Alibaba's Beijing Headquarters Lays Foundation
With a total investment of CNY6.4 billion, Alibaba Group's Beijing headquarters park formally laid foundation in Chaoyang District.
Business
JD Signed Sales Agreement With Nine Watch Brands
According to reports in Chinese local media, JD has signed strategic sales agreement with nine Chinese watch brands, including Rossini, Ebohr, Fiyta, Tian Wang, and Sea-Gull, for 2020 with total value of over CNY100 million.
American Ski Brand Enters China
American high-end professional ski brand Spyder formally announced to enter the Chinese market.
Suning Xiaodian Acquired Circle K Stores In Guangzhou
According to reports in Chinese local media, Suning Xiaodian, the convenience store chain owned by Suning, and Fung Retailing reached an equity transfer agreement, under which Suning Xiaodian will buy more than 60 Circle K…
JD Appointed Strategic Investment Director
According to reports in foreign media, China's second largest e-commerce company JD appointed Jason Hu, former managing director of CDH Investments, as its strategic investment director, leading transactions in China and abroad.
China Mobile Opened First 5G Experience Store In Hong Kong
According to reports in Chinese local media, China Mobile recently opened its first 5G experience store in Hong Kong.
Japan's Don Quijote Opened First Store In Hong Kong
Japan's Don Quijote recently opened its first store in Hong Kong, which is the company's sixth overseas store following those in Hawaii, Bangkok, and Singapore.
JD Rumored To Invest In Indonesian E-commerce Company
China's JD is reportedly currently negotiating with PT Tokopedia, an e-commerce company in Indonesia, for a potential investment deal.
JD.com Parent Company Hires Academic For Global Expansion
Chinese B2C e-commerce service provider JD Group announced the establishment of a strategy unit and international business expansion unit.
Taco Bell Brings Its Nachos To China
Iconic American fast food taco, burrito, and nacho chain Taco Bell has arrived again in China.