China
Victoria’s secret sells 49% of China business for $45m
The company is forming a joint venture with Hong Kong-listed Regina Miracle.
Victoria’s secret sells 49% of China business for $45m
The company is forming a joint venture with Hong Kong-listed Regina Miracle.
Shopify, JD.com eases US merchants’ access to China
The partnership gives them channel to JD’s 550 million users.
JD’s third-party sellers adopt China’s new digital currency
Changsha Qianbaizhi Food Trading was amongst the first to access e-CNY.
JD’s Seven Fresh to open 12 stores in Southern China by end-2022
The company seeks to expand its Greater Bay Area operations, currently with eight stores.
Shiseido, Tencent partner to improve social commerce business
This aims to provide new consumers to Chinese consumers globally.
Brazil-based meat supplier marks retail foray into China via JD
JBS will offer a wide selection of beef products from several countries.
Alibaba ties up with Belgian government to promote Belgian exports
The company will provide assistance to Belgian SMEs on its platform.
Ten brands offer online after-sales service on Tmall Luxury Pavilion
Joining the service are Gucci, Van Cleef & Arpels, and Burberry.
JD to build next omni-channel mall in Jiangei New Area
This marks the second collaboration between JD and Excellence Group.
Blackmores receives Digital Marketing Strategy of the Year – China award for successful Tiktok campaign
The campaign promoted living healthily amongst office workers.
JD Fresh gets direct cherry sources from Chilean exporters
China takes up 95% of Chile’s cherry exports.
Alibaba Group picks Toby Xu as new chief financial officer
The outgoing CFO Maggie Wu will serve as an executive director of the board.
Sharing economy, buying time megatrends gain ground in China
Over 50% of the Chinese consumers engaged in sharing economy in 2019.
What are the digital mega trends in China’s e-commerce?
These mega trends include the rise of smart cities and homes, and shifting market frontiers, among others.
JD Beauty launches Black Friday sale with international brands
The company noted that luxury beauty items tend to be popular on Black Friday.
Alibaba, Unilever jointly ramp up sustainable commitments
Alibaba has expressed plans to roll out green-shelf spaces across its platforms.
JD, Excellence Group to launch a mall in Hunan
The store will be an upgraded version of JD’s E-space omni-channel store.