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.
Indonesia
Ikea Plans Fourth Store In Hong Kong
Dairy Farm International, parent company of Ikea's business in Hong Kong, recently revealed that Ikea plans to open its fourth outlet in Hong Kong during the second half of 2017.
Nestle Confirms Greater China Head Change
Nestle has confirmed that its Greater China chairman and chief executive officer John Cheung will leave his current position and transfer to another important position in Nestle Group.
Secret Recipe Opens New Restaurant In Jiangsu
Secret Recipe, a Malaysian restaurant chain, opened its first restaurant in Changzhou, Jiangsu province, and the number of Secret Recipe restaurants now tops 70 in China.
Aeon's Largest Chinese Shopping Mall Opens In Suzhou
Japanese retailer Aeon recently opened its largest Chinese shopping mall in Suzhou, marking the company's entry into the Shanghai-centered East China region.
PayPal Expands Internet Seller Protection
Online payment provider PayPal is expanding its support to sellers in Asia.
Intersport To Open Three New Stores In China In August
International sporting goods retailer Intersport has announced plans to open three new outlets in China in August 2013 to expand its international market.
Lotte Plans To Open 20 New Outlets In China
The South Korean retailer Lotte has announced that it will focus on the Chinese market in its overseas expansion and it is planning to open 20 new department stores there by 2018.
Li Ning To Open At Least 70 Badminton Supplies Stores In South Asia
Chinese sportswear giant Li Ning has started its comprehensive distribution network in South Asia with the opening of a flagship store in Ion Orchard, Singapore, and it plans to open up to 100 badminton supplies…
Tiens Closes BannerStore In Beijing
According reports from local media, Tiens Group has closed its only supermarket in Beijing — the outlet operated under the brand name of BannerStore.