Germany's Aldi Focuses On Chinese E-commerce Sales
Germany's leading retailer Aldi has entered Alibaba's Tmall.hk, the international site of Tmall.
Australia
Germany's Aldi Eyes Chinese Retail Entry
German supermarket chain Aldi plans to enter China and other Asian markets with Australia as its springboard in the hemisphere.
Chinese Roast Duck Icon Increases Overseas Branches
China's leading roast duck restaurant Quanjude is bringing its unique waterfowl taste to more diners around the world.
Wangfujing Reports Net Profit Decline
Chinese department store retailer Wangfujing reported its financial situation for the first quarter of 2016, and the news was not great.
Gome Teams With Japan's BIC For Global Shopping
Chinese electronics and home appliances retailer Gome reached a deal with Japanese retailer BIC Camera for the sale of overseas products in Gome's physical stores as well as on its e-commerce platform.
Wanda Cinema Line To Acquire Second Largest Cinema Chain In Australia
Wanda Cinema Line, a unit of China's leading property developer Dalian Wanda Group, plans to acquire the entire stake in Hoyts Group, a leading chain cinema operator in Australia, via a wholly-owned subsidiary.
Hong Kong Jewelry Retailer To Invest Billions In South Korean Casino
Hong Kong's Chow Tai Fook Enterprises plans to invest USD2.6 billion in a casino project in Incheon, South Korea, aiming to attract Chinese gamblers.
Amazon.com Cooperates With Shanghai Pilot Free Trade Zone For Direct Delivery To China
The management committee of China (Shanghai) Pilot Free Trade Zone and Shanghai Information Investment have respectively signed a memorandum of cooperation with Amazon.com aimed at cross-border e-commerce development.
Aussie Company Sets Up Distribution Center In Jiangsu Province
Goodman, which owns, develops and manages industrial space, held a groundbreaking ceremony for its Goodman Wujiang Distribution Center in Suzhou, Jiangsu.
Wal-Mart China Announces New Management Changes
The world's leading retail giant Wal-Mart confirmed to Chinese local media that Wal-Mart China has new management changes.