Walmart's Chinese E-Commerce Website Hits New Highs
According to Yu Gang, chairman of Yihaodian.com, this Chinese B2C e-commerce website realized sales of CNY11.54 billion in 2013.
Quanzhou
Tesco Opens First Outlet In Quanzhou
British retailer Tesco opened a new supermarket in Quanzhou, Fujian province, which is the company's first outlet in this Chinese city.
Pepsi Opens New Plant In Chengdu
Pepsi has recently opened its new plant in Chengdu, the capital of Sichuan province, marking a new stage for the company's development in China's southwestern areas.
China's 361° Listed In Hong Kong
Quanzhou-based Chinese sportswear company 361° has been listed in Hong Kong, with an initial public offer price of HKD3.61 per share.
SAIC Issues Four Measures To Regulate Sales Promotions
China's State Administration for Industry and Commerce has issued four measures to further strengthen market management and regulate how promotions are handled at retail outlets.
Septwolves Purchases Entire Business Street
Septwolves Group, one of the most famous men's clothing makers in China, has bought all the 211 stores of Xinmen Street, a main business street in Quanzhou, Fujian Province.