China

JD.com taps Mastercard to expand global commerce strategy on payments, cross-border trade

The partnership includes joint work on AI-driven commerce tools and stronger fraud prevention.
3 days ago

Alibaba posts strong profit growth as AI and cloud drive momentum

However, operating performance weakened due to heavy investment.
6 days ago

JD.com expands luxury beauty portfolio with Chanel flagship launch in China

The store includes fragrance, makeup, and skincare lines.

JD Cross-Border partners with Müller to expand European goods in China

Product focus includes European beauty, personal care, and selected luggage items.

Hongkong Land expands Shanghai flagship with Westbund Central Phase Two

New tenants include more than 600 international retail and lifestyle brands.

Nestlé confirms sale of Blue Bottle Coffee to Centurium Capital

The transaction is expected to be completed in the first half of 2026.

Luckin Coffee opens 55,000-ton capacity smart roasting center in Qingdao

It features the world’s largest single coffee roaster.

Kering acquires minority stake in ICICLE owner ICCF

The deal is part of Kering’s new “House of Wonders” initiative.

Beijing retail outlook 2026 hinges on consumer confidence recovery

Retail recovery remains linked to broader economic conditions.

Golden Goose opens largest APAC flagship in Beijing with Venetian concept

Features include co-creation area, bespoke sneakers, tailoring, and VIP lounge.

Temu joins IACC to strengthen IP protection efforts

It will collaborate with brands and enforcement partners.

Emerging brands expand in Shenzhen as consumers shift to lifestyle categories

Flagship openings and store upgrades also rise to enhance customer experience.

Emerging tech brands seize Shenzhen malls as smartphone giants retreat

The report noted that only 38% of their stores are in suburban areas as of 2025.

China consumption edges up during Qingming holiday as travel surges

Retail and catering sales recorded year-on-year growth.