China
JD.com's net income surges 132.8% YoY to $3.4b in 2023
The company’s revenue reached $152.8b, up by 3.7% from 2022.
JD.com's net income surges 132.8% YoY to $3.4b in 2023
The company’s revenue reached $152.8b, up by 3.7% from 2022.
AS Watson Group names Watsons China co-managing directors
They will replace CEO Kulvinder Birring.
Douyin surpasses JD marketplace in health product sales
It is the second largest platform for consumer health products behind Tmall.
JD.com upgrades ‘Spring Dawn Initiative’ with AI services
It now includes a store launch AI assistant, AI-driven content creation tools, and a digital presenter live streaming service.
JD.com expands free shipping offer
The minimum order value for free shipping is $8.2.
Teddy bear inventor Steiff, Melchers ink partnership for China expansion
Both companies will establish a supply chain and distribution centre in Shanghai.
Omani perfume brand Amouage opens first pop-up boutique in China
The luxury fragrance brand opened its first flagship online store on Tmall Global.
JD.com introduces free at home return service
The “Free At-Home Return” option will be featured on 90% of products on the site.
L’Oreal completes minority investment in Chinese fragrance brand
This will boost To Summer’s growth globally.
On Location, Fliggy launch hospitality e-commerce store for the 2024 Olympics
It is the first dedicated platform for Chinese customers for the 2024 Olympic Games.
DFS, Douyin partner to boost luxury travel retail shopping experience
Both entities organised two successful livestreaming events, showcasing over 80 beauty products.
JD logistics arm to use large-scale hydrogen-powered heavy-duty trucks
The deployment of the new fleet of trucks will reduce emissions by 1,000 tonnes.
China’s Dingdong authorises $20m share repurchase programme
The company may implement proposed repurchases until 28 January 2025.
Chinese consumers buy luxury items abroad due to pricing gaps
Domestic luxury spending is seen to decline to 70% from 90% during the pandemic.
China’s luxury market up 12% YoY in 2023
However, it has not yet fully recovered to 2021 levels.
Domino's Pizza China's 10 new stores achieve record first 30-day sales
DPC Dash now holds 17 of the 20 top Domino's stores worldwide.
Resource Center
Read Here
Advertise
Sign Up
Event News
Event News
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.
