Yum China Buys Chinese Food Delivery Company
Yum China is betting that more consumers will continue to order Pizza Hut and KFC food via their smartphones for speedy delivery to their homes and work.
Logistics
Yiguo Group Invests HKD950 Million Into Lianhua
The Internet fresh food platform Yiguo has invested HKD950 million into Lianhua. This now makes Yiguo the second largest shareholder of this Chinese supermarket chain operator.
Carrefour Taps O2O Platform In Wuhan
Carrefour's Hubei regional office announced the launch of its Carrefour online store, which is the online-to-offline business of this French retailer.
JD Launches New Delivery Service To Improve Punctuality
Chinese B2C e-commerce company JD.com announced the launch a new delivery service which aims to provide punctual delivery within a designated period of time to consumers.
Wal-Mart Announces USD50 Million Strategic Investment In New Dada In China
Chinese online grocery and delivery firm New Dada and Wal-Mart jointly announced that Wal-Mart has made a strategic investment of USD50 million into New Dada and the two parties will have a strategic cooperation.
Chinese Internet Food Platform Gains CNY100 Million Investment
Gegejia.com, an online high-end food platform in China, recently announced that the company had completed its series A+ financing round of about CNY100 million, which was led by GF Xinde Investment Management and participated by…
Starbucks Will Soon Launch Delivery Service In China
Starbucks China plans to complete the establishment of its coffee delivery service within the 2017 financial year so consumers will be able to enjoy delivered Starbucks coffee within 20 minutes of an order placement.
China's Cofco Announces Dutch Agricultural Giant Acquisition
China National Cereals, Oils and Foodstuffs Corporation announced that its subsidiary Cofco International Limited will acquire the remaining stake in Nidera from Cygne, and Cofco will gain the full ownership of Nidera with the closing…
E-commerce Arrives For Chinese Ikea Customers
Ikea China announced that the company will launch its e-commerce business at the end of August 2016 and this business will first begin trial operation in Shanghai.
Japanese Baby Brand Enters Chinese Internet Space
Japanese maternal and baby supplies brand Pigeon has opened its first overseas flagship store on Tmall.hk.