China
How Chengdu achieved a 276% surge in cross-border e-commerce
Nationwide, over 120,000 cross-border e-commerce entities are in operation.
How Chengdu achieved a 276% surge in cross-border e-commerce
Nationwide, over 120,000 cross-border e-commerce entities are in operation.
JD.com and British Fashion Council partner to boost fashion brands in China
It aims to help British and global fashion brands navigate the Chinese market.
JD Super announces $1.41b investment to boost brand partners
It will focus on agricultural producers and new product launches.
Charles & Keith launches flagship store in Chengdu, China
This is the largest amongst the brand’s global locations.
Balenciaga launches flagship store on JD.com
Balenciaga joins other Kering brands like Gucci and Saint Laurent on JD.com.
JD.com invests $141m to establish JD Fashion platform
It will allow thousands of brands to launch new fashion products at the same time on JD’s marketplace.
Din Tai Fung to close 14 Beijing outlets
The decision was attributed to licensing issues.
AI enhances shopping experience in China’s e-commerce
Investments in AI have pushed the industry’s value beyond $68.85b.
China gains strong foothold in therapeutic cancer vaccines market
Seven cancer vaccines have been approved in the country.
Sephora cuts 10% of staff in China
Over 4,000 employees in China are impacted.
Walmart sells $3.7b stake in JD.com to focus on China ops
Walmart said it is shifting its focus to its own operations in China.
Alibaba to adjust e-commerce strategy to enhance merchant terms
Alibaba will refine its China e-commerce strategy by improving merchant terms and introducing new technology service charges to boost monetisation, according to S&P Global Ratings.
Will boosting consumer spending ease China’s economic slowdown?
The nation aims to cut reliance on manufacturing and boost its economy.
China sees increased demand for suncare products
A preference for lighter skin tones is boosting the demand for products that prevent discoloration and sunspots.
Toxic substances found in products sold on major Chinese online platforms
This includes hats and sandals sold on AliExpress, Temu, and Shein.
L Catterton invests in Viee to expand plant-based beverage brand in China
It aims to bolster Viee’s presence in its home regions of Sichuan and Chongqing.
China retail spending growth to remain tepid through 2025
This is due to ongoing soft macroeconomic conditions.
Commentary
Why micro-retail is the way to go to reach Southeast Asian shoppers