According to reports in Chinese local media, China's total retail sales of consumer goods reached CNY3.951 trillion in November 2020, a year-on-year increase of 5% and the growth rate was 0.7 percentage point higher than…
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JD Net Revenue Up 29.2% In Q3 2020
JD Group recently published its performance results for the third quarter of 2020, stating that the group achieved net revenue of CNY174.2 billion, a year-on-year increase of 29.2%.
China's Total Retail Sales Of Consumer Goods Up 4.3% In October 2020
According to statistics released by the National Bureau of Statistics, China's total retail sales of consumer goods reached CNY3.858 trillion in October 2020, a year-on-year increase of 4.3% and the growth rate was one percentage…
VIP.com Appointed New CFO
Chinese e-commerce platform VIP.com recently published an announcement to appoint Cui Dawei as its new CFO.
Tsutaya Books To Open First Chinese Store In Hangzhou
According to reports in Chinese local media, Tsutaya Books will open its first Chinese bookstore in Hangzhou's Maison Moree on October 18, 2020.
Taobao To Withdraw From Taiwan By End Of 2020
According to reports in Taiwanese local media, Taobao Taiwan released an announcement on October 15 that the company would stop operations in Taiwan on December 31, 2020.
Meituan Dianping Formally Renamed To Meituan
Meituan recently published an announcement, stating that the company had been renamed from "Meituan Dianping" to "Meituan", effective on September 30, 2020.
Alibaba's GM For Xianyu Business Resigned
According to reports in Chinese local media, Chen Lei, general manager of Xianyu Business Division, has departed Alibaba.
JD Invested USD100 Million In Li & Fung
According to reports in Chinese local media, JD Group and Li & Fung Group announced to reach a strategic investment agreement.
Huawei Plans To Open Three Flagship Experience Stores In UK
Huawei previously opened its largest flagship store in Shanghai and the company announced plans to open three new flagship experience stores in UK.