Dangdang.com Plans 1,000 Physical Bookstores Over Three Years
Chinese B2C e-commerce retailer Dangdang.com announced that the company plans to open 1,000 physical bookstores within three years, covering shopping malls, supermarkets, and towns.
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JD.com To Close Paipai.com By End Of December
Chinese B2C e-commerce operator JD.com announced that they will stop services at Paipai.com on December 31, 2015, and after a three-month transition period the website will be completely shut down by April 1, 2016.
Beibei.com To Invest CNY500 Million To Support 1,000 Brands
Maternal and child supplies e-commerce site Beibei.com announced that they will invest CNY500 million in the next 12 months to support 1,000 quality brands which have monthly sales of over CNY1 million.
Dutch Supermarket Giant Opens Flagship Chinese E-commerce Store
Dutch leading supermarket chain Albert Heijn has opened its official flagship store on Tmall's international site Tmall.hk.
China's Suning Laox Opened Eight New Japanese Stores Last Month
Suning's controlling subsidiary Laox is accelerating the realization of its international strategy and the company opened eight new stores in September 2015, reaching a total of 30 stores in Japan.
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…
China's Social Consumer Retail Sales Up 10.8% In August 2015
According to statistics published by National Bureau of Statistics of China, the country's social consumer retail sales reached CNY2.489 trillion in August 2015, representing a year-on-year increase of 10.8%.
Asian Shoppers Can Soon Use Credit Cards To Buy Chinese Travel
U.S.-based Digital River, Inc. has signed a payments agreement with Chinese online travel company Ctrip.
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.
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.