Taobao To Withdraw From Taiwan By End Of 2020
According to reports in Taiwanese local media, Taobao Taiwan released an announcement on October 15 that the company would stop operations in Taiwan on December 31, 2020.
Taiwan
Uni-President Ends JV Partnership With Starbucks In China
Starbucks and Uni-President jointly announced that Starbucks will invest about USD1.3 billion in cash to acquire the remaining 50% stake in President Starbucks Coffee Shanghai Co. Ltd., the two parties' joint venture in the East…
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.
Master Kong Gulps Down Ovaltine In Mainland China
Master Kong Beverage Investment China and Shanghai AB Food & Beverages Ltd. inked a cooperation agreement, stating that starting from May 1, 2017, Master Kong Beverage will be licensed to make and sell Ovaltine malted…
Taiwan's Master Kong Business Dissolved
Ting Hsin Group confirmed that its subsidiary Master Kong (Taiwan) Foods Co., Ltd. was dissolved on January 1, 2017.
Chinese Roast Duck Icon Increases Overseas Branches
China's leading roast duck restaurant Quanjude is bringing its unique waterfowl taste to more diners around the world.
Women's Clothing Chain Makes Chinese Inroads
Women's apparel chain bebe stores, inc. has found a new distribution partner for Greater China.
Apple Expands Trade-in Service In Mainland China
Apple has launched a "reuse and recycling project" in mainland China which will support the trade-in of iPad and iPhone products.
Letv Starts Selling TVs In Hong Kong
China's Letv.com announced that its super TV products have formally entered the Hong Kong market and the first batch of its 4K super TV X50 Air immediately sold-out after their launch.
Taiwan's Rt-Mart Launches Internet Shopping For Mainland Consumers
Taiwan-based supermarket retailer Rt-Mart has joined Shoptaiwan.cn, an Internet shopping website promoted by Taiwan's Institute for Information Industry, to provide online shopping services to mainland consumers.