2015.
Stockholm-based underwear company Björn Borg is exiting the China market.
Swedish home supplies giant Ikea formally announced that its second store in Beijing will open at the end of 2013.
Ikea will reportedly invest about CNY1 billion in a new project in Chongqing to build the company's largest flagship store in western China.
The Swedish fashion apparel brand H&M opened its second store in Guangzhou at Grandview Mall on October 14, 2010, following the opening of the first at China Plaza.
The China Banking Regulatory Commission has granted Swedbank a local currency license to use the Renminbi.
Wayne's Coffee, one of the largest cafe chain brands in North Europe, has opened its first Chinese shop at Beijing's Oriental Plaza.