China
AI enhances shopping experience in China’s e-commerce
Investments in AI have pushed the industry’s value beyond $68.85b.
China gains strong foothold in therapeutic cancer vaccines market
Seven cancer vaccines have been approved in the country.
Sephora cuts 10% of staff in China
Over 4,000 employees in China are impacted.
Walmart sells $3.7b stake in JD.com to focus on China ops
Walmart said it is shifting its focus to its own operations in China.
Alibaba to adjust e-commerce strategy to enhance merchant terms
Alibaba will refine its China e-commerce strategy by improving merchant terms and introducing new technology service charges to boost monetisation, according to S&P Global Ratings.
Will boosting consumer spending ease China’s economic slowdown?
The nation aims to cut reliance on manufacturing and boost its economy.
China sees increased demand for suncare products
A preference for lighter skin tones is boosting the demand for products that prevent discoloration and sunspots.
Toxic substances found in products sold on major Chinese online platforms
This includes hats and sandals sold on AliExpress, Temu, and Shein.
L Catterton invests in Viee to expand plant-based beverage brand in China
It aims to bolster Viee’s presence in its home regions of Sichuan and Chongqing.
China retail spending growth to remain tepid through 2025
This is due to ongoing soft macroeconomic conditions.
Yum China announces CFO resignation
Adrian Ding will become acting CFO starting 1 October.
China’s consumer firms to face increased global competition
This includes the restaurants, apparel, and home appliances sectors.
How can luxury brands overcome the impact of ‘luxury shame' in China?
China's market is pressured by rising outbound tourism and declining local demand.
Alexander Pollich named CEO of Porsche China
He will now oversee Porsche's crucial Chinese market.
FMCG growth slows down in Mainland China
The sector grew by approximately 2% in value in Q1 2024.
Louis Vuitton and % Arabica opens pop-up store in Beijing
This showcases both brands' commitment to quality and immersive experiences.
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Retailers and brands told to harness data for growth
![Retailers and brands told to harness data for growth]()
The tandem should turn insights into profit strategies, Flying Fish Lab says.
The tandem should turn insights into profit strategies, Flying Fish Lab says.
