Ikea Will Open First PUP Store In China
Ikea's first pick-up and order point in China is currently being built in Wenzhou and is expected to officially open at the beginning of this summer.
Logistics
Alibaba's Logistics Subsidiary Launches New Alliance
Cainiao Network Technology, logistics subsidiary of Alibaba Group, announced that the company will establish the Cainiao Alliance by cooperating with logistics partners to improve e-commerce logistics in China.
Wal-Mart To Build Eight New Stores In Dongguan
Wal-Mart recently signed a strategic cooperation memorandum with the southern Chinese municipal government of Dongguan to build eight new stores and a logistics distribution center that will cover the entire South China region in the…
Korean's Eland To Build Tourism JV With China's Wanda
South Korea's apparel brand Eland recently signed an agreement with China's Wanda Group to establish a tourism joint venture in South Korea.
China's Bright Food Group Acquires Spain's Miquel
China's Bright Food Group announced in Barcelona that the group has completed its acquisition of Miquel Alimentacio, a food distributor in Spain.
Lotte Signs Five-year Exclusive O2O Deal In China
Chinese B2C e-commerce website JD.com and South Korean retail giant Lotte.com have signed a strategic cooperation agreement and an exclusive agreement under which JD.com will become the sole strategic partner of Lotte.com in the Chinese…
Logistics Deal Opens South America To Chinese Goods
South American e-commerce buyers seeking faster shipping and more options from Chinese sellers may be smiling after a new deal was announced last week.
Metro Reaches Exclusive Strategic Deal With Alibaba
Alibaba Group and Metro announced an exclusive strategic deal under which Metro's official flagship store will enter Tmall.com, Alibaba's B2C e-commerce platform.
JD Forms Strategic Alliance With 17 Home Improvement Brands
Chinese B2C e-commerce website JD.com announced a strategic alliance with 17 home improvement brands, including NVC Lighting, Nippon Paint, Dongpeng, and Power Dekor.
JD Group Invests CNY4.3 Billion To Acquire 10% Stake In Yonghui Supermarket
Chinese B2C e-commerce provider JD Group and supermarket retailer Yonghui Supermarket announced an O2O strategic agreement under which JD Group will acquire a 10% stake in Yonghui Supermarket for CNY4.3 billion.