Luxury e-commerce website Secoo.com recently published its financial report for the first quarter of 2020, stating that the company's total operating revenue reached CNY1.005 billion, which was about USD142 million; and it made net losses…
According to Nicholas Holt, John Lobb's director for Asia Pacific and China, John Lobb will launch an owned e-commerce platform in China.
Alibaba Group and Marriott International announced a comprehensive strategic deal.
Functional drink brand Celsius, which previously gained investment from the Hong Kong tycoon Li Ka-shing, announced that the company will cooperate with Qifeng Food Technology (Beijing), an e-commerce agency, to enter the Chinese market.
French sports supplies retailer Decathlon has opened its first physical store in Hong Kong.
Japanese furniture and home decoration brand Nitori will open a flagship store in Xujiahui, Shanghai.
Chinese B2C e-commerce group JD plans to make an investment in Thailand before the end of 2017 to further expand its overseas business.
Chinese e-commerce group Alibaba and the Internet fresh food platform Yiguo signed an equity transfer contract, under which Alibaba will purchase 18% shares of Lianhua Supermarket from Yiguo.
Brookstone will formally enter the Hangzhou market with its first store opened at the Hangzhou GDA Plaza, which is Brookstone's flagship store in the city.
Auchan China's general manager Shen Hui announced plans to depart the company and start a new career.