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.
online shopping
China's Suning Commerce Group Reported CNY68.72 Billion Operating Revenue In H1 2016
Suning Commerce Group recently published a report for its performance in the first half of 2016, stating that Suning's total operating revenue was CNY68.72 billion, a year-on-year increase of 9.03%.
Strategic Internet Partnership Links Two Of China's Biggest Retailers
Gome's e-commerce website Gome.com.cn and Rt-Mart's e-commerce business Feiniu.com will join forces to sell more online products.
Carrefour Unveils O2O E-commerce Services In Beijing
French retail giant Carrefour officially launched its online store in Beijing. The e-commerce site integrates store delivery, multiple payment methods, dual-language services, and return and exchange at all stores.
Amazon Kindles Its China Strategy With New Chief
Amazon has appointed Amazon global vice president and general manager of Kindle China Zhang Wenyi as new president for Amazon China.
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.
H&M Plans To Open More Stores In China As Global Net Profit Declines
H&M announced that its global net profit for the first quarter of 2016 decreased by 30% year-on-year to SEK2.55 billion. Yet, the company will still open more retail stores in China in 2016.
Alibaba Becomes Fourth Largest Shareholder Of Groupon
China's Alibaba Group recently purchased 33 million Groupon Inc. shares, making it the fourth largest shareholder of the U.S. company.
Apple Introduces Payment Service In China
Chinese online shoppers now have an alternative means to pay for goods online.
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.